2013 BUDGET - Laserfiche WebLink

Home Browse Search

9.000.000 8,000,000 7.000.000 6.000,000 5,000,000 4,000,000 3,000,000 2.000,000 1.000,000 Conservation Trust - Open Space & Parks Fund Forecast Northwest Parkwa Er IGA Grant & Land Acquisition II: Northwest Parkway El IGA Grant MI Includes City Services Inclut r , Remodel & 4, MlcCaslin la " "as mg on Underpass Undel o° a` oti o� o� `' `° oA o9, �"� �o � .yo ti° yo (;;;S eto ,© ,o ya do tid a ,o ,o ti© ,o o R even e Fxpatddures F und Balance es Overlook ass 2013 & 2014 Capital Projects Fund • Staff projects Capital Project Fund expenditures at $5.8 million for 2012. The Capital Project Fund budget includes $7.9 million for 2013. • The Capital Projects Fund includes the Street Repair & Reconstruction Program (2013- 2017, $7.5 million) • The Capital Projects Fund will provide 25% of the funding needed in 2012 ($37,500 for design) and 2013 ($1,623,650 for construction) for the City Services Facility project. • Other projects funded from the Capital Projects Fund include: o The McCaslin /US36 Interchange project (2013 -2015, $3.5 million) o 93% of the South Street Underpass project (2013 -2014, $2.7 million) o 33% of the McCaslin /Washington Underpass project (2013, $462,000) o The South Street Improvements project (2015 -2016, $605,000) o The Dillon Road /St. Andrews Lane Crosswalk project (2016 -2017, $621,000) o $300,000 to provide funding in 2012 to implement Citywide Information Technology infrastructure and applications that are likely to be identified by the IT Strategic Plan review that is currently underway. The graph below illustrates the long -term financial forecast for the Capital Projects Fund. This forecast is part of the City's Long -Term Financial Plan and includes the same assumptions as the General Fund for sales and use tax revenue, salaries and wages, and employee benefits. 8