Page 337 - 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
PARK SYSTEM

Overton Ridge Park
KDC Fund 2,673,998 1,711 $ 2,675,709
Park Development 547,656 $ 547,656
Fees
TOTAL PROJECT $ 3,221,654 $ 1,711 $ - $ - $ - $ - $ - $ 3,223,365
The park improvements require additional mowing and other grounds maintenance.
IMPACT ON O&M
$ 27,808 $ 27,808 $ 27,808 $ 27,808

Sports Park Revitalization
Debt Issuance 27,000,000 $ 27,000,000
KDC Fund 2,725,873 $ 2,725,873
Water-Wastewater 1,291,730 $ 1,291,730
Fund
TOTAL PROJECT $ - $ 4,017,603 $ 27,000,000 $ - $ - $ - $ - $ 31,017,603
The project is a revitalization of the existing Keller Sports Park and the operating impact relates to the average annual debt payment.
IMPACT ON O&M
2,557,471 2,557,471 2,557,471 2,557,471 2,557,471

Whitley Road Safe Routes
KDC Fund 248,312 365,252 $ 613,564
Grant 680,515 - $ 680,515
TOTAL PROJECT $ 928,827 $ 365,252 $ - $ - $ - $ - $ - $ 1,294,079
IMPACT ON O&M The project improves an existing trail and minimal operating impact is anticipated.

Trail System Expansion
KDC Fund 595,321 596,362 750,000 400,000 450,000 500,000 550,000 $ 3,841,683
TOTAL PROJECT $ 595,321 $ 596,362 $ 750,000 $ 400,000 $ 450,000 $ 500,000 $ 550,000 $ 3,841,683
IMPACT ON O&M The trail improvements have minimal operating impact and can be absorbed in the current budget.

Chase Oaks Activity Node Playground Replacement
KDC Fund 110,000 (213) $ 109,787
TOTAL PROJECT $ 110,000 $ (213) $ - $ - $ - $ - $ - $ 109,787
IMPACT ON O&M The project replaces existing playground equipment and minimal operating impact is anticipated.

Keller Sports Park Parking Lot Improvements - Softball Lot
KDC Fund 829,059 $ 829,059
TOTAL PROJECT $ 829,059 $ - $ - $ - $ - $ - $ - $ 829,059
IMPACT ON O&M The project improves an existing parking lot and minimal operating impact is anticipated.

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