Page 306 - Ord 866 Adopting a revised Fiscal Year 17-18 and new proposed Fiscal Year 18-19 budget

Section 9 Capital Project Funds
Capital Project Fund Overview

Fund Balance
Excess revenues over(under) expenditures are projected to be $2,258,083
The projected beginning fund balance is $ 1,590,074.
The ending fund balance is projected to be $3,848,157.

Impact of Capital on Operating Budget
The purpose of the chart below is to show the impact to the operating budget if the capital
expenditures were undertaken. Some major costs associated with capital improvement
projects always involve personnel, insurance and utilities.

Examples of specific information are as follows:
If a workforce increase is needed - how much money would be added to the budget for
salaries and employee benefits. And what about a workforce decrease is needed once
the project is finished?
How much will property and casualty insurance rise or fall because of this project?
What is the estimate of the impact in utility costs once the construction is completed?
Must a piece of equipment be purchased or needed once the construction is
completed?

Operating Budget Impact by Project Name

Dept Acct Proj Account Description 19/ 20 20/ 21 21/ 22 22/ 23
16 73000 40 Sam School Road R& D $ 19,737 $ 19,737 $ 24,737 $ 24,887
16 73000 60 Pearson Lane R& D $ 0 24,296 24,296 24,296
16 73000 75 Flashing Crosswalk Lights $ 0 6,800 6,860 6,922
16 73000 78 Solana Pavement Repair $ 0 6,300 6,300 6,300
16 73000 79 Wyck Hill Pavement Resurface $ 0 3,812 3,812 3,812
16 73000 80 FM1938 Pavement Repairs $ 0 5,600 5,600 5,600
16 74400 20 FM1938 Town Improvements $ 0 $ 0 $ 0 $ 0
17 73000 77 WA-Pond Repairs $ 0 7,800 7,862 7,925
19 73000 76 Cemetery Improvements $ 0 2,000 2,060 2,122
19 74400 42 Trail Connection at 114/ Solana $ 0 2,100 2,100 2,100
19 74400 53 Trail - Dove/ Pearson/ Aspen $ 0 24,296 24,296 24,296
19 74400 67 Wayfinding Signage $ 0 16,065 16,065 16,065
20 74400 81 Fiber Connectivity $ 0 $ 0 $ 0 $ 0
19737 $ 118,806 $ 123,988 $ 124,325

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