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Public Buildings and Facilities
Capital Improvements Program and Plan
Summary By Fund
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CAPITAL IMPROVEMENTS PROGRAM & PLAN SUMMARY BY FUND FY 2023 - 2032
PLANNED EXPENDITURES 5 Year Summary
2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 5 Year 6-10 Year 10 Year Subtotal Subtotal Total
PUBLIC UTILITIES FUND 9,270,000 11,412,000 19,318,000 18,797,000 11,866,000 70,663,000 82,284,000 152,947,000
FLEET FUND - - - 300,000 3,875,000 4,175,000 10,325,000 14,500,000
STORMWATER FUND 5,466,356 10,919,244 6,161,000 5,588,500 812,500 28,947,600 2,500,000 31,447,600
TRANSIT FUND - - 60,000 2,701,996 - 2,761,996 - 2,761,996
INFORMATION TECHNOLOGY FUND 500,000 200,000 200,000 2,000,000 - 2,900,000 6,500,000 9,400,000
GENERAL GOV'T. FUND 44,082,506 51,457,477 43,825,142 68,906,252 53,741,757 262,013,134 502,025,883 764,039,017
TOTAL ALL FUNDS: 59,318,862 73,988,721 69,564,142 98,293,748 70,295,257 371,460,730 603,634,883 975,095,613
FUNDING SOURCES
2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 5 Year 6-10 Year 10 Year Subtotal Subtotal Total
Public Utilities Revenue Bonds Transfer from Public Utilities Fund - 5,350,000 13,600,000 13,050,000 6,400,000 38,400,000 55,600,000 94,000,000 9,270,000 6,062,000 5,718,000 5,747,000 5,466,000 32,263,000 26,684,000 58,947,000
PUBLIC UTILITIES FUND 9,270,000 11,412,000 19,318,000 18,797,000 11,866,000 70,663,000 82,284,000 152,947,000
General Obligation Bonds -
FLEET FUND -
- 300,000 3,875,000 4,175,000 10,325,000 14,500,000
- 300,000 3,875,000 4,175,000 10,325,000 14,500,000
State Transportation Funds Transfer from Stormwater Fund 176,978 - - -
- 176,978 - 176,978 5,289,378 10,919,244 6,161,000 5,588,500 812,500 28,770,622 2,500,000 31,270,622
STORMWATER FUND 5,466,356 10,919,244 6,161,000 5,588,500 812,500 28,947,600 2,500,000 31,447,600
State/Federal Grant Funds Transfer from Transit Fund - 60,000 2,701,996 - 2,761,996 - 2,761,996 - - - - - - -
TRANSIT FUND - - 60,000 2,701,996 - 2,761,996 - 2,761,996
Transfer from General Fund General Obligation Bonds 500,000 200,000 200,000 - - 900,000 - 900,000
- - - 2,000,000 - 2,000,000 6,500,000 8,500,000
INFORMATION TECHNOLOGY FUND 500,000 200,000 200,000 2,000,000 - 2,900,000 6,500,000 9,400,000
Private Contribution State Transportation Funds State/Federal Grant Funds Transfer from General Fund Transfer from Cemetery Fund Transfer from Road Maintenance Transfer from RT 17 Taxing District General Obligation Bonds - - - 300,000 - 300,000 - 300,000
- - -
- 4,600,000 4,600,000 30,400,000 35,000,000 3,946,566 12,283,000 4,454,514 34,812,652 16,357,432 71,854,164 22,032,042 93,886,206 5,739,558 9,231,977 9,376,987 6,571,400 6,756,911 37,676,833 37,820,368 75,497,201 50,000 50,000 - - - 100,000 - 100,000
295,000 60,000 - - - 355,000 - 355,000
4,139,443 - - -
- 4,139,443 - 4,139,443 29,911,939 29,832,500 29,993,641 27,222,200 26,027,414 142,987,694 411,773,473 554,761,167
GENERAL GOV'T. FUND 44,082,506 51,457,477 43,825,142 68,906,252 53,741,757 262,013,134 502,025,883 764,039,017
TOTAL ALL FUNDS: 59,318,862 73,988,721 69,564,142 98,293,748 70,295,257 371,460,730 603,634,883 975,095,613
GO Debt Capacity per Financial Advisor: 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000
Proposed GO Bond Issuance
GO Debt Capacity (Shortfall): 29,911,939 29,832,500 29,993,641 29,522,200 29,902,414
88,061 167,500 6,359 477,800 97,586
Annual Operating Impact
2022-2023 2023-2024 2024-2025 2025-2026 2026-2027
UTILITY FUND - OPERATIONS: - - - - -
ANTICIPATED DEBT SERVICE: - - 428,000 1,088,000 1,044,000 UTILITY FUND - CAPITAL CASH: (5,897,000) (3,208,000) (344,000) 29,000 (281,000)
PUBLIC UTILITIES FUND (5,897,000) (3,208,000) 84,000 1,117,000 763,000
FLEET FUND - OPERATIONS: ANTICIPATED DEBT SERVICE: FLEET FUND - CAPITAL CASH: -
FLEET FUND -
-
- 24,000 - -
- 24,000
STORMWATER FUND - OPERATIONS: - - - - -
ANTICIPATED DEBT SERVICE: - - - - STORMWATER FUND - CAPITAL CASH: 4,339,078 5,629,866 (4,758,244) (572,500) (4,776,000)
STORMWATER FUND: 4,339,078 5,629,866 (4,758,244) (572,500) (4,776,000)
TRANSIT FUND - OPERATIONS: ANTICIPATED DEBT SERVICE: TRANSIT FUND - CAPITAL CASH: -
TRANSIT FUND: -
IT FUND - OPERATIONS: ANTICIPATED DEBT SERVICE: IT FUND - CAPITAL CASH -
INFORMATION TECHNOLOGY FUND: -
- 40,000 50,000 - - 160,000
- 40,000 210,000
GENERAL FUND - OPERATIONS: 1,075,000 82,000 400,000 20,000 85,000 ANTICIPATED DEBT SERVICE: - 2,392,955 2,386,600 2,399,491 2,177,776 GENERAL FUND - CAPITAL CASH: 647,608 3,192,419 145,010 (3,005,587) 185,511
GENERAL GOV'T. FUND 1,722,608 5,667,374 2,931,610 (586,096) 2,448,287
General Fund Real Estate Tax Rate Impact: 1.6 5.3 2.7 (0.5) 2.3
General Government
