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Ord 52-2020 Adopting the Five Year Capital Improvement Plan 2020-2025 9/1/2020Ordinance No. 52-2020 Ordinance adopting the Five Year Capital Improvement Plan for the Fiscal Year beginning October 1, 2020 and ending September 30, 2025 BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: 1. The 2021-2025 Capital Improvement Plan, which includes budget estimates of the revenues and expenses for completing capital projects outlined in this plan, as submitted to the City Council by the City Manager and outlined in the attached Summary of All Capital Project Costs, is hereby adopted and approved. 2. Project costs and associated funding sources listed in the 2020-21 fiscal year of the Five -Year Capital Improvement Plan formulate the approved capital improvement budget. Project costs and associated funding sources for the remaining fiscal years of the Five -Year Capital Improvement Plan are for planning purposes only, and are not approved for funding by Council adoption of this document. PASSED AND APPROVED this the 1st day of September, 2020. V Mu ATTEST: ) B� City Clerk City of Wichita Falls, Texas Capital Improvement Program 5 YEAR 2021 - 2025 W/C�JTa 7a��S T E X A S Projected Financial Plan 20/21 1 21/22 1 22/23 23/24 24/25 Total Project Cost: Bldgs and General Facilities $ 444,440 $ 125,000 $ 880,000 $ 250,000 $ 550,000 $ 2,249,440 Information Technology $ 519,100 $ 497,000 $ 990,000 $ 1,840,000 $ 2,047,000 $ 5,893,100 Parks and Library $ - $ 4,551,691 $ 6,721,119 $10,282,354 $ 6,000,000 $ 27,555,164 Traffic System $ 197,158 $ 264,800 $ 264,800 $ 264,800 $ 264,800 $ 1,256,358 Fleet Replacements $ 4,421,584 $ 4,699,279 $ 4,140,575 $ 4,316,166 $ 5,638,275 $ 23,215,879 Airports $ 1,536,110 $ 1,386,110 $ 949,999 $ 7,391,111 $ 6,400,000 $ 17,663,330 Transit System $ 190,000 $12,437,213 $ 635,526 $ 620,526 $ 595,526 $ 14,478,791 Street System $ 2,652,000 $ 2,530,000 $ 2,530,000 $ 2,530,000 $ 2,530,000 $ 12,772,000 Water System $ 3,930,985 $ 5,821,000 $ 8,406,000 $ 6,606,000 $ 4,606,000 $ 29,369,985 Wastewater System $ 2,308,872 $ 3,316,588 $ 2,940,000 $ 2,390,000 $ 1,940,000 $ 12,895,460 Sanitation System $ 635,000 $ 910,000 $ 665,000 $ 680,000 $ 695,000 $ 3,585,000 Drainage System $ 1,016,000 $ 3,925,000 $ 4,200,000 $ 2,280,000 $ 2,768,000 $ 14,189,000 Multi -Purpose Events Center $ - $ 3,230,500 $ 490,000 $ - $ - $ 3,720,500 Total $17,851,249 $43,694,181 $33,813,019 $39,450,957 $34,034,601 $ 168,844,007 of Funding: General Operating Funds $ 3,293,598 $ 3,171,800 $ 3,674,800 $ 3,044,800 $ 3,344,800 $ Information Tech Operating Funds $ 519,100 $ 497,000 $ 990,000 $ 1,840,000 $ 2,047,000 $ Fleet Operating Funds $ 2,293,415 $ 2,274,216 $ 2,429,216 $ 2,579,216 $ 2,729,216 $ Sanitation Operating Funds $ 2,763,169 $ 3,050,063 $ 2,376,359 $ 2,416,950 $ 3,604,059 $ Water/Sewer Operating Funds $ 6,239,857 $ 9,137,588 $ 11,346,000 $ 8,996,000 $ 6,546,000 $ Stonnwater Operating Funds $ 1,016,000 $ 4,210,000 $ 4,200,000 $ 2,280,000 $ 2,768,000 $ Water Park Operating Funds $ - $ - $ 1,000,000 $ 400,000 $ - $ Airport Operating Funds $ $ $ - $ - $ $ CDBG Funds $ $ $ - $ - $ $ FAA Grant Funds $ 1,536,110 $ 1,386,110 $ 949,999 $ 7,391,111 $ 6,400,000 $ FTA Grant Funds $ 190,000 $12,437,213 $ 635,526 $ 620,526 $ 595,526 $ 4B Sales Tax Revenue Bonds $ - $ - $ - $ - $ - $ Certificates of Obligation $ $ $ $ $ $ Texas Water Development Bond Funds $ $ $ $ $ $ Private Funds $ $ $ $ $ $ Cemetery Perpetual Care Funds $ $ 900,000 $ 350,000 $ $ $ Undetermined Funds $ $ 6,630,191 $ 5,861,119 $ 9,882,354 $ 6,000,000 $ Total $17,851,249 $43,694,181 $33,813,019 $39,450,957 $ 34,034,601 1 $ 1 16,529,798 5,893,100 12, 305, 279 14, 210, 600 42, 265, 445 14, 474, 000 1,400,000 17, 663, 330 14, 478, 791 1,250,000 28, 373, 664