FY 23 APPROVED CAPITAL BUDGET

Hickory Sewer Infrastructure Improvement Project

SEWER Project Number: Council District:

Operating Budget Impact

S196211 Multiple Various

Revenues:

Location:

Expenditures: Cost Savings: None:

Est. Debt Service:

$75,000 (annual)

X

Expended/Encumbered as of 2/9/22: $0

Project Schedule/Status: Design scope in development, engineering and design anticipated for 2022-2023.

PROJECT DESCRIPTION: This project will identify and implement infrastructure improvements to include the activities of studying, evaluation, designing, and construction. The costs will be reimbursed to the County through surcharges from future growth in the area.

EXPENDITURE SCHEDULE

Approp Total

Cost Element

Prior

FY 2023

FY 2024 FY 2025 FY 2026 FY 2027 FY 2028

TOTAL

Engineering/Design Land Acquisition

500,000

500,000

500,000

0

0

Construction

2,500,000

2,500,000

2,500,000

Inspection Fees

0 0

0 0

Equipment/Furnishing

Total Cost:

3,000,000

0 3,000,000

0

0

0

0

0

3,000,000

FUNDING SCHEDULE

R7100 Prior Bonds

3,000,000

3,000,000

3,000,000

0 0 0 0

0 0 0 0

Total Cost:

3,000,000

0 3,000,000

0

0

0

0

0

3,000,000

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