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CAPITAL PROJECT FUNDS CAPITAL IMPROVEMENT PROGRAM (4060) C i t y o f M i s s o u l a P a g e F - 1 Fund Description The Capital Improvement Program is a five-year planning program designed to guide decisions concerning capital expenditures. The first year of the plan is the current year's capital budget. This fund accounts for the City's major capital projects except those that are funded within special funds such as Sewer R&D, the Missoula Redevelopment Agency, or Community development Block Grants. Activities & Objectives The following descriptions are just summaries of the projects. For additional information, please see the FY 08-12 CIP document. White Pine Site Debt Service - Activity Budget equals $ 128,838 This request is to pay debt service costs for the Maintenance Facility. Art Museum Debt Financing – Activity Budget equals $ 41,315 This request is to provide debt service to an Intercap loan that the City incurred to fund part of the Art Museum renovation. City Hall Expansion Debt Service - Activity Budget equals $ 85,248 This request is to handle the debt service for the expansion of the City Hall building to meet the demands of space needs for expanding City departments. Aquatics General Fund Debt Service - Activity Budget equals $ 129,673 This request is to handle the debt service for the General Fund Support of $1,860,000 for the new Aquatics swimming pools and splash decks. Fire Station #4 General Fund Debt Service – Activity Budget equals $ 51,285 This request is to handle the debt service for improvements and expansion of Fire Station 50 Meter Pool Debt Service - Activity Budget equals $ 61,955 This request is to handle the debt service for the General Fund Support of $800,000 toward the replacement of the city’s 50 meter pool. Internally Financed Equipment – Prior Years - Activity Budget equals $ 100,000 This is the first of four fixed payments needed to pay for the installation of a new phone system and internet connectivity for the city data and voice communications. ADA Projects – Activity Budget equals $ 50,000 This request will provide for this year’s ongoing support ADA projects within city facilities. Neighborhood Initiated Traffic Calming – Activity Budget equals $ 18,000 ---PAGE BREAK--- CAPITAL PROJECT FUNDS CAPITAL IMPROVEMENT PROGRAM (4060) C i t y o f M i s s o u l a P a g e F - 2 This provides funding for (city + resident's assessments) projects to slow neighborhood traffic. Park Maintenance & Improvements– Activity Budget equals $130,653 This request is to maintain and repair existing parks. Facilities Maintenance Energy Conservation – Activity Budget equals $ 22,000 This request funds the transition to more energy efficient lighting to save energy costs. Web Infrastructure Update – Activity Budget equals $ 14,000 This request funds the additional General Fund contribution needed to implement a state of the art web infrastructure for the city. Hillview Way Storm Drain Upsizing – Activity Budget equals $ 17,500 This request funds the additional City contribution needed to oversize a storm drain system being installed by a developer on Hillview Way. Fire Hydrant Installation – Activity Budget equals $ 71,993 This request funds the first year of a two project that installs additional fire hydrants in an area of town that is deficient. City Hall Basement Leaks – Activity Budget equals $ 8,500 This request funds the remaining work needed to remodel an area of the city hall basement affected by basement leaks in the past. The leaks have been fixed. Mobile Data Computers – Activity Budget equals $ 160,000 This request is for grant funds to purchase new mobile computers for the city's fire engines. Core CIP Heavy Equipment Replacement – Activity Budget equals $ 1,064,000 This request will replace heavy equipment slated for replacement in FY 2009 per the replacement schedule. Core Light Vehicle Equipment Replacement – Activity Budget equals $ 495,950 This request will replace core light vehicle equipment slated for replacement in FY 2009 per the replacement schedule Total Fund Expenditures $ 2,650,910 ---PAGE BREAK--- CAPITAL PROJECT FUNDS CAPITAL IMPROVEMENT PROGRAM (4060) C i t y o f M i s s o u l a P a g e F - 3 Capital Improvement Program – CIP – Fund 4060 Budget by Object of Actual Amended Actual Adopted Increase * Percent Expenditure Category FY 2007 FY 2008 FY 2008 FY 2009 (Decrease) Change Personal Services 740 $ 61,730 $ 14,101 $ (61,730) $ -100% Supplies 3,295 - - - Purchased Services 33,992 337 17,583 14,000 13,663 4054% Miscellaneous 53,941 100,000 8,511 100,000 - 0% Debt Service 557,054 548,720 512,247 498,314 (50,406) Capital Outlay 3,769,877 3,805,255 2,968,890 2,038,596 (1,766,659) -46% Total 4,418,899 $ 4,516,042 $ 3,521,332 $ 2,650,910 $ (1,865,132) $ -41% FINANCIAL SUMMARY ---PAGE BREAK--- CAPITAL PROJECT FUNDS OPEN SPACE PURCHASE (4130) C i t y o f M i s s o u l a P a g e F - 4 Fund Description Missoula voters approved a $5,000,000 general obligation bond referendum in November 1996 allowing the City to purchase open space land and conservation easements. Activities & Objectives The debt was issued in two series, one for $3.5 million and one for $1.5 million. The remaining bond sale of $1,500,000 is used to acquire and develop open space parcels and pay associated costs as determined by the Open Space Advisory Committee and the City Council. Up to $200,000 is scheduled to be transferred as City match for the Bicycle Commuter Network projects. Budget by Object of Actual Amended Actual Adopted Increase * Percent Expenditure Category FY 2007 FY 2008 FY 2008 FY 2009 (Decrease) Change Personal Services - $ - $ - $ Supplies - - - Purchased Services - - 2,750 - Miscellaneous - - - Debt Service - - - Capital Outlay 52,873 409,111 9,885 389,626 (19,485) Total 52,873 $ 409,111 $ 12,635 $ 389,626 $ (19,485) $ FINANCIAL SUMMARY ---PAGE BREAK--- CAPITAL PROJECT FUNDS 2006 FIRE STATION GO BOND (4196) C i t y o f M i s s o u l a P a g e F - 5 Fund Description This debt was issued in 2006 to provide funds for construction and equipping of new fire station #5 to be located in the Lower Miller Creek area and remodel fire stations #2 and Missoula voters approved a $5,740,000 general obligation bond referendum in November 2005. Budget by Object of Actual Amended Actual Adopted Increase * Percent Expenditure Category FY 2007 FY 2008 FY 2008 FY 2009 (Decrease) Change Personal Services - $ - $ - $ - $ - $ Supplies - - - - - Purchased Services - - - - - Miscellaneous - - - - - Debt Service - - - - - Capital Outlay 1,766,297 3,255,365 2,011,081 1,433,736 (1,821,629) -56% Total 1,766,297 $ 3,255,365 $ 2,011,081 $ 1,433,736 $ (1,821,629) $ -56% FINANCIAL SUMMARY ---PAGE BREAK--- This page intentionally left blank.