FY 23 APPROVED CAPITAL BUDGET

Chestnut Hill Bridge #40

HIGHWAYS - BRIDGES Project Number:

Operating Budget Impact

H114501

Council District:

D

Revenues:

Location:

Hickory

Expenditures: Cost Savings: None:

Est. Debt Service:

$12,700 (annual)

X

Expended/Encumbered as of 2/9/22: $1,740,212

Project Schedule/Status:

PROJECT DESCRIPTION: This project will replace the existing Chestnut Hill Bridge. The current structure is a single lane bridge with deteriorating superstructure and an inadequate waterway opening. This project is eligible for Federal funding. 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

340,000 60,000

340,000 60,000

340,000 60,000

Construction

1,565,000

1,565,000

1,565,000

Inspection Fees

100,000

100,000

100,000

Equipment/Furnishing

0

0

Total Cost:

2,065,000

0 2,065,000

0

0

0

0

0

2,065,000

FUNDING SCHEDULE

R8750 Paygo R3140 Federal TAP R7100 Prior Bonds

124,000

124,000

124,000

1,433,000

1,433,000

1,433,000

508,000

508,000

508,000

0 0

0 0

Total Cost:

2,065,000

0 2,065,000

0

0

0

0

0

2,065,000

311

Made with FlippingBook Online newsletter creator