Page 353 - Ord 866 Adopting a revised Fiscal Year 17-18 and new proposed Fiscal Year 18-19 budget

UNFUNDED ( UNDER DISCUSSION) CAPITAL IMPROVEMENT

15-30 Acre Community Park

Project Description:
This project would include the purchase of 15 to 30 acres of open space
with the ability to add amenities such as small covered pavilions, trail
heads, playground stations, sports fields, general use open spaces, dog
park, restroom, football field, running track, cross country trail, outdoor
tennis and basketball courts, baseball and softball fields. The project
would include restrooms, concession area with outdoor eating area and
parking. This facility would provide programs and activities to the Westlake
community and Westlake Academy.

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 - - - - 655,805 67,473 - 723, 278
Construction - - - - 3,476, 610 - 3,476, 610
Design - - - - 65,508 67,473 - 132, 981
Contingency - - - - 58,300 48,760 - 107, 060
Land Purchase ( 390K for 10
Acres) - - - - 4,367, 200 - 4,367, 200
EXPENDITURES TOTAL - - - - 8,623, 423 183, 706 - 8,807, 129

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 - - - - - - - -
Bond Issuance - - - - - - - -
Unfunded - - - - 8,623, 423 183, 706 - 8,807, 129
Other - - - - - - - -
FUNDING TOTAL - - - - 8,623, 423 183, 706 - 8,807, 129

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 - - - 2,975 3,065 -
Services - - - 17,851 18,387 -
Insurance - - - - - -
Repair & Maintenance - - - 2,975 3,065 -
Rent & Utilities - - - 9,521 9,807 -
Debt Service - - - - - - 528,600 -
OPERATING IMPACT - - - - - 33, 323 562, 923 -

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