Laserfiche WebLink
The CIP is summarized by the following sections: <br />•Funding Summary by Year <br />•Projects by Year <br />•Projects by Type <br />•Funding Summary by Fund <br />FUNDING SUMMARY BY YEAR (PAGE 11) <br />This CIP covers the period form 2020-2024 and is organized by the funding sources of the improvement <br />project. Over the next five years, $13.9 million in projects have been identified. <br />2020 2021 2022 2023 2024 Total <br />$4,182,230 $2,584,600 $3,377,725 $1,762,160 $2,002,600 $13,909,315 <br />Debt will not need to be issued to fund these projects since adequate funds from other sources have <br />been identified. Assessments for street projects is the largest funding source, followed by electric and <br />gas franchise fees, and user fees for water and sewer. Property taxes make up 16% of the funding. <br />These property taxes are levied for street projects ($122,200 per year) and future fire equipment <br />($160,000 per year). <br /> $370,945 <br /> $1,726,220 <br /> $2,297,900 <br /> $801,950 <br /> $7,171,600 <br /> $135,000 <br /> $1,405,700 <br /> $- <br /> $1,000,000 <br /> $2,000,000 <br /> $3,000,000 <br /> $4,000,000 <br /> $5,000,000 <br /> $6,000,000 <br /> $7,000,000 <br /> $8,000,000 <br />Buildings & <br />Admin <br />Fire Parks & <br />Recreation <br />(includes <br />trails) <br />Public <br />Works <br />Equipment <br />Street <br />Projects <br />Storm <br />Projects <br />Water & <br />Sewer <br />Projects <br />2020-2024 Capital Improvement Projects by Type <br />2