Page 298 - Mansfield 2019 Operating Budget

Drainage and Environmental Services Construction Fund

Drainage Capital Improvement Projects totaling $620,000 are proposed for FY 2018-2019. These include:

Drainage Improvements Estimated Cost
Hogpen Study Update $ 380,000

Carlin Road Relocation 60,000

Watson Branch H&H Study Update 55,000

Kimberly Ct. Flume & Improvements 125,000

Totals $ 620,000

Multi-Year Summary
Equipment Replacement Fund

Budget Budget Budget Budget Budget
Equipment 2018-2019 2019-2020 2020-2021 2021-2022 2022-2023 Total
Prior Year Proceeds TBD -

Bond Proceeds 1,000,000 1,000,000 1,000,000 1,000,000 4,000,000

Sale of City Property -
Transfers -
Misc Revenue -
Interest -
Total $ - $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 4,000,000

The Equipment Replacement Fund is funded through transfers from the General Fund. Typically,
$800,000-$1,000,000 in new and replacement equipment is funded on an annual basis from a combination
of excess revenues, expenditure savings or debt issuance. In FY 2018-2019, the amount to be funded is
yet to be determined.

The primary operational impacts in the Equipment Replacement Fund are related to the reduction in
repair costs and proceeds from the sale of vehicles and equipment that is being replaced. In FY 2018-
2019, technology enhancements, vehicles, equipment and facility improvements will be funded through
certificates of obligation, expenditure savings and/or sales of fully depreciated vehicles and equipment.

Project Impacts

• Public Safety vehicles and equipment – annual replacement of vehicles and equipment basis
reduces down time and repair costs and provides Police and Fire the best available resources to
respond to emergencies.
• Repair Savings - reduces down time and enables staff to provide more proactive police patrols;
reduces major fire apparatus down time.
• Auction Proceeds - offsets borrowing costs by redirecting proceeds for the purchase of new
equipment.

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