Page 327 - FY 24 Budget Forecast at Adoption.xlsx

CITY OF KELLER FIVE-YEAR CAPITAL IMPROVEMENTS PROGRAM (CIP) SUMMARY

FISCAL YEARS
TOTAL ALL
PROJECT PRIOR YEARS FY 2022-23 FY 2023-24 FY 2024-25 FY 2025-26 FY 2026-27 FY 2027-28
YEARS
FACILITIES/GENERAL GOVERNMENTAL

New Senior Activity Center
Debt Issuance 8,000,000 $ 8,000,000
General Fund 1,600,000 - - - - - - $ 1,600,000
TOTAL PROJECT $ 9,600,000 $ - $ - $ - $ - $ - $ - $ 9,600,000
The project builds a new senior activity center at Johnson Road park which was approved by the voters in November 2018. The operating
impact relates to the average annual debt payment and utility costs related to increased square footage.
IMPACT ON O&M
$ 695,728 $ 695,728 $ 695,728 $ 695,728 $ 695,728 $ 695,728 $ 695,728

Economic Development Incentives
General Fund 1,500,000 $ 1,500,000
TOTAL PROJECT $ 1,500,000 $ - $ - $ - $ - $ - $ - $ 1,500,000
IMPACT ON O&M The scope of the project has yet to be determined, however, any related operational costs should not be the responsibility of the City.

Police Station Renovation
Other 4,500,000 $ 4,500,000
TOTAL PROJECT $ - $ - $ 4,500,000 $ - $ - $ - $ - $ 4,500,000
IMPACT ON O&M The project is a renovation of an existing facility and minimal operating impact is anticipated.

TOTAL
FACILITIES/GENERAL $ 11,100,000 $ - $ 4,500,000 $ - $ - $ - $ - $ 15,600,000
GOVERNMENTAL

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