FY 24 APPROVED CAPITAL BUDGET BOOK

Magnolia Booster Station

WATER Project Number: Council District:

Operating Budget Impact

W106709

A

Revenues:

Location:

Various $3,961

Expenditures: Cost Savings: None:

Est. Debt Service:

(annual)

X

Expended/Encumbered as of 1/9/23: $293,008

Project Schedule/Status: Close project in FY24 and reallocate funds to the Renewal & Replace Water Infrastructure (W126723)

PROJECT DESCRIPTION: This project is to allow for the design and construction of a replacement of the existing water booster station with a new building, as well as to provide a telemetry system. This project will add a fire flow pump to the new system for reliability in the service area. The existing station has reached the end of its useful life and needs replacement.

Funds reallocated to Renewal & Replacement Water Infrastructure @ $1,506,992.

EXPENDITURE SCHEDULE

Cost Element

Prior

FY 2024 Approp Total

FY 2025 FY 2026 FY 2027 FY 2028 FY 2029

TOTAL

Engineering/Design Land Acquisition

550,000 (256,992)

293,008

293,008

0

0

Construction

1,250,000 (1,061,380)

188,620

188,620

Inspection Fees

0 0

0 0

Equipment/Furnishing

Total Cost:

1,800,000 (1,318,372)

481,628

0

0

0

0

0

481,628

FUNDING SCHEDULE

R7100 Prior Bonds R8750 Paygo R8751 Prior Paygo

1,450,000 (1,261,380)

188,620 350,000 (56,992)

188,620 350,000 (56,992)

350,000

(56,992)

0 0

0 0

Total Cost:

1,800,000 (1,318,372)

481,628

0

0

0

0

0

481,628

390