Page 413 - NRH FY20 Approved Budget

Schedule 4
Parks & Recreation Capital Projects
Budget Summary

Project To 2019/20 2020/21 2021 To
Date Adopted Estimated Completion Total

Project Costs
Continuing Projects
PK1901 Annual Tree Planting 2019 45,000 0 0 0 $ 45,000
PK1701 Barfield Family Foundation Grant Program 19,283 0 0 0 $ 19,283
PK1801 Green Valley Raceway Historical Area 60,717 50,000 0 0 $ 110,717
PK1802 Hometown Lakes Pedestrian Bridge Trail Connections 80,000 0 0 0 $ 80,000
GC1901 Iron Horse Golf Course Improvements 285,000 3,000,000 0 0 $ 3,285,000
PK1902 Linda Spurlock Park Renovation 189,000 811,000 0 0 $ 1,000,000
PK1603 Northfield Park Renovation 6,125,312 0 0 0 $ 6,125,312
PK1903 NRH Centre Indoor Aquatic Pool Re-Plaster 120,000 0 0 0 $ 120,000
PK1506 Park Infrastructure Maintenance 2015 232,597 0 0 0 $ 232,597
PK1804 Park Infrastructure Maintenance 2018 301,905 0 0 0 $ 301,905
PK1904 Park Infrastructure Maintenance 2019 285,907 0 0 0 $ 285,907
PK1606 Park System Signage 479,486 0 0 0 $ 479,486
PK1905 Richland Tennis Center Infrastructure Maintenance 2019 20,000 0 0 0 $ 20,000
PK1806 Trail and On-Road Safety Projects 730,543 0 0 0 $ 730,543

Total Continuing Projects $ 8,974,750 $ 3,861,000 $ 0 $ 0 $ 12,835,750
New Projects
PK2004 Park Infrastructure Maintenance (2020) 0 190,000 0 0 $ 190,000
PK2005 Richland Tennis Center Infrastructure Improvements (2020) 0 100,000 0 0 $ 100,000
Total New Projects $ 0 $ 290,000 $ 0 $ 0 $ 290,000

Total Project Costs $ 8,974,750 $ 4,151,000 $ 0 $ 0 $ 13,125,750

Funding Sources
Certificates of Obligation 4,185,000 3,000,000 0 0 $ 7,185,000
Federal/State Grants 1,076,217 0 0 0 $ 1,076,217
Reserves 663,855 811,000 0 0 $ 1,474,855

Sales Tax 1,978,488 235,000 0 0 $ 2,213,488
Other 1,071,190 105,000 0 0 $ 1,176,190
Total Sources of Funds $ 8,974,750 $ 4,151,000 $ 0 $ 0 $ 13,125,750

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