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Northwest Parkway <br />(96th to 104th) and <br />Hwy42 5BR <br /><� IGA Grant & Land <br />L � Acquisition <br />Interchange <br />Includes McCaslin <br />' <br />Northwest Parkway <br />IGA Grant <br />' 11 <br />/ <br />City Shops <br />, .J' <br />M- Remoel Shops <br />Remodel <br />Mar <br />` V <br />Includes Community <br />Park (Phase I) and Dillon <br />Road (88th to 96th) <br />I ■ <br />Af _o°■ _ C ....FP _off .0 ,.0 ° <br />I <br />.4‘ P o°� on o;` .a'` .. �'`* 40 <br />Funding Costs <br />(96th to 104th) and <br />Hwy42 5BR <br />� <br />Interchange <br />Includes McCaslin <br />/, <br />Dillon Interchange <br />Pro ct <br />' 11 <br />, .J' <br />M- Remoel Shops <br />If <br />Mar <br />` V <br />Includes Community <br />Park (Phase I) and Dillon <br />Road (88th to 96th) <br />9,000,000 <br />8,000,000 <br />7,000,000 <br />6,000.000 <br />5,000,000 <br />4,000,000 <br />3,000,000 <br />2,000.000 <br />1,000,000 <br />(1.000.000) <br />Conservation Trust- Land Acquisition Fund Forecast <br />ti F ti ti ti <br />- Revenue <br />Expenditures <br />Fund Balance <br />Capital Projects Fund <br />• Capital Project Fund expenditures are projected at $6.4 million for 2010, primarily due to the <br />Highway 42 /South Boulder Road Intersection project. Although there are significant grants <br />associated with this project, this level of expenditures will result in a significant decline in <br />Capital Project Fund reserves during 2010. <br />• Capital project spending (excluding transfers, debt service, and administration) for 2011 is <br />budgeted at $3 million. <br />• The Capital Projects Fund includes the Street Repair & Reconstruction Program (2011- <br />2015, $6,250,000) and will provide 25% of the funding needed in 2011 ($25,000 for design) <br />and 2012 ($850,000 for construction) for the City Shops Remodel project. <br />• The following graph illustrates the long -term financial forecast for the Capital Projects Fund. <br />This forecast is part of the City's Long -Term Financial Plan and includes the same <br />assumptions as the General Fund for sales tax revenue, salaries and wages, and employee <br />benefits. <br />10.000.000 <br />9.000.000 <br />8.000.000 <br />7.000.000 <br />6.000.000 <br />5.000.000 <br />4.000.000 <br />3.000.^ <br />2.000.00 <br />1.000.0C <br />Bond Proceeds <br />and Escrow <br />Capital Projects Fund Forecast <br />Includes Dillon Roacl <br />ti ti ti ry ti ti ti ti ti 6P e 6P 6? 6P 6P 6P 6P eeeeee <br />ti I. ti ti ti ti ti <br />•Revenue <br />- Expenditures <br />Fund Balance <br />7 <br />