FY 23 APPROVED CAPITAL BUDGET

Francis Silver Park Improvements

PARKS AND RECREATION Project Number:

Operating Budget Impact

P164115

Council District:

D

Revenues:

Location:

Darlington

Expenditures: Cost Savings: None:

Est. Debt Service:

$0

(annual)

X

Expended/Encumbered as of 2/9/22: $225,000

Project Schedule/Status: Construction of the trail loop system is complete. This project will be closed and removed from the Capital Improvement Program following completion of the audit in July, 2022.

PROJECT DESCRIPTION: Future park improvements will be made as funding is available. 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

0

0

Construction

325,000

325,000

325,000

Inspection Fees

0 0

0 0

Equipment/Furnishing

Total Cost:

425,000

0

425,000

0

0

0

0

0

425,000

FUNDING SCHEDULE R1515 Recordation Tax R3380 Prog. Open Sp.

225,000 200,000

225,000 200,000

225,000 200,000

0 0 0

0 0 0

Total Cost:

425,000

0

425,000

0

0

0

0

0

425,000

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