FY 23 APPROVED CAPITAL BUDGET

Grier Nursery Road Bridge #43

HIGHWAYS - BRIDGES Project Number:

Operating Budget Impact

H204520

Council District:

D

Revenues:

Location:

Norrisville

Expenditures: Cost Savings: None:

Est. Debt Service:

$3,500

(annual)

X

Expended/Encumbered as of 2/9/22: $233,524

Project Schedule/Status: FY 20-23: Design (30% complete) FY 22: Right of way FY 24-25: Construction

PROJECT DESCRIPTION: This project is to replace the entire superstructure for the Grier Nursery Road Bridge over Deer Creek. The deck is in poor condition requiring the reconstruction. This project is consistent with the Master Planning goal of maintaining a safe and adequate transportation system to serve existing and future populations.

EXPENDITURE SCHEDULE

Approp Total

Cost Element

Prior

FY 2023

FY 2024 FY 2025 FY 2026 FY 2027 FY 2028

TOTAL

Engineering/Design Land Acquisition

550,000 400,000

950,000 50,000

950,000 50,000

50,000

Construction

0 2,000,000 2,000,000 0 100,000 100,000

4,000,000

Inspection Fees

200,000

Equipment/Furnishing

0

0

Total Cost:

600,000 400,000 1,000,000 2,100,000 2,100,000

0

0

0

5,200,000

FUNDING SCHEDULE

R8750 Paygo R3140 Federal TAP R7100 Prior Bonds R7000 Future Bonds

100,000

100,000

100,000

440,000 320,000

760,000 1,680,000 1,680,000

4,120,000

60,000

60,000

60,000 920,000

80,000

80,000 420,000 420,000

0

0

Total Cost:

600,000 400,000 1,000,000 2,100,000 2,100,000

0

0

0

5,200,000

286