Page 348 - Ord 866 Adopting a revised Fiscal Year 17-18 and new proposed Fiscal Year 18-19 budget

UNFUNDED ( UNDER DISCUSSION) CAPITAL IMPROVEMENT

SH114/170 Enhancements

Project Description:
This project was anticipated to be a cooperative effort between Westlake, Trophy Club,
and Roanoke consisting of the design and construction of landscape and hardscape
improvements to the SH 170 & Hwy 114 interchange to include plantings, painting, and
entry monuments. Maintenance is for irrigation only. To-date the Town has paid
239, 433 for engineering and paintintg in FY 13/14. Project costs are estimated to be
3,000,000 for construction. Funding participation is anticipated to be 1/3 from each
party. This project will be submitted for a TxDot grant ( Green Ribbon). The Town
anticipates getting $ 160, 000 reimbursement of engineering costs in FY 15/16 from Trophy
Club and Roanoke and will use those funds towards the final construction. If project does
not move forward, the funds will go to the Capital Projects fund balance.

PROJECT EXPENSE
Totals Thru Estimated Proposed Projection- - - - - - - - - - - - - - - - - - Project
EXPENDITURE TYPE FY 16/17 FY 17/18 FY 18/19 FY 19/20 FY 20/21 FY 21/22 FY 22/23 Total
Engineering - - - - - - - -
Construction - - - - - 830,592 830, 592
Design - - - - - - - -
Painting 239, 433 - - - - - - 239, 433
Other - - - - - - - -
EXPENDITURES TOTAL 239, 433 - - - - - 830, 592 1,070, 025

PROJECT FUNDING
Totals Thru Estimated Proposed Projection- - - - - - - - - - - - - - - - - - Project
FUNDING TYPE FY 16/17 FY 17/18 FY 18/19 FY 19/20 FY 20/21 FY 21/22 FY 22/23 Total
Cash ( Fund Balance) - - - - - - - -
Contributions/ Grants 149, 622 - - - - - 149, 622
Bonds 2011 CO $2.095M 89,811 - - - - - - 89,811
Bonds - - - - - - - -
Unfunded - - - - - - 830,592 830, 592
FUNDING TOTAL 239, 433 - - - - - 830, 592 1,070, 025

IMPACT ON OPERATING BUDGET
Totals Thru Estimated Proposed Projection- - - - - - - - - - - - - - - - - -
IMPACT TYPE FY 16/17 FY 17/18 FY 18/19 FY 19/20 FY 20/21 FY 21/22 FY 22/23
Supplies - - - - - - - -
Services - - - - - - - -
Insurance - - - - - - - -
Repair & Maintenance - - - - - - - -
Rent & Utilities - - - - - - - -
Debt Service - - - - - - - -
OPERATING IMPACT - - - - - - - -

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