FY 23 APPROVED CAPITAL BUDGET

Resurfacing Roadways

HIGHWAYS - RESURFACING Project Number: H184503 Council District: Multiple Location: Various Est. Debt Service: $0

Operating Budget Impact

Revenues:

Expenditures: Cost Savings: None:

(annual)

X

Expended/Encumbered as of 2/9/22: $23,604,154

Project Schedule/Status: Various projects are continuously being designed and constructed under this account.

PROJECT DESCRIPTION: This is an ongoing project activity to resurface the County's 685+ miles of asphalt pavement. This is a critical maintenance program for the upkeep of the County's pavement system. Not only does this work provide smoother and safer roadways, but it seals out water from the sub base, thereby drastically improving the life cycle of the pavement. Included in the cost is an item to upgrade/replace handicapped ramps per Federal ADA guidelines. 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

375,000

75,000

450,000

75,000

75,000

75,000

75,000

75,000

825,000

0

0

Construction

35,372,870 7,675,000 43,047,870 9,200,000 9,400,000 9,600,000 9,800,000 10,000,000 91,047,870 950,000 250,000 1,200,000 250,000 250,000 250,000 250,000 250,000 2,450,000 0 36,697,870 8,000,000 44,697,870 9,525,000 9,725,000 9,925,000 10,125,000 10,325,000 94,322,870 0

Inspection Fees

Equipment/Furnishing

Total Cost:

FUNDING SCHEDULE R8750 Paygo R8095 Reapp. Interest R6130 Invest. Income

36,697,870 7,000,000 43,697,870 9,525,000 9,725,000 9,925,000 10,125,000 10,325,000 93,322,870 873,825 873,825 873,825 126,175 126,175 126,175 0 0 0 0 36,697,870 8,000,000 44,697,870 9,525,000 9,725,000 9,925,000 10,125,000 10,325,000 94,322,870

Total Cost:

342