FY 23 APPROVED CAPITAL BUDGET

Bush River Dredging and DMP Site

PARKS AND RECREATION Project Number:

Operating Budget Impact

P184111 Multiple Abingdon

Council District:

Revenues:

Location:

Expenditures: Cost Savings: None:

Est. Debt Service:

$0

(annual)

X

Expended/Encumbered as of 2/9/22: $990,000

Project Schedule/Status:

PROJECT DESCRIPTION: This project included engineering and construction of a 10 acre Disposal Material Placement (DMP) site and engineering and dredging of the Otter Point Creek, Bush River area. Prior funding was used for engineering to determine the need for future dredging. A large portion of the project will be funded by the Department of Natural Resources (DNR), Waterway Improvement Program. This project supports the goals and objectives of the 2018 Land Preservation, Parks and Recreation Plan and its Capital Improvement Program Recommendations.

EXPENDITURE SCHEDULE

Approp Total

Cost Element

Prior

FY 2023

FY 2024 FY 2025 FY 2026 FY 2027 FY 2028

TOTAL

Engineering/Design Land Acquisition

100,000

100,000

100,000

200,000

0

0

Construction

850,000 40,000

50,000

900,000 40,000

850,000

1,750,000

Inspection Fees

40,000

Equipment/Furnishing

0

0

Total Cost:

990,000

50,000 1,040,000

0

0

0 100,000 850,000

1,990,000

FUNDING SCHEDULE R1515 Recordation Tax R3399 State Other

40,000 950,000

40,000

100,000

50,000 800,000

190,000

50,000 1,000,000

1,800,000

0 0 0

0 0 0

Total Cost:

990,000

50,000 1,040,000

0

0

0 100,000 850,000

1,990,000

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