Page 350 - FY 19 Budget Forecast 91218.xlsx

CAPITAL IMPROVEMENT PROJECT FUNDS

CAPITAL IMPROVEMENT FUNDING SUMMARY

FY 2017-18 &
Prior FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23 % of Total
Revenues
Debt Funded
General Debt 5,094,733 - - - - - 5.4%
Self-Supporting Debt 8,500,000 7,869,295 4,000,000 - - 4,000,000 26.0%
Total Debt Funded $ 13,594,733 $ 7,869,295 $ 4,000,000 $ - $ - $ 4,000,000 31.5%

Operating Funds
General Fund 7,210,411 4,160,000 3,012,500 2,550,000 1,262,500 2,050,000 21.6%
Street Maintenance Fund 3,522,808 1,526,609 1,526,609 1,526,609 1,526,609 1,900,000 12.3%
KDC Fund 2,300,903 3,062,603 350,000 350,000 350,000 350,000 7.2%
Water and Wastewater Fund 2,468,095 1,512,000 1,470,000 1,510,000 1,245,000 1,300,000 10.1%
Drainage Utility Fund 950,000 300,000 395,000 325,000 325,000 325,000 2.8%
Total Operating Funds $ 16,452,217 $ 10,561,212 $ 6,754,109 $ 6,261,609 $ 4,709,109 $ 5,925,000 54.1%

Impact Fee Funds
Park Development Fees 903,240 - - - - - 1.0%
Roadway Impact Fees 462,500 1,125,000 462,500 - 462,500 1,000,000 3.7%
Water Impact Fees 4,921,620 - 800,000 - - - 6.1%
Wastewater Impact Fees 860,000 - - 90,000 - - 1.0%
Total Impact Fee Funds $ 7,147,360 $ 1,125,000 $ 1,262,500 $ 90,000 $ 462,500 $ 1,000,000 11.8%
Other Sources
Grant Revenue 481,060 - - - - - 0.5%
Interest Income - - - - - - 0.0%
Other Sources 626,200 1,350,000 - - - - 2.1%
Total Other Sources $ 1,107,260 $ 1,350,000 $ - $ - $ - $ - 2.6%

TOTAL $ 38,301,570 $ 20,905,507 $ 12,016,609 $ 6,351,609 $ 5,171,609 $ 10,925,000 100.0%

Capital Improvement Project Funding Sources
45,000,000

40,000,000
35,000,000

30,000,000

25,000,000
20,000,000

15,000,000

10,000,000
5,000,000

‐
FY 2017‐18 & Prior FY 2018‐19 FY 2019‐20 FY 2020‐21 FY 2021‐22 FY 2022‐23

Total Debt Funded Total Operating Funds Total Impact Fee Funds Total Other Sources

348