FY 23 APPROVED CAPITAL BUDGET

Water Tank Design and Construction

WATER Project Number: Council District:

Operating Budget Impact

W196152 Multiple

Revenues:

Location:

Various

Expenditures: Cost Savings: None:

Est. Debt Service:

$0

(annual)

X

Expended/Encumbered as of 2/9/22: $179,069

Project Schedule/Status: This project is water modeling dependent; study and modeling scheduled for 2020-2021.

PROJECT DESCRIPTION: This project provides for the study, master plan modeling, land acquisition, design, and construction of a new water storage tank in Zone 1 (Trimble Road and Swan Harbor areas) or Zone IV (Hickory area) to meet Adequate Public Facility (APF) requirements for potential development. This project will also include a water system comprehensive study.

EXPENDITURE SCHEDULE

Approp Total

Cost Element

Prior

FY 2023

FY 2024 FY 2025 FY 2026 FY 2027 FY 2028

TOTAL

Engineering/Design Land Acquisition

300,000

300,000

300,000

0

0

Construction

0 400,000 3,000,000

3,400,000

Inspection Fees

0 0

0 0

Equipment/Furnishing

Total Cost:

300,000

0

300,000 400,000 3,000,000

0

0

0

3,700,000

FUNDING SCHEDULE

R8750 Paygo R7000 Future Bonds

300,000

300,000 400,000

700,000

0 0 0 0

3,000,000

3,000,000

0 0 0

Total Cost:

300,000

0

300,000 400,000 3,000,000

0

0

0

3,700,000

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