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2014 -2018 CIP Project Delays and Other Actions To Increase Fund Reserves
<br />(Amounts reflect reduced (increased) expenditures or increased revenues to current CIP or budget)
<br />Package 1
<br />Budget Page
<br />2014
<br />2015
<br />2016
<br />2017
<br />2018
<br />177
<br />Trail Improvements (reduce by half)(1)
<br />27500
<br />182
<br />Open Space Zoning(1)
<br />10,800
<br />185
<br />Wayfinding and Signs(1)
<br />17,000
<br />187
<br />New Trail (1)
<br />65,000
<br />65,000
<br />188
<br />New Trail from Tennis Center to CC Trail(1)
<br />24,000
<br />252,000
<br />193
<br />Restroom Improvement Program(2)
<br />32,000
<br />195
<br />Park Renovations(2)
<br />114,000
<br />196
<br />208
<br />211
<br />218
<br />229
<br />241
<br />246
<br />251
<br />254
<br />256
<br />Joe Carnival Site Improvements(2)
<br />114,000
<br />Library Study Room /Project Space
<br />30,000
<br />Basement Restrooms - Police Department
<br />26,500
<br />Walnut Street Bike Boulevard
<br />-
<br />10,000
<br />Bullhead Gulch Underpass
<br />250,000
<br />(250,000)
<br />Railroad Quiet Zones
<br />-
<br />-
<br />400,000
<br />400,000
<br />400,000
<br />Memory Square Improvements
<br />51,500
<br />30,000
<br />ADA Improvements - Rec Center & Parks
<br />199,500
<br />(199,500)
<br />Rec Center - Lobby Furniture
<br />25,000
<br />(25,000)
<br />Rec Center - Security Cameras
<br />20,000
<br />(20,000)
<br />5 -Year Total
<br />917,800
<br />(121,000)
<br />717,000
<br />400,000
<br />155,500
<br />2,069,300
<br />Package 2
<br />Package 1 Totals
<br />917,800
<br />(121,000)
<br />717,000
<br />400,000
<br />155,500
<br />224
<br />Reduce Golf Course Improvements
<br />250,000
<br />City Services Facility (Capital Projects Fund 25 %)
<br />1,800,000
<br />250,000
<br />(1,800,000)
<br />(200,000)
<br />5 -Year Total
<br />2,967,800
<br />129,000
<br />717,000
<br />(1,400,000)
<br />(44,500)
<br />2,369,300
<br />Package 3
<br />Package 1 and 2 Totals
<br />2,967,800
<br />129,000
<br />717,000
<br />(1,400,000)
<br />(44,500)
<br />216
<br />City Hall Fire Sprinkler System
<br />85,000
<br />223
<br />225
<br />226
<br />237
<br />252
<br />259
<br />Library Building Automation
<br />100,000
<br />Concrete Replacement
<br />45,000
<br />Street Reconstruction Program
<br />1,000,000
<br />-
<br />-
<br />(500,000)
<br />(500,000)
<br />Dillon Road /St. Andrews Ln Intersection
<br />35,000
<br />350,000
<br />(35,000)
<br />(350,000)
<br />Rec Center - Pool Upgrades
<br />79,000
<br />Rec Center - Lobby Floor
<br />50,000
<br />(50,000)
<br />Delay Golf Course Reconstruction ?Amount
<br />3,000,000
<br />(3,000,000)
<br />Delay Gateway Underpass Construction
<br />2,470,000
<br />(2,470,000)
<br />5 -Year Total
<br />9,681,800
<br />629,000
<br />(1,753,000)
<br />(4,935,000)
<br />(944,500)
<br />2,678,300
<br />Other Potential Significant + or - Events (Included for All Scenarios)
<br />Speed Up HPF Loan Repayment to GF
<br />500,000
<br />(250,000)
<br />(250,000)
<br />DOLA Grant
<br />750,000
<br />City Services Facility Potential Cost Increase
<br />(1,000,000)
<br />GOCO Grant
<br />?
<br />Sell portion of CTC Property
<br />500,000
<br />Superior contribution for Underpass
<br />162,500
<br />Unanticipated added costs for various projects
<br />?
<br />Unanticipated negative event (another flood ?)
<br />?
<br />Unanticipated 2013 Additional Revenue
<br />Increased 2013 sales tax revenue from 5% over 2012 to 7% over 2012 ($197,000)
<br />Increased 2014 sales tax from 3.7% over old 2013 estimate to 3.5% over new 2013 estimate ($180,000)
<br />Increased 2013 consumer use tax revenue from 7% over 2012 to 18% over 2012 ($132,000)
<br />Decreased 2014 consumer use tax to 90% of new 2013 estimate ($50,000)
<br />Unanticipated 2013 Additional Turnback
<br />Lowered departments' expenditure estimates by 3.5% or $521,000 (would equal turnback amount to 4% of budget)
<br />Other
<br />?
<br />Total
<br />1,412,500
<br />(1)Open Space and Parks Fund planned expenditure that could be delayed to reduce GF /CPF transfer.
<br />(2)Lottery Fund planned expenditure that could be delayed and allow shift of additional CIP projects to Lottery Fund
<br />(3) $30,000 for northbound bike lane on McCaslin as a part of the DDI; $25,000 to extend fiber line from 88th to City Services Facility; and the remaining balance as combined contingency for discussion purposes
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