HomeMy WebLinkAboutProposed Budget 8.17#3FY 2022-2023
Proposed Budget
August 17, 2022 -Workshop
1
Capital Improvement Program FY 2023
Proposed Projects:
•Street Improvements 10,700,000
•General Improvements 12,081,000
•Water Utility Improvements 6,700,000
•Solid Waste Improvements 4,860,000
•Downtown Revitalization 50,000
•Transit Capital Expenditures 475,000
•Pleasure Island Improvements 2,114,500
•Total $36,980,500
2
Capital Improvement Program FY 2023
Street Improvements
Projects:
Street Reconstruction 10,000,000
Bridge Repairs/Rehab 500,000
Sidewalk Rehab 200,000
Total Project Cost $10,700,000
Funding Sources:
General Fund Cash 700,000
Certificates of Obligation 10,000,000
Total Funding Sources $10,700,000
3
Capital Improvement Program FY 2023
General Improvements
Projects:
Information Technology 831,000
City Facility Improvements 9,150,000
Fire 1,100,000
Parks and Recreation 1,000,000
Total Project Cost $12,081,000
Funding Sources:
General Fund Cash 5,331,000
Certificates of Obligation 5,175,000
Hotel Occupancy Taxes 575,000
EDC Sales Tax Contribution 1,000,000
Total Funding Sources $12,081,000
4
Capital Improvement Program FY 2023
City Facility Improvements
Projects:2023 2024
Relocate Public Safety-Police, Fire, Court 1,000,000 4,500,000
Replace Fire Station Port Acres 5,175,000 -
Replace Fire Station Westside -5,175,000
Upgrade Existing City Facilities 2,250,000 -
Renovate Historical City Bldgs.725,000 -
Total Projects Cost $9,150,000 $9,675,000
Funding Sources:
General Fund Cash 3,400,000 -
Certificates of Obligation 5,175,000 9,675,000
Hotel Occupancy Taxes 575,000 -
Total Funding Sources $9,150,000 $9,675,000
5
Capital Improvement Program FY 2023
Water Utility Improvements
Projects:
Lift Stations 2,000,000
Sabine Pass Collection System 500,000
Dredge Fresh Water Reservoir 1,500,000
El Vista Force Main 800,000
Collection Systems Rehab 1,000,000
Elevated Storage Tank Rehab 900,000
Total Project Cost $6,700,000
Funding Sources:
Water Fund Cash 2,200,000
Certificates of Obligation 4,500,000
Total Funding Sources $6,700,000
6
Capital Improvement Program FY 2023
Solid Waste
Projects:
New Landfill Cell 1,500,000
South Detention Pond Construction 1,000,000
Capital Equipment:
Mack Easy Pack Truck (Container)350,000
Asco Drum Roller (Landfill)110,000
Two (2) Mack Garbage Trucks (Residential)1,400,000
Two (2) Mack Trash Trucks (Trash)500,000
Total Projects Cost $4,860,000
Funding Sources:
Certificates of Obligation 2,360,000
Industry Funding 2,500,000
Total Funding Sources $4.860,000
7
Capital Improvement Program FY 2023
Pleasure Island Improvements
Projects:
Dock Repairs 1,164,500
Disc Golf Course Renovation 150,000
Bulkhead Repair at Boat Ramp 800,000
Total Project Cost $2,114,500
Funding Sources:
Certificates of Obligation 2,064,500
Industry Donation 50,000
Total Funding Sources $2,114,500
8
Certificate of Obligation List
General Fund
Streets Reconstruction 10,000,000
Replace Fire Station Pt Acres –Constr.5,175,000
General Fund Subtotal 15,175,000
Water Fund
Lift Stations 2,000,000
Dredge fresh water reservoir 1,500,000
Collection systems rehab 1,000,000
Water Fund Subtotal 4,500,000
9
Certificate of Obligation List
Solid Waste Fund
Mack Easy Pack Truck 350,000
Asco drum roller 110,000
(2) Mack Garbage Truck 1,400,000
(2) Mack Trash Truck 500,000
Solid Waste Fund Subtotal (Capital Equip.) 2,360,000
Pleasure Island Fund
Dock repairs 1,164,500
Disc golf course renovation 100,000
Bulkhead repair at boat ramp 800,000
2,064,500
Grand Total 24,099,500
10
Key Dates
•Jul. 22 Friday File Proposed Budget with the City Secretary
•Aug. 2 Tuesday City Council Proposed Budget Workshop
•Aug. 16 Tuesday City Council Proposed Budget Workshop, Hold record vote on the
proposed tax rate via resolution
•Aug. 17 Wednesday City Council Proposed Budget Workshop 10:00 a.m.
•Aug. 29 Monday Public Hearing on Budget 10:00 a.m.
•Aug. 30 Tuesday Public Hearing on Tax Rate 6:00 p.m., Adopt Budget, Tax Roll and Tax Rate
Denotes a special Council Meeting
11
Adopt Budget August 30
Questions/Changes?
12