Page 329 - City of Westlake FY20 Budget

Section 9 Capital Project Funds
Municipal Facility Project Fund Overview

Fund 405 The Municipal Expansion Fund tracks and accumulates resources intended to finance future
Municipal expansions. This fund was being used to provide an iconic Fire-EMS Station, which includes 4 bays,
sleeping areas for staff members, kitchen/food preparation, storage, multi-purpose space to serve as a
community/staff training, and offices for administration. The station has approximately 18K square feet of
usable space and includes the Town's Emergency Operations Center (EOC) with a back-up generator for
sustainability. It does not include any apparatus or a fire training facility. The project included the acquisition
of land by private donation.

A detailed listing of projects, with prior year funding, future funding requirements and a project description is
included in the Capital Improvements section of this document. Note that individual project information
sheets are also provided. These sheets indicate when the project has multiple sources of funding and the
associated operating costs.

Revenues and Other Sources
• There are no budgeted revenues for FY19/20.

Operating Expenditures
• There are no budgeted operating expenditures for FY19/20.

Non-Operating Expenditures
• There are no budgeted non-operating expenditures for FY19/20.

Fund Balance
• Beginning fund balance is projected to be $1,217,053
• The ending fund balance is projected to be $1,217,053

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