Page 24 - NRH FY20 Approved Capital Budget

CAPITAL IMPROVEMENT PROGRAM OVERVIEW

 General debt service fund balances will be used as needed to supplement debt payments and
issuance costs. Debt capacity will be calculated annually to ensure adequate revenues for debt
payments for both existing issues as well as prospective issues.

 Alternative sources of funding, including grants, will be sought as available and when beneficial in
lieu of or in conjunction with other funding sources for capital projects.

CIP Impact on the Operating Budget

During the development of the CIP City staff works to identify and plan for impacts to the operating
budget from changes in infrastructure and major equipment purchases approved in the Adopted CIP.
The following information describes the impact that projects included in the 2019/2020 CIP, and
related debt service, are expected to have on the operating budget.

Street & Sidewalk Projects

 The Preventive Street Maintenance Project and Preventive Street Maintenance Multi-Year
projects provide for crack sealing, slurry sealing, and asphalt or concrete overlay of selected
streets throughout the City. This annual program improves street conditions, reduces typical
roadway maintenance costs, and delays more costly street reconstruction. The 2019/2020 budget
allocates $1,000,000 for funding for slurry seal for 15-25 streets, crack seal for 15-25 streets, and
asphalt overlay for 12-15 streets.

 In 2019/2020, the City will complete rehabilitation and replacement of approximately 50,000
square feet of city sidewalks. These sidewalks have been determined to be in a deteriorated state
in residential and high pedestrian areas. This program improves the sidewalk conditions, reduces
maintenance cost and delays the need for costlier reconstruction.

Drainage Projects

 Street Drainage Improvements will be performed in multiple locations in the City during 2019/2020
to help restore positive drainage at some of the 193 locations identified in the City. This project
will help to remove standing water problems, which contribute to the premature deterioration of
asphalt on City streets.

Parks Projects

 In 2019/2020, the City will be renovating the Iron Horse Golf Course to include the replacement of
the irrigation system in sections B and C of the course, restoration of tees, greens and fairways,
grading for positive drainage, irrigation improvements, rebuilding bunkers amongst other
improvements. Staff anticipate that these changes will improve the efficiency of operational
activities in the maintenance of the course in addition to helping preserve the city’s asset.

Utility Projects

 In 2019/2020, the City will be continuing efforts to replace aging water and sewer infrastructure at
several locations for the purpose of maintaining high standards for water quality and increasing
system capacity. Many of these locations due to age require significant maintenance costs which
will be greatly reduced through these replacements.

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