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Home My WebLink AboutR-09-28RESOLUTION NO. R-09-28 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA ADOPTING A SIX-YEAR CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEARS ENDING 2010-2015; PROVIDING REPEAL OF RESOLUTIONS OR PARTS OF RESOLUTIONS IN CONFLICT HEREWITH; PROVIDING FOR SEVERABILITY AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Sebastian, Indian River County, Florida finds that it is in the best interest of its citizens and taxpayers to provide for financial planning; and WHEREAS, a detailed capital budget is necessary for the proper annual operation of the City and its desired capital program; WHEREAS, the Six-Year Capital Improvement Program has been reviewed by both the City Council and the City Planning Zoning Commission; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA as follows: Section 1. The Six-Year Capital Improvement Program for Fiscal Year 2010-2015 for the City of Sebastian is attached hereto. Section 2. All Resolutions or parts of Resolutions in conflict herewith are hereby repealed. Section 3. This Resolution shall take effect immediately upon its adoption. The foregoing Resolution was moved for adoption by Councilmember c i 11 m o r The motion was seconded by Councilmember coy and, upon being put into a vote, the vote was as follows: Mayor Richard H. Gilmor Vice-Mayor Jim Hill Councilmember Andrea B. Coy Councilmember Dale I. Simchick Councilmember Eugene Wolff aye aye aye aye aye The Mayor thereupon declared this Resolution duly passed and adopted this 12th day of August, 2009 CITY O SE ~ STIAN, FLORIDA By: ichard H. Gilmor, Mayor ATT T: i '/ ~- Sally A. Ma' , MMC City Clerk Approved as to form and legality for the relian a by the City of Sebastian only: Robert Ginsburg, City rney CITY OF SEBASTIAN, FLORIDA CtiY OF CITY MANAGER'S RECOMMENDED CAPITAL IMPROVEMENT PROGRAM FY 2009/10 THROUGH FY 2014/15 CITY MANAGER - AL MINNER August 5, 2009 HOME OF PELICAN ISLAND CITY OF SEBASTIAN, FLORIDA CAPITAL IMPROVEMENT PROGRAM FISCAL YEAR 2010-15 TABLE OF CONTENTS CAPITAL IMPROVEMENT PROGRAM (CIP) CAPITAL IMPROVEMENT PROGRAM SUMMARY Introduction Summary -List of Projects Summary Grouped by Department Summary Grouped by Function Summary Grouped by Funding Source FY 2009/2010 Project by Funding Source FY 2010/2011 Project by Funding Source FY 2011/2012 Project by Funding Source FY 2012/2013 Project by Funding Source FY 2013/2014 Project by Funding Source FY 2014/2015 Project by Funding Source Page Number POLICE DEPARTMENT -Summary 10 Police Department -Detail 11 PUBLIC WORKS DEPARTMENT -Summary 12 Public Works -Detail 13 MUNICIPAL GOLF COURSE -Summary 18 Golf Course -Detail 19 MUNICPAL AIRPORT -Summary 20 Airport -Detail 21 RIVERFRONT COMMUNITY REDEVELOPMENT AGENCY -Summary ~ 24 Riverfront CRA -Detail APPENDIX: Schedule of Available Funding from Various Sources 26 CITY OF SEBASTIAN, FLORIDA CAPITAL IMPROVEMENT PROGRAM FISCAL YEAR 2010-15 CAPITAL IMPROVEMENT PROGRAM City of Sebastian's adopted financial policies requires the City to coordinate the development of the Capital Improvement Program with the development of the strategic plan and operating budget, as well as ensuring compliance with the Comprehensive Plan Capital Improvement Element. Operating expenditures and revenues associated with new capital improvements will be projected and included in the Capital Improvement Program Five-Year Forecast. The Capital Improvement Program is updated and approved by the City Council annually and encompasses a period of six years. What are Capital Improvements? Capital improvements include streets, buildings, building .improvements, new parks, park expansions/improvements, airport runways, infrastructure improvements, and major, one-time acquisitions of equipment. Projects in the Capital Improvement Program generally cost more than $50,000 and last at least five years. Policies Used in Developing the Capital Improvement Program All capital projects submitted for approval must be justified in terms of how the project supports the achievement of the City's Strategic Priorities. Projects are prioritized and approved based on the relevancy of the project to the City's Strategic Plan and the impact on the end stakeholder(s). 1. The City shall adopt an annual Capital Budget based on the Capital Improvement Program. Future capital improvement expenditures necessitated by changes in population, real estate development, or in economic base will be calculated and included in the capital improvement budget projections. 2. The originating department of the capital improvement project will identify the estimated costs and funding sources for each capital project proposal before it is submitted to the City Council for approval. 3. The City shall make all capital improvements in accordance with an adopted Capital Improvement Program budget. 4. The City will determine and use the most prudent financial methods for acquisition of capital improvement projects based upon market conditions at the time of acquisition. Following is a six-year Capital Improvement Program (C1P) Project Schedule for each requesting department/division. In addition to the projects funded by various revenue sources such as the Local Option Gas Tax, Discretionary Sales Tax, Recreation Impact Fees and Airport Fund, projects to be funded by anticipated grants or though bank notes are also shown. The CIP is intended to be a complete listing of projects needed for replacement or improvement of the City's major equipment, facilities,. roadways, and structures. Although, potential funding has been identified, changes may be made in conjunction with alternative sources as they become available or adjustments become necessary due to reductions in projected revenues. The timing of projects identified may also be altered from year to year to meet changing circumstances. 1 CITY OF SEBASTIAN, FLORIDA FISCAL YEAR 2010-2015 SUMMARY OF CAPITAL IMPROVEMENT PROJECTS n~ List of Projects FY 2009-10 FY 2010-11 FY 2011-12 FY 2012-13 FY 2013-14 FY 2014-15 Total Police Department Police Vehicle Replacement $ 385,000 $ 385,000 $ 385,000 $ 385,000 $ 385,000 $ 385,000 $ 2,310,000 Police Boat and Trailer - - - - 55,000 - 55,000 Parking Lot Expansion - 45,000 - - - - 45,000 Roads and Special Projects Street Repaving 50,000 25,000 50,000 50,000 150,000 150,000 475,000 PowerlineRoadNorth 1,146,250 - - - - - 1,146,250 Schumann & Barber Intersection - - - - 1,500,000 - 1,500,000 Sidewalk/Bike Paths Construction - - 150,000 150,000 150,000 150,000 600,000 Sidewalk Repairs - - - - 50,000 50,000 100,000 512 Median Landscaping - 500,000 - - - - 500,000 Public Works Garage Relocation - - 1,150,000 - - - 1,150,000 Parks & Recreation Barber Street Field Lighting - 275,000 - - - - 275,000 Splash Park Canopy 50,000 - - - - - 50,000 Skate Park Office 50,000 - - - - - 50,000 New Park -Barber/Acorn Terrace - - 50,000 - - - 50,000 New Park -Celtic & Crown - - - 50,000 - - 50,000 Lift Station -Riverview Park - 100,000 - - - - 100,000 Stormwater 1/4 Round Swale Rehab 975,000 350,000 350,000 350,000 350,000 350,000 2,725,000 Road Crossings/Side Yard Pipes - - - 250,000 250,000 250,000 750,000 Dredging Bulkhead Renovations - - - - 100,000 100,000 200,000 Cemetery Sissor Lift Building 50,000 - - - - - 50,000 Relocate South Paved Roadway - 50,000 - - - - 50,000 Golf Course New Clubhouse/Tee Box Improvements - - 2,195,000 - - - 2,195,000 Airport Medium-size "Box Hangers" - - - - - 1,875,000 1,875,000 Master Plan Update - - 300,000 - - - 300,000 Prof.Services R/W 4/22 157,894 - - - - - 157,894 Pro£Services Taxiway C - - - 157,894 - - 157,894 Construct Taxiway C - - - 2,325,000 - - 2,325,000 Install Runway Lighting - - - - 937,500 - 937,500 Rehabilitate Apron - - - - - 500,000 500,000 Riverfront CRA Cavcor Project 750,000 - - - - - 750,000 Underground Utilities - - - - - 3,500,000 3,500,000 Total ~ ~ ~ ~ ~ t ~ ' 2 CITY OF SEBASTIAN, FLORIDA FISCAL YEAR 2010-2015 SUMMARY OF CAPITAL IMPROVEMENT PROJECTS Grouped by Department Police Department Public Works Department Roads and Special Projects Parks & Recreation Stormwater Cemetery Golf Course Riverfront CRA Airport Total by Departments Groused by Function General Government Public Safety Transportation Parks & Recreation Physical Environment Total by Functions FY 2009-10 FY 2010-1 l FY 2011-12 FY 2012-13 FY 2013-14 FY 2014-15 Total $ 385,000 $ 430,000 $ 385,000 $ 385,000 $ 440,000 $ 385,000 $ 2,410,000 1,196,250 525,000 1,350,000 200,000 1,850,000 350,000 5,471,250 100,000 375,000 50,000 50,000 - - 575,000 975,000 350,000 350,000 600,000 700,000 700,000 3,675,000 50,000 50,000 - - - - 100,000 - - 2,195,000 - - - 2,195,000 750,000 - - - - 3,500,000 4,250,000 157,894 - 300,000 2,482,894 937,500 2,375,000 6,253,288 $ 750,000 $ - $ - $ - $ - $ 3,500,000 $ 4,250,000 385,000 430,000 385,000 385,000 440,000 385,000 2,410,000 1,354,144 525,000 1,650,000 2,682,894 2,787,500 2,725,000 11,724,538 100,000 375,000 2,245,000 50,000 - - 2,770,000 1,025,000 400,000 350,000 600,000 700,000 700,000 3,775,000 Grouped by FundinE Source DST $ 1,827,498 $ 1,SSS,000 $ 2,035,000 $ 1,135,000 $ 2,790,000 $ 1,235,000 $ 10,577,498 LOGT 50,000 25,000 50,000 50,000 200,000 200,000 575,000 Recreation Impact Fees 200,000 100,000 50,000 50,000 - - 400,000 Available Construction Funds 928,752 - - - - - 928,752 Airport Operating Revenues 3,946 - 60,000 62,072 23,437 387,500 536,955 Grants 153,948 - 240,000 2,420,822 914,063 1,987,500 5,716,333 Riverfront CRA 400,000 - - - - - 400,000 Cemetery 50,000 50,000 - - - - 100,000 Bank Notes - - 2,195,000 - - 3,500,000 5,695,000 Total Funding Sources 3 CITY OF SEBASTIAN, FLORIDA CAPITAL IMPROVEMENT PROGRAM BY FUNDING SOURCE Local Recreation Available Option Impact Construction Riverfront Cemetery Bank Gas Tax DST Fees Funds Airport Grants CRA Trust Fund Notes Total FISCAL YEAR 2009/2010 Police Department Police Vehicle Replacement ~ sss,ooo S sss,ooo Roads and Special Projects Street Repaving $ 50,000 $ so,ooo Powerline Road North $ 2t~,a9a S 9za,~sz $ t,ta6,zso Parks & Recreation Splash Park Canopy $ so,ooo $ so,ooo Skate Park Office $ so,ooo ~ so,ooo Stormwater 1/4 Round Swale Rehab S 9~s,ooo S 9~s,ooo Cemetery Sissor Lift Building ~ so,ooo ~ so,ooo Airport Rehabilitate R/W 4/22 ~ s,9a6 $ ts3,9as $ ts~s9a Riverfront CRA Cavcor Parking Area $ zso,ooo $ too,ooo $ aoo,ooo ~ ~so,ooo Total FY 2009/2010 ~ ~ 4 CAPITAL IMPROVEMENT PROGRAM BY FUNDING SOURCE Local Recreation Available Option Impact Construction Riverfront Cemetery Bank Gas Tax DST Fees Funds Airport Grants CRA Trust Fund Notes Total FISCAL YEAR 20]0/2011 Police Department Police Vehicle Replacement $ 385,000 $ 385,000 Parking Lot Expansion $ as,ooo $ as,ooo Roads and Special Projects Street Repaving $ 25,000 $ 25,000 512 Median Improvements $ 500,000 $ 500,000 Parks & Recreation Barber Street Field Lighting $ 2~s,ooo $ 2~s,ooo Lift Station -Riverview Park $ ]00,000 $ ]00,000 Stormwater I/4 Round Swale Rehab $ 350,000 $ 3s0,ooo Cemetery Relocate South Paved Roadway $ 50,000 $ 50,000 Total FY 2010/2011 t t t 5 CAPITAL IMPROVEMENT PROGRAM BY FUNDING SOURCE Local Recreation Available Option Impact Construction Riverfront Cemetery Bank Gas Tax DST Fees Funds Air ort Grants CRA Trust Fund Notes Total FISCAL YEAR 2011/2012 Police Department Parl Police Vehicle Replacement ~ 3ss,ooo S 3ss,ooo Roads and Special Projects Street Repaving S so,ooo $ so,ooo Sidewalk Construction ~ tso,ooo $ tso,ooo Public Works Facility ~ t,iso,ooo $ i,iso,ooo Parks & Recreation Barber/Acorn Terrace S 50,000 S so,ooo Stormwater Eng 1/4 Round Swale Rehab S 350,000 ~ sso,ooo Airport Master Plan Update $ 60,000 ~ 2ao,ooo S 300,000 Golf Course Clubhouse/Irrigation/Tee Boxes $ 2,t95,oo0 $ z,t95,oo0 To[al FY 2011/2012 ~ ~ 6 CAPITAL IMPROVEMENT PROGRAM BY FUNDING SOURCE Local Recreation Available Option Impact Construction Riverfront Cemetery Bank Gas Tax DST Fees Funds Airport Grants CRA Trust Fund Notes Total F[SCAL YEAR 2012/2013 Police Department Police Vehicle Replacement $ 385,000 $ 385,000 Roads and Special Projects Street Repaving $ so,ooo $ so,ooo Sidewalk Construction $ 1so,ooo $ 150,000 Parks & Recreation Celtic & Crown $ so,ooo $ 50,000 Stormwater Eng 1/4 Round Swale Rehab $ 350,000 $ 3so,ooo Road Crossing/Side Yard Piping $ 250,000 $ 250,000 Airport ProfeSSlOnal SBrViceS T/W C $ 3,947 $ 153,947 $ 157,894 COtl StI"UCt Taxiway C $ 58,125 $ 2,266,875 $ 2,325,000 Total FY 2012/2013 ~ ~ ~ 7 CAPITAL IMPROVEMENT PROGRAM BY FUNDING SOURCE Local Recreation Available Option Impact Construction Riverfront Cemetery Bank Gas Tax DST Fees Funds Airport Grants CRA Trust Fund Notes Total F[SCAL YEAR 2013/20]4 Police Department Parl POhee Vehicle Replacement $ 385,000 $ 385,000 Police Boat/Trailer E ss,ooo $ ss,ooo Roads and Special Projects Street Repaving S 150,000 $ tso,ooo Schumann & barber Intersection $ tsoo,ooo S tsoo,ooo Sidewalk Construction ~ tso,ooo S 150,000 Sidewalk Repairs ~ so,ooo ~ so,ooo Stormwater 1/4 Round Swale Rehab $ 350,000 S 350,000 Road Crossing/Side Yard Piping S zso,ooo ~ zso,ooo Dredging/Bulkhead Renovation $ too,ooo $ too,ooo Airport Install Runway Lighting $ 23,437 $ 914,063 $ 937,500 l FY 2013/2014 T t ~ o a 8 CAPITAL IMPROVEMENT PROGRAM BY FUNDING SOURCE FISCAL YEAR 2014/2015 Police Department Police Vehicle Replacement Roads and Special Projects Street Repaving Sidewalk Construction Sidewalk Repairs Stormwater Eng 1/4 Round Swale Rehab Road Crossing/Side Yard Piping Dredging/Bulkhead Renovation Airport Medium-size "Box Hangers" Rehabilitate Apron Riverfront CRA Underground Utilities Total FY 2014/2015 Grand Total Local Recreation Available Option Impact Construction Riverfront Cemetery Bank Gas Tax DST Fees Funds Airport Grants CRA Trust Fund Notes $ 385,000 $ 150,000 $ t so,ooo $ so,ooo $ 350,000 $ zso,ooo $ too,ooo $ 375,000 $ Is00,000 $ tzsoo ~ as~soo Total $ 385,000 $ 150,000 $ t so,ooo $ so,ooo $ 350,000 $ 250,000 $ too,ooo $ t,8~s,ooo $ soo,ooo $ 3,500,000 $ 3,500,000 9 CITY OF SEBASTIAN, FLORIDA FISCAL YEAR 2010-2015 SUMMARY OF CAPITAL IMPROVEMENT PROJECTS POLICE DEPARTMENT Project Name FY 2009-10 FY 2010-11 FY 2011-12 FY 2012-13 FY 2013-14 FY 2014-15 Total Police Vehicle Replacement $ 385,000 $ 385,000 $ 385,000 $ 385,000 $ 385,000 $ 385,000 $2,310,000 Police Boat and Trailer - - - - 55,000 - 55,000 Parking Lot Expansion - 45,000 - - - - 45,000 Department Total 10 CITY OF SEBASTIAN, FLORIDA FISCAL YEAR 2010-2015 CAPITAL IMPROVEMENT PROJECT DETAIL POLICE DEPARTMENT Project Name: Funding Source• Justification: Police Patrol Vehicles Project Descri tion: Discretionary Sales Taxes 5 year vehicle replacement plan and additional°new vehicles for added positions. 09/10 replace 10 high mileage, high maintenance vehicles from'2005. 10/11 replace 10 high mileage, high maintenance vehicles from 2006. 11!1.2 replace 10 high mileage, high maintenance vehicles from2007 & 2008. 12/13 replace 10 high mileage, high maintenance vehicles from 2008 &2009. 13/14 replace IO high mileage,liigh maintenance vehicles from ?009 & 2010. 14/15 replace 10 high mileage, high maintenance vehicles from 2010 & 2011. Project Costs: FY 09-10 $385,000 Operating Impact: $0 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 $385,000 $385,000 $385',000. $38'.5,000. $385,000 $0 $0 $0 $0 $0 Project Total $2,310,000 $0 Project Name: Funding Source: Police Boat and Trailer '' ''" Project Descri tion: Discretionary Sales Taxes Police boat and trailer replacement Justification: FY 13/14 -replace 10 year old police patrol boat, high hours and high maintenance from 2003: Project Costs: Project FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $0 $0 $0 $0 $55,000 $0 $55,000 Operating Impact: $0 $0 $0 $0 -$5,000. $0 -$5,000 Project Name: Funding Source: Parkin Lot Ex ansion Project Descri tion: Discretiona Sales Taxes Provide-Parkin Behind the Police Station.- Justification: This wi1iadd about elevens aces and extend out from the current arkin~ area b about thi feet. Project Costs: Project FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $0 $45,000 $0 $0-- $0 $0 $45,000 Operating Impact: $0 $0 $0 $0 $0 $0' $0 11 CITY OF SEBASTIAN, FLORIDA FISCAL YEAR 2010-2015 SUMMARY OF CAPITAL IMPROVEMENT PROJECTS PUBLIC WORKS DEPARTMENT Project Name Street Repaving Powerline Road North Schumann & Barber Intersection SidewalkBike Paths Construction Sidewalk Repairs 512 Median Landscaping Public Works Garage Relocation Division Total FY 2009-10 FY 2010-11 FY 2011-12 FY 2012-1? FY 2013-14 FY 2014-15 Total $ 50,000 $ 25,000 $ 50,000 $ 50,000 $ 150,000 $ 150,000 $ 475,000 1,146,250 - - - - - 1,146,250 1,500,000 1,500,000 - - 150,000 150,000 150,000 150,000 600,000 - - - - 50,000 50,000 100,000 - 500,000 500,000 - - 1,150,000 - - - 1,150,000 •. 1 111 1 111 '~ 11 111 ~ ~ 1 111 1 111 ~ ~ 1 Barber Street Field Lighting $ - $275,000 $ - $ - $ - $ - $ 275,000 Splash Park Canopy 50,000 - - - - - 50,000 Skate Park Office 50,000 - - - - - 50,000 New Park -Barber/Acorn Terrace - - 50,000 - - - 50,000 New Park -Celtic & Crown - - - 50,000 - - 50,000 Lift Station -Riverview Park - 100,000 - - - - 100,000 Division Total 1/4 Round Swale Rehab $ 975,000 $350,000 $ 350,000 $350,000 $ 350,000 $ 350,000 $ 2,725,000 Road Crossings/Side Yard Pipes - - - 250,000 250,000 250,000 750,000 Dredging Bulkhead Renovations - - - - 100,000 100,000 200,000 Division Total ' 111 1 111 1 111 '~ • 11 111 '~ 11 111 11 111 • 111 Scissor Lift Building $ 50,000 $ - $ - $ - $ - $ - $ 50,000 Relocate South Paved Roadway - 50,000 - - - - 50,000 Division Total 12 CITY OF SEBASTIAN, FLORIDA FISCAL YEAR 2010-2015 CAPITAL IMPROVEMENT PROJECT DETAIL PUBLIC WORKS DEPARTMENT Project Name: Funding Source: Justification: Street Re avin Project Descri tion: Local Option Gas Tax Rehabilitation and repaving of failing road base and roads This project is necessary to keep the streets in good condition and safe to the residents. There are several which should be done right away due to failing road base, ie: Periwinkle Drive, Laconia Street, Main Street, also all the side streets between Indian River Drive and US #1 should be taken care of as soon as possible. Project Costs: Project FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $50,000 $25,000 $50,000 $50,000 $150,000 $150,000 $475,000 Operating Impact: $0 $0 $0 $0 $0 $0 $0 Project Name: Powerline Road North Project Descri tion: Funding Source: $166,014 Developer Escrow Design and construction of the extension of Powerline Road from $330,022 CIP Fund 320 Main Street to Sebastian Blvd. $432,716 CIP Fund 330 $217,498 Discretionary Sales Justification: This ~a~ill allow another nortlL~south access road through the city. Project Costs: Project FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $1,146,250 $0 $0 $0 $0 $0 $1,146,250 Operating Impact: $0 $0 $0 $0 $0 $0 $0 Project Name: Funding Source: Justification: These funds were budgeted in FY 08-09 but are being reallocated to FY 13-14. Project Costs: Project FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $0 $0 $0 $0 $1,500,000 $0 $1,500,000 Operating Impact: $0 $0 $0 $0 $0 $0 $0 Project Name: Funding Source: Justification: This ro'ect focuses on allowin residents to walk offroad to avoid accidents. Project Costs: Project FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $0 $0 $150,000 $150,000 $150,000 $150,000 $600,000 Operating Impact: $0 $0 $0 $0 $0 $0 $0 Schumann & Barber Intersection Project Descri tion: Discretiona Sales Taxes Im rovements to Intersection. Sidewalk bike aths construction Project Descri tion: Discretiona Sales Taxes Installation of new sidewalks throu hout the ci 13 CITY OF SEBASTIAN, FLORIDA FISCAL YEAR 2010-2015 CAPITAL IMPROVEMENT PROJECT DETAIL PUBLIC WORKS DEPARTMENT Project Name: Funding Source: Sidewalk Re airs Project Descri tion: Normally LOGT, these repairs Removal/repair of broken or cracked sidewalks throughout City. will need to charged to the Public Works Operating Budget, until the Paving Note is paid off. Justification: Tlus ~ro~ect is necessary for the safety and ~~~ell being of the residents to a~~oid tri sand falls on broken Project Costs: Project FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $0 $0 $0 $0 $50,000 $50,000 $100,000 Operating Impact: $0 $0 $0 $0 $0 $0 $0 Project Name: Funding Source: 512 Median Landsca in Project Descri tion: Discretionary Sales Taxes Improvements to improve the appearance of this major entryway to the Ci Irri ation and landsca in will be added. Justification: This ~ro'ect is desirable to enhance the view of those entering the City. Project Costs: Project FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $0 $0 $500,000 $0 $0 $0 $500,000 Operating Impact: $0 $0 $0 $0 $0 $0 $0 Project Name: Funding Source: Justification: This is necessaryin order to enhance the view of those entering the City. Project Costs: Project FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $0 $0 $1,150,000 $0 $0 $0 $1,150,000 Operating Impact: $0 $0 $0 $0 $0 $0 $0 Project Name: Funding Source: Justification: Public Works Facili Project Descri tion: Discretiona Sales Taxes Relocate the Public Works ara e and vehicle stora e area. Barber Street Field Li htin Project Descri tion: Discretiona Sales Taxes Remove and re lace out li hts with new These are the oldest lights in the city and need to be replaced «~ith new to alliviate some of the maintenance costs. Project Costs: Project FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $0 $275,000 $0 $0 $0 $0 $275,000 Operating Impact: $0 $0 $0 $0 $0 $0 $0 14 CITY OF SEBASTIAN, FLORIDA FISCAL YEAR 2010-2015 CAPITAL IMPROVEMENT PROJECT DETAIL Project Name: Funding Source: S lash Park Cano Project Descri tion: Recreation Impact Fees Install a canopy at the Splash Park. Justification: This covering will provide shade for the customers. Project Costs: Project FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $50,000 $0 $0 $0 $0 $0 $50,000 Operating Impact: $0 $0 $0 $0 $0 $0 $0 Project Name: Funding Source: Skate Park Office Project Descri tion: Recreation Impact Fees Construct on office facility at the Skate Park. Justification: This will improve operations at this facility and provide better working conditions. Project Costs: Project FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $50,000 $0 $0 $0 $0 $0 $50,000 Operating Impact: $0 $0 $0 $0 $0 $0 $0 Project Name: Funding Source: Justification: New Parks Project Descri tion: Recreation Impact Fees Installation of new neighborhood parks: Barber/Acorn, Zone D and Celtic/Crown, Zone D. This project continues allowing neighborhood parks in areas throughout the City. 11-12 Barber/Acorn is ro osed 12-13 -Celtic and Crown is ro osed Project Costs: FY 09-10 $0 Operating Impact: $0 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 $0 $50,000 $50,000 $0 $0 Project Total $100,000 $0 $0 $0 $0 $0 $0 Project Name: Funding Source: Justification Project Costs: FY 09-10 $0 Operating Impact: $0 Lift Station Riverview Park Project Descri tion: Eliminate the se tic tank b installin a lift station for the bathrooms To a r~rade the system and eliminate the need to um the se tic e~~erv tune there is an e~°ent. Project FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $100,000 $0 $0 $0 $0 $100,000 $0 $0 $0 $0 $0 $0 15 CITY OF SEBASTIAN, FLORIDA FISCAL YEAR 2010-2015 CAPITAL IMPROVEMENT PROJECT DETAIL PUBLIC WORKS DEPARTMENT Project Name: Funding Source: 1/4 Round Project Descri tion: Discretionary Sales Taxes Installation of 1/4 Round throughout the City. Justification: To continue the program of updating the drainage throughout the City. Project Costs: Project FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $975,000 $350,000 $350,000 $350,000 $350,000 $350,000 $2,725,000 Operating Impact: $0 $0 $0 $0 $0 $0 $0 Project Name: Funding Source: Justification: Road Crossin s/Side Yard Pi es Project Descri tion: Discretionary Sales Taxes Installing new pipes in side yard ditches as quarter round is installed and replacing failing road crossing pipes all through the City. This project will help major flooding throghout the City by replacing failing pipes under the roads and also save on maintenance by the mowing contractor by eliminating the side ditches to be maintained. Project Costs: Project FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $0 $0 $0 $250,000 $250,000 $250,000 $750,000 Operating Impact: $0 $0 $0 $0 $0 $0 $0 Project Name: Dred in /Bulkhead Renovation Project Descri tion: Funding Source: Discretionary Sales Taxes This is for necessary dredging and bulkhead renovations to approximately 8 miles of canals that are located south of County Road 512. Justification: This work will need to be done sometime in the future. Project Costs: Project FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $0 $0 $0 $0 $100,000 $100,000 $200,000 Operating Impact: $0 $0 $0 $0 $0 $0 $0 16 CITY OF SEBASTIAN, FLORIDA FISCAL YEAR 2010-2015 CAPITAL IMPROVEMENT PROJECT DETAIL PUBLIC WORKS DEPARTMENT Project Name: Funding Source: Justification: Scissor Lift Buildin Project Descri tion: Cemete Trust Fund This will rovide a buildin to store the scissor lift unit. This is necessary to protect and store the scissor lift and keep its electrical components dry and out o the weather. Project Costs: FY 09-10 FY 10-11 FY 11-12 $50,000 $0 $0 Operating Impact: $0 $0 $0 Project FY 12-13 FY 13-14 FY 14-15 Total $0 $0 $0 $50,000 $0 $0 $0 $0 Project Name: Funding Source: Justification: This is necessa because the existin roadwa oes over raves aces. Project Costs: Project FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $0 $50,000 $0 $0 $0 $0 $50,000 Operating Impact: $0 $0 $0 $0 $0 $0 $0 Redo South Paved Roadwa Project Descri tion: Cemete Trust Fund The roadwa will be relocated. 17 CITY OF SEBASTIAN, FLORIDA FISCAL YEAR 2010-2015 SUMMARY OF CAPITAL IMPROVEMENT PROJECTS GOLF COURSE Project Name FY 2009-10 FY 2010-ll FY 2011-12 FY 2012-13 FY 2013-14 FY 2014-15 Total New Clubhouse $ - $ - $ 2,195,000 $ - $ - $ - $ 2,195,000 Department Total ' 111 ' 111 18 CITY OF SEBASTIAN, FLORIDA FISCAL YEAR 2010-2015 CAPITAL IMPROVEMENT PROJECT DETAIL GOLF COURSE Project Name: Funding Source: Justification: New Club House Project Description: This will be funded with a 12 year The estimated amount of $2,195,000 includes engineering plans, debt issue at an expected rate o removal of existing building, the temporary facility, and all aspects o 3.5%. new construction. Construction estimate includes $470,000 for irrigation improvements and $200,000 for work on tee boxes. $100,000 will be used to relocate Green #9 and #18. $175,000 for design is also included in the total estimated project costs. The cost of renovating existing golf shop, offices and restrooms and adding additional 1600 square to the existing building is not cost effective due to several reasons including plumbing and elect issues, frame construction and evidence of termites and air conditioning issues. Project Costs: FY 09-10 $0 Operating Impact: $0 FY 10-11 FY 11-12 FY 12-13 $0 $2,195,000 $0 $0 $0 $0 Project FY 13-14 FY 14-15 Total $0 $0 $2,195,000 $0 $0 $0 19 CITY OF SEBASTIAN, FLORIDA FISCAL YEAR 2010-2015! SUMMARY OF CAPITAL IMPROVEMENT PROJECTS AIRPORT Project Name FY 2009-10 FY 2010-11 FY 2011-12 FY 2012-13 FY 2013-14 FY 2014-15 Total Medium-size "Box Hangers" $ - $ - $ - $ - $ - $1,875,000 $1,875,000 Master Plan Update - - 300,000 - - - 300,000 Pro£Services R/W 4/22 157,894 - - - - - 157,894 Prof.Services Taxiway C - - - 157,894 - - 157,894 Construct Taxiway C - - - 2,325,000 - - 2,325,000 Install Runway Lighting - - - - 937,500 - 937,500 Rehabilitate Apron - - - - - 500,000 500,000 I~ - ~ . .. $ 157,894 $ - $ 300,000 $2,482,894 $ 937,500 $2,375,000 $6 20 CITY OF SEBASTIAN, FLORIDA FISCAL YEAR 2010-2015 CAPITAL IMPROVEMENT PROJECT DETAIL AIRPORT Project Name: Funding Source: Justification: Project Costs: FY 09-10 $0 Operating Impact: $0 Box Han ers Project Descri tion: FDOT $1,500,000 City $375,000 Build ""box"" hangers Medium-size ""Box"" needed for anticipated. growth Project FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $0 $0 $0 $0 $1,875,000 $1,875,000 $0 $0 $0 $0 $375,000 $375,000 Project Name: Funding Source: Justification: Master Plan U date Project Descri tion: FDOT $240,000 City $60,000 Conduct Airport Master Plan Study dumerous economic development and infrastructure requirements need future planning fc .~stification Project Costs: Project FY 09-10 FY 10-1 I FY 11-12 FY 12-13 FY 13-14 FY 14-IS Total $0 $0 $300,000 $0 $0 $0 $300,000 Operating Impact: $0 $0 $60,000 $0 $0 $0 $60,000 Project Name: R/W 4/22 Im rovements Project Descri tion: Funding Source: FDOT $3,947 Runway 4/22 rehabilitation of lights and markings. City $3,946 FAA $150,000 Justification: Runwa 4/22 has non-standard li htin and markin s. Project Costs: Project FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-IS Total $157,894 $0 $0 $0 $0 $0 $157,894 Operating Impact: $3,946 $0 $0 $0 $0 $0 $3,946 21 CITY OF SEBASTIAN, FLORIDA FISCAL YEAR 2010-2015 CAPITAL IMPROVEMENT PROJECT DETAIL AIRPORT Project Name: Funding Source: Justification: Taxiwa C Desi n Project Descri tion: FDOT $3,947 Perform feasibility, design, and engineering services for the City $3,947 construction of Taxiway C. FAA $150,000 At present, there is no parallel taxiway to Primary Runway 4-22. Aircraft taxing to the Terminal and fuel facility currently have to cross the intersection of RWYS 8-26 and 4-22, then cross the threshold of 8 again, in order to taxi to Primary Runway 4. Not only is this the Primary Runway, it also has the most favored winds at over 97%. The act of crossing 3 active runways just to get to the primary can be a significant safety hazard, promoting unnecessary runway incursions. The addition of a full- length parallel taxiway to Primary Runway 4-22 will eliminate this safety concern and improve Project Costs: Project FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $0 $0 $0 $157,894 $0 $0 $157,894 Operating Impact: $0 $0 $0 $3,947 $0 $0 $3,946 Project Name: Funding Source: Justification: Taxiwa C Construction Project Descri tion: FDOT $58,125 Construct arallel Taxiwa C to rima RWY 4-22 Primary Runway 4-22 needs to have afull-length parallel taxiway in order to eliminate the need to ""back taxi"" on any portion of the runway. Additionally, Taxiway C will aid in obtaining an instrument approach procedure for Runway 4-22. Project Costs: Project FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $0 $0 $0 $2,325,000 $0 $0 $2,235,000 Operating Impact: $0 $0 $0 $58,125 $0 $0 $58,125 Project Name: Funding Source: Justification: Install Runwa Li htin [not Project Descri tion: FDOT $23,438 Install u dated runwa li htin and REIL for RW 4/22. Install REILs installation will bring the runway into compliance and enhance safety. REIL installation on RW 8/26 will enhance safety during marginal visibility conditions. Taxiway/taxilane lighting is necessary for safety improvement. Project Costs: Project FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $0 $0 $0 $0 $937,500 $0 $937,500 Operating Impact: $0 $0 $0 $0 $23,437 $0 $23,437 22 CITY OF SEBASTIAN, FLORIDA FISCAL YEAR 2010-2015 CAPITAL IMPROVEMENT PROJECT DETAIL AIRPORT Project Name: Funding Source: Justification Rehabilitate A ron Project Descri tion: FDOT $12,500 Apron F rehabilitation City $12,500 FAA $475,000 Apron F is the former southeast section of closed runway 13/31. Its surface is the original 1943 asphalt when the airport was constructed. Its surface is loose, thin, uneven, and unsafe to aircraft. Project Costs: FY 09-10 FY 10-11 $0 $0 Operating Impact: $0 $0 Project FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $0 $0 $0 $500,000 $500,000 $0 $0 $0 $12,500 $12,500 23 CITY OF SEBASTIAN, FLORIDA FISCAL YEAR 2010-2015 SUMMARY OF CAPITAL IMPROVEMENT PROJECTS RIVERFRONT COMMUNITY REDEVELOPMENT AGENCY Project Name FY 2009-10 FY 2010-11 FY 2011-12 FY 2012-13 FY 2013-14 FY 2014-15 Total Cavcor Project $ 750,000 $ - $ - $ - $ - $ - $ 750,000 Underground Utilities - - - - - 3,500,000 3,500,000 ~ - ~ . ~ . $ 750,000 $ - $ - $ - $ - $3,500,000 $ 4,250,000 24 CITY OF SEBASTIAN, FLORIDA FISCAL YEAR 2010-2015 CAPITAL IMPROVEMENT PROJECT REQUEST AND JUSTIFICATION FORM RIVERFRONT COMMUNITY REDEVELOPMENT AGENCY Project Name: Funding Source: Justification: Cav Co Parkin renovation Project Descri tion: CRA Funds $400,000 Surface the parking lot (i.e. asphalt or permeable surface), Discretionary Sales Tax $250,000 landscaping, more defined drive aisles and ingress/egress, etc. Recreation Impact Fees $100,000 Public parking is identified in the CRA Master Plan as part of critical infrastructure improvements within the Riverfront district. This project would encompass a complete renovation of the parking area knows as Cav Corp, just east of the Hess gas station. This lot is currently undezuntilized by haphazard boatitrailer parking and could be. better utilized. By surfacing the lot, defining parking spaces, adding landscaping, this lot Mould become an amenity to Ri~~erfront visitors as ~~°ell as local businesses. Project Costs: Project FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $750,000 $0 $0 $0 $0 $0 $750,000 Operating Impact: $0 $0 $0 $0 $0 $0 $0 Project Name: Under round Utilities Project Descri tion: Funding Source: This project will be funded with a Within the Riverfront District, bury utilities (electric, phone, cable) bank note. The bank note is underground. anticipated to be issued for 15 years at a rate of about 3.9%. Justification: In the CRA Master Plan, urban design recommendations for the Riverfront district include placing all utilities underground. This would greatly increase the aesthetics of the Riverfront district and would be the first phase of a streetscaping program. Once the utilities are underground, the City can place hardscape amenties including benches and landscaping (i.e. street trees, planters, etc). Project Costs: Project FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Total $0 $0 $0 $0 $0 $3,500,000 $3,500,000 Operating Impact: $0 $0 $0 $0 $0 $0 $0 25 LOCAL OPTION GAS REVENUE FISCAL YEARS 2010-2015 Local Option Gas Taxes FDOT Lighting Agreement Investment Income Local Option Gas Tax Fund Revenues Debt Payment Operating Costs (Street Lights,etc.) Transfer to General Fund Barber Street R/R Crossing TOTAL Debt Payment Operating Costs (Street Lights,etc.) Transfer to General Fund Reduction to General Fund Transfer Addition for Go-Line Grant Match Street Repaving TOTAL Debt Payment Operating Costs (Street Lights,etc.) Transfer to General Fund Reduction to General Fund Transfer Addition for Go-Line Grant Match Street Repaving TOTAL Debt Payment Operating Costs (Street Lights,etc.) Transfer to General Fund Reduction to General Fund Transfer Street Repaving TOTAL Debt Payment Operating Costs (Street Lights etc.) Transfer to General Fund Reduction to General Fund Transfer Street Repaving TOTAL Operating Costs (Street Lights) Transfer to General Fund Street Repaving Sidewalk Repairs TOTAL Operating Costs (Street Lights) Transfer to General Fund Street Repaving Sidewalk Repairs TOTAL FY 08-09 FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 $ 660,000 $ 676,500 $ 693,413 $ 710,748 $ 728,517 $ 746,729 $ 765,398 $ 4,981,304 19,047 19,523 20,011 20,512 21,024 21,550 22,089 143,756 7,000 7,135 5,420 4,728 5,094 5,307 8,371 43,056 $ 686,047 $ 703,158 $ 718,844 $ 735,987 $ 754,635 $ 773,587 $ 795,858 $ 5,168,116 300,000 207,434 215,784 34,216 757,434 300,000 205,000 250,000 (75,000) 50,000 50,000 780,000 300,000 205,000 250,000 (75,000) 50,000 25,000 755,000 300,000 205,000 250,000 (75,000) 50,000 730,000 300,000 (Final) 205,000 250,000 (50,000) 50,000 755,000 210,125 250,000 150,000 50,000 660,125 215,378 250,000 150,000 50,000 665,378 BEGINNING FUND BALANCE $ 226,792 $ 155,405 $ 78,563 $ 42,407 $ 48,395 $ 48,030 $ 161,491 $ 226,792 BUDGET REQUIREMENT - 15% OF EXPENSES 36,248 45,750 42,000 38,250 38,250 61,519 62,307 62,307 UNRESTRICTED RESERVE BALANCE $ 190,545 $ 109,655 $ 36,563 $ 4,157 $ 10,145 $ (13,489) $ 99,184 $ 164,485 TOTAL REVENUES 686,047 703,158 718,844 735,987 754,635 773,587 795,858 5,168,116 TOTAL EXPENDITURES+DEBT+TRANSFERS 757,434 780,000 755,000 730,000 755,000 660,125 665,378 5,102,937 ENDING FUND BALANCE $ 119,158 $ 32,813 $ 407 $ 10,145 $ 9,780 $ 99,972 $ 229,664 $ 229,664 26 DISCRETIONARY SALES TAX FUND (DST) FISC AL YEARS 2010-2015 FY 08-09 FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Totals DST Revenue $ 2,400,000 $ 2,460,000 $ 2,521,500 $ 2,584,538 $ 2,649,151 $ 2,715,380 $ 2,783,264 $ 18,113,832 Interest from Airport Advance 8,550 8,550 8,550 8,550 8,550 11,400 11,376 65,526 Principal from Airport Advance 0 0 0 0 0 600 .624 1,224 Investment Income 34,000 79,395 72,852 73,969 64,709 79,307 55,000 459,232 DST PROJECT REVENUE $ 2,442,550 $ 2,547,945 $ 2,602,902 $ 2,667,057 $ 2,722,410 $ 2,806,686 $ 2,850,264 $ 18,639,814 City Hall Debt (Retires 2018) 1,032,957 Police Cars (10 Change-Outs) 385,000 Potomac Road Crossing 125,000 Barber/Schumann Intersection Improvements 0 1/4 Round Swale Improvement 350,000 TOTAL FY 09 1,892,957 City Hall Debt (Retires 2018) 1,034,894 Police Cars (10 Change-Outs) 385,000 Powerline Road -North ' 217,498 Cavcor Parking Area 250,000 Barber/Schumann Intersection Improvements 0 Public Works Garage Relocation 0 1/4 Round Swale Improvement 975,000 TOTAL FY 10 2,862,392 City Hall Debt (Retires 2018) 1,030,681 Police Cars (10 Change-Outs) 385,000 Police Parking Lot Expansion 45,000 512 Median Landscaping 500,000 Barber Street Sports Complex -Lights 275,000 1/4 Round Swale Improvement 350,000 TOTAL FY 11 2,585,681 City Hall Debt (Retires 2018) 1,034,526 Police Cars (10 Change-Outs) 385,000 Public Works Garage Relocation 1,150,000 1/4 Round Swale Improvement 350,000 Sidewalk Construction 150,000 TOTAL FY 12 3,069,526 City Hall Debt (Retires 2018) 1,031,192 Police Cars (10 Change-Outs) 385,000 1/4 Round Swale Improvement 350,000 Sidewalk Construction 150,000 Road Crossing and Side Yard Piping 250,000 TOTAL FY 13 2,166,192 City Hall Debt (Retires 2018) 1,031,106 Police Cars (10 Change-Outs) 385,000 Police Boat 55,000 Barber Schumann Intersection 1,500,000 Dredging/Bulkhead Renovations 100,000 1/4 Round Swale Improvement 350,000 Sidewalk Construction 150,000 Road Crossing and Side Yard Piping 250,000 TOTAL FY 14 3,821,106 City Hall Debt (Retires 2018) 1,033,831 Police Cars (10 Change-Outs) 385,000 Dredging/Bulkhead Renovations 100,000 1/4 Round Swale Improvement 350,000 Sidewalk Construction 150,000 Road Crossing and Side Yard Piping 250,000 TOTAL FY 15 2,268,831 BEGINNING FUND BALANCE $ 1,404,945 $ 1,954,538 $ 1,640,091 $ 1,657,312 $ 1,254,842 $ 1,811,061 $ 796,641 $ 1,404,945 BUDGET RESERVE - 10% OF EXPENSES 189,296 286,239 258,568 306,953 216,619 382,111 226,883 226,883 RESERVE FOR ADVANCE TO AIRPORT 285,000 285,000 285,000 285,000 285,000 284,400 283,776 283,776 UNRESTRICTED RESERVE BALANCE $ 930,649 $ 1,383,299 $ 1,096,523 $ 1,065,359 $ 753,223 $ 1,144,550 $ 285,982 $ 1,178,062 TOTAL REVENUES 2,442,550 2,547,945 2,602,902 2,667,057 2,722,410 2,806,686 2,850,264 18,639,814 TOTAL EXPENDITURES+DEBT+TRANSFERS 1,892,957 2,862,392 2,585,681 3,069,526 2,166,192 3,821,106 2,268,831 18,666,685 ENDING FUND BALANCE $ 1,480,242 $ 1,068,852 $ 1,113,744 $ 662,890 $ 1,309,441 $ 130,130 $ 867,415 $ 1,151,191 * Powerline Road Total = $1,146,250 ($166,014 Developer Escrow, $330,022 CIP Fund 320, $432,717 CIP Fund 330 and above $217,498 DST Transfer.) 27 STORMWATER UTILITY FUND FISCAL YEARS 2010-2015 Stormwater Fees Investment Income SW PROJECTED REVENUE Professional Services NPDES 5 Year Permit Series 2003 Issue (Retires 2022) Transfer to General Fund for Swale Maintenance Collier Creek Project TOTAL STORMWATER FY09 Profesional Services Series 2003 Issue (Retires 2022) Transfer to General Fund for Swale Maintenance TOTAL STORMWATER FY10 Profesional Services Series 2003 Issue (Retires 2022) Transfer to General Fund for Swale Maintenance TOTAL STORMWATER FY11 Profesional Services Series 2003 Issue (Retires 2022) Transfer to General Fund for Swale Maintenance TOTAL STORMWATER FY12 Profesional Services Series 2003 Issue (Retires 2022) Transfer to General Fund for Swale Maintenance TOTAL STORMWATER FY13 Profesional Services NPDES 5 Year Permit Series 2003 Issue (Retires 2022) Transfer to General Fund for Swale Maintenance TOTAL STORMWATER FY14 Profesional Services Series 2003 Issue (Retires 2022) Transfer to General Fund for Swale Maintenance TOTAL STORMWATER FY15 FY 08-09 FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 TOTALS $ 850,000 $ 850,000 $ 850,000 $ 850,000 $ 850,000 $ 850,000 $ 850,000 $ 5,950,000 25,000 27,344 25,868 25,517 25,167 24,838 24,217 177,951 875,000 877,344 875,868 875,517 875,167 874,838 874,217 6,127,951 100 7,998 440,135 512,500 590,000 1, 550,733 100 437,485 500,000 937,585 100 439,035 450,000 889,135 100 439,248 450,000 889,348 100 438,048 450,000 888,148 100 7,998 441,448 450,000 899,546 100 440,010 450,000 890,110 BEGINNING FUND BALANCE $ 1,012,003 $ 336,270 $ 276,029 $ 262,762 $ 248,931 $ 235,950 $ 211,243 $ 1,012,003 BUDGET RESERVE - 15% OF EXPENSES 232,610 140,638 133,370 133,402 133,222 134,932 133,517 133,517 UNRESTRICTED RESERVE BALANCE 779,393 195,632 142,659 129,360 115,709 101,019 77,726 878,487 ANNUAL REVENUES 875,000 877,344 875,868 875,517 875,167 874,838 874,217 6,127,951 ANNUAL EXPENDITURES 1,550,733 937,585 889,135 889,348 888,148 899,546 890,110 6,944,605 ENDING FUND BALANCE $ 103,660 $ 135,392 $ 129,392 $ 115,529 $ 102,728 $ 76,311 $ 61,833 $ 61,833 28 RECREATION IMPACT FEE FUNDS FISCAL YEARS 2010-2015 FY 08-09 FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Totals Recreation Impact Fees $ 33,000 $ 33,000 $ 33,000 $ 33,000 $ 33,000 $ 33,000 $ 33,000 $ 231,000 Return from Main Street Project Transfer 233,821 - - - - - - 233,821 Investment Income 38,000 28,143 24,671 23,613 25,029 25,229 25,435 190,120 PROJECTED REVENUE $ 304,821 $ 61,143 $ 57,671 $ 56,613 $ 58,029 $ 58,229 $ 58,435 $ 654,941 Dog Park (Additional) Stormwater Park Schumann Park TOTAL FY 09 Cavcor Parking Area Riverview Park Pavillion Riverview Park Splash Park Canopy TOTAL FY 10 Lift Station -Riverview Park TOTAL FY 11 TOTAL FY 12 Barber/Acorn Park TOTAL FY 13 Celtic/Crown Park TOTAL FY 14 TOTAL FY 15 SEVEN YEAR PROJECTION Beginning FY08-09 Fund Balance Total Revenue (FY09 - FY15) Total Expenses (FY09 - FY15) PROJECTED FUND BALANCE FY 15 BEGINNING FUND BALANCE TOTAL REVENUES EXPENDITURES+DEBT+TRANSFERS ENDING FUND BALANCE 38,000 16,000 175,000 229,000 100,000 50,000 50,000 200,000 100,000 100,000 0 50,000 50,000 50,000 50,000 0 FIVE YEAR PROJECTION 1,033,393 Beginning FY10-11 Fund Balance 970,357 654,941 Total Revenue (FY11 - FY15) 288,977 629,000 Total Expenses (FY11 - FY15) 200,000 1,059,334 PROJECTED FUND BALANCE FY 15 1,059,334 $1,033,393 $1,109,214 $ 970,357 $ 928,028 $ 984,641 $ 992,670 $ 1,000,899 $ 1,033,393 304,821 61,143 57,671 56,613 58,029 58,229 58,435 654,941 229,000 200,000 100,000 0 50,000 50,000 0 629,000 $1,109,214 $ 970,357 $ 928,028 $ 984,641 $ 992,670 $ 1,000,899 $ 1,059,334 $ 1,059,334 29 RIVERFRONT CRA FUND FISCAL YEARS 2010-2015 FY 08-09 FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 TOTALS Tax Increment from City $ 273,888 $ 228,326 $ 236,317 $ 244,589 $ 253,149 $ 262,009 $ 271,180 $ 1,769,458 Tax Increment from County 251,236 209,442 216,772 224,360 232,212 240,340 248,751 1,623,113 Bank Note - - - - - - 3,500,000 3,500,000 Return from Main Street Project Transfer 670,435 - - - - - - 670,435 Investment Income 2,200 2,767 5,790 4,335 6,083 7,933 9,889 38,997 SW PROJECTED REVENUE 1,197,759 440,535 458,880 473,283 491,444 510,282 4,029,820 7,602,003 Operating Expenditures 94,421 Fagade/Sign Improvement Program 30,000 Bill Board Advertising 40,000 Transfer to General Fund for Quality Maintenance 60,000 Match on Waterfront Grant 351,500 TOTAL RIVERFRONT CRA FY09 575,921 Operating Expenditures 75,402 Fagade/Sign Improvement Program 30,000 Bill Board Advertising 40,000 Transfer to General Fund for Quality Maintenance 60,000 Cavcor Parking Area 400,000 TOTAL RIVERFRONT CRA FY10 605,402 Operating Expenditures 77,664 Fagade/Sign Improvement Program 30,000 Bill Board Advertising 40,000 Transfer to General Fund for Quality Maintenance 60,000 Cavcor Parking Area 500,000 Undergrounding Utilities - TOTAL RIVERFRONT CRA FY11 707,664 Operating Expenditures 79,994 Fagade/Sign Improvement Program 30,000 Bill Board Advertising 40,000 Transfer to General Fund for Quality Maintenance 60,000 Bank Note Payment - TOTAL RIVERFRONT CRA FY12 209,994 Operating Expenditures 82,394 Fagade/Sign Improvement Program 30,000 Bill Board Advertising 40,000 Transfer to General Fund for Quality Maintenance 60,000 Bank Note Payment - TOTAL RIVERFRONT CRA FY13 212,394 Operating Expenditures 84,866 Fagade/Sign Improvement Program 30,000 Bill Board Advertising 40,000 Transfer to General Fund for Quality Maintenance 60,000 Bank Note Payment - TOTAL RIVERFRONT CRA FY14 214,866 Operating Expenditures 87,412 Fagade/Sign Improvement Program 30,000 Bill Board Advertising 40,000 Transfer to General Fund for Quality Maintenance 60,000 Undergrounding Utilities 3,000,000 Bank Note Payment 308,568 TOTAL RIVERFRONT CRA FY15 3,525,980 BEGINNING FUND BALANCE $ 16,404 $ 638,242 $ 473,375 $ 224,591 $ 487,880 $ 766,930 $ 1,062,346 $ 16,404 ANNUAL REVENUES 1,197,759 440,535 458,880 473,283 491,444 510,282 4,029,820 7,602,003 ANNUAL EXPENDITURES 575,921 605,402 707,664 209,994 212,394 214,866 3,525,980 6,052,221 ENDING FUND BALANCE $ 638,242 $ 473,375 $ 224,591 $ 487,880 $ 766,930 $ 1,062,346 $ 1,566,186 $ 1,566,186 30 GOLF COURSE FUND FISCAL YEARS 2010-2015 FY 08-09 FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Totals Charges for Services $1,422,290 $1,483,200 $1,522,200 $1,522,200 $1,522,200 $1,522,200 $1,522,200 $10,516,490 Rents 31,500 32,000 32,800 33,620 34,461 35,322 36,205 235,908 Other Revenue 5,960 6,660 6,660 6,660 6,660 6,660 6,660 45,920 Note Proceeds - - - 2,550,000 - - - 2,550,000 Investment Income 5,243 4,200 21,937 58,934 35,913 35,537 36,174 197,937 PROJECTED REVENUE $1,464,993 $1,526,060 $1,583,597 $4,171,414 $1,599,233 $1,599,719 $1,601,239 $13,546,255 Operating Costs 1,355,482 Debt Service 314,990 Capital 90,670 TOTAL FY 09 1,761,142 Operating Costs 1,314,141 Debt Service 313,100 Financing Cost 49,000 Capital - TOTAL FY 10 1,676,241 Operating Costs 1,314,141 Debt Service - Capital 65,000 TOTAL FY 11 1,379,141 Operating Costs 1,314,141 Debt Service 260,545 Capital 2,243,000 TOTAL FY 12 3,817,686 Operating Costs 1,314,141 Debt Service 260,545 Capital 40,000 TOTAL FY 13 1,614,686 Operating Costs 1,314,141 Debt Service 260,545 Capital - TOTAL FY 14 1,574,686 Operating Costs 1,314,141 Debt Service 260,545 Capital 0 TOTAL FY 15 1,574,686 SEVEN YEAR PROJECTION FIVE YEAR P ROJECTION Beginning FY08-09 Fund Balance 542,988 Beginning FY 10-11 Fund Balance 96,658 Total Revenue (FY09 - FY15) 13,546,255 Total Revenu e (FY11 - FY15) 10,555,202 Total Expenses (FY09 - FY15) 13,398,268 Total Expenses (FY11 - FY1 5) 9,960,885 PROJECTED FUND BALANCE FY 15 690,975 PROJECTED FUND BALANCE FY 15 690,975 BEGINNING FUND BALANCE $ 542,988 $ 246,839 $ 96,658 $ 301,114 $ 654,842 $ 639,389 $ 664,422 $ 542,988 TOTAL REVENUES 1,464,993 1,526,060 1,583,597 4,171,414 1,599,233 1,599,719 1,601,239 13,546,255 EXPENDITURES+DEBT+TRANSFERS 1,761,142 1,676,241 1,379,141 3,817,686 1,614,686 1,574,686 1,574,686 13,398,268 ENDING FUND BALANCE $ 246,839 $ 96,658 $ 301,114 $ 654,842 $ 639,389 $ 664,422 $ 690,975 $ 690,975 31 AIRPORT FUND FISCAL YEARS 2010-2015 FY 08-09 FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Totals Net Fuel Sales $ 17,820 $ 17,000 $ 17,680 $ 18,387 $ 19,123 $ 19,888 $ 20,683 $ 130,581 Non-taxable Rents 2,000 2,000 2,000 2,000 2,000 2,000 2,000 14,000 Golf Course Rents 175,000 175,000 175,000 175,000 175,000 175,000 175,000 1,225,000 Taxable Rents 115,000 157,000 163,280 169,811 176,604 183,668 191,015 1,156,377 Other Revenue 69,200 69,250 69,250 69,250 69,250 69,250 69,250 484,700 Note Proceeds - - - - - - 375,000 375,000 Investment Income 2,000 3,000 5,796 7,379 7,686 8,141 14,374 48,375 PROJECTED REVENUE $ 381,020 $ 423,250 $ 433,006 $ 441,827 $ 449,662 $ 457,946 $ 847,321 $ 3,434,033 Operating Costs 390,565 Repayment of DST Fund Advance 8,550 Transfer to Construction Fund 20,000 TOTAL FY 09 419,115 Operating Costs 364,764 Repayment of DST Fund Advance 8,550 Transfer to Construction Fund 3,946 TOTAL FY 10 377,260 Operating Costs 364,764 Repayment of DST Fund Advance 8,550 Transfer to Construction Fund - TOTAL FY 11 373,314 Operating Costs 364,764 Repayment of DST Fund Advance 8,550 Transfer to Construction Fund 60,000 TOTAL FY 12 433,314 Operating Costs 364,764 Repayment of DST Fund Advance 8,550 Transfer to Construction Fund 62,072 TOTAL FY 13 435,386 Operating Costs 364,764 Repayment of DST Fund Advance 12,000 Transfer to Construction Fund 23,437 TOTAL FY 14 400,201 Operating Costs 364,764 Repayment of DST Fund Advance 12,000 Transfer to Construction Fund 387,500 TOTAL FY 15 764,264 SEVEN YEAR PROJECTION FIVE YEAR PROJECTION Beginning FY08-09 Fund Balance 542,988 Beginning FY 10-11 Fund Balance 18,241 Total Revenue (FY09 - FY15) 3,434,033 Total Revenue (FY11 - FY15) 2,629,763 Total Expenses (FY09 - FY15) 3,202,854 Total Expenses (FY11 - FY15) 2,406,479 PROJECTED FUND BALANCE FY 15 774,167 PROJECTED FUND BALANCE FY 15 241,525 BEGINNING FUND BALANCE $ 10,346 $ (27,749) $ 18,241 $ 77,933 $ 86,446 $ 100,723 $ 158,468 $ 10,346 TOTAL REVENUES 381,020 423,250 433,006 441,827 449,662 457,946 847,321 3,434,033 EXPENDITURES+DEBT+TRANSFERS 419,115 377,260 373,314 433,314 435,386 400,201 764,264 3,202,854 ENDING FUND BALANCE $ (27,749) $ 18,241 $ 77,933 $ 86,446 $ 100,723 $ 158,468 $ 241,525 $ 241,525 32