FY 24 APPROVED CAPITAL BUDGET BOOK

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:

$10,500 (annual)

X

Expended/Encumbered as of 1/9/23: $0

Project Schedule/Status: Design scope in development, engineering and design are modeling dependent. FY24 Reallocate funds to Renewal and Replacement Sewer Infrastructure (S126726).

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.

Funds reallocated to Removal & Replacement Sewer Infrastructure.

EXPENDITURE SCHEDULE

Cost Element

Prior

FY 2024 Approp Total

FY 2025 FY 2026 FY 2027 FY 2028 FY 2029

TOTAL

Engineering/Design Land Acquisition

500,000

500,000

500,000

0 0 0 0

0 0 0 0

Construction

2,500,000 (2,500,000)

Inspection Fees

Equipment/Furnishing

Total Cost:

3,000,000 (2,500,000)

500,000

0

0

0

0

0

500,000

FUNDING SCHEDULE

R7100 Prior Bonds

3,000,000 (2,500,000)

500,000

500,000

0 0 0 0

0 0 0 0

Total Cost:

3,000,000 (2,500,000)

500,000

0

0

0

0

0

500,000

420