ACFR - FY2020 5-28-21 FINAL - Flipbook - Page 98
NOTES TO FINANCIAL STATEMENTS
CITY OF EUSTIS, FLORIDA
(Continued)
Note 9 - Commitments
The City has outstanding commitments on various contracts for construction and other
projects. These commitments as of September 30, 2020, in the respective funds are as
follows:
Total
Estimated Cost
Governmental Activities:
Sales Tax Capital Projects Fund
Ferran Park Phase Four
Lake Willy Walk Reseal
Recreation Facility Improvements
Building Improvements
Subtotal
$
$
760,586
50,000
200,000
75,000
1,085,586
CRA Fund
Lake Eustis Seawall Rehab
Sidewalk/Tree Planting
Subtotal
$
440,400
309,235
749,635
$
39,105
109,439
148,544
Total Governmental Activities
$
7,865,838
$
2,228,733
36.26%
$
269,923
100,000
44,838
125,660
47,875
819,365
90,000
183,402
184,832
344,000
222,500
600,000
515,848
3,548,243
$
268,810
57,465
11,551
165,696
249
698,211
86,124
154,058
162,571
87,292
117,463
61,858
9,152
1,880,500
99.59%
57.47%
25.76%
131.86%
0.52%
85.21%
95.69%
84.00%
87.96%
25.38%
52.79%
10.31%
1.77%
58.33%
Business Type Activities:
Three Lakes Galvanized Main
Remote Meter Reading
Summit Street Galvanized Main
Hawley Street Main
Stevens Avenue Main
Ardice Ground Storage Tank
Master Lift Station Pump Replacement
Southside Sewer Slipline
Northside Sewer Slipline
Reclaimed Water Main Extension
Ardice Tower Hydro Tank Installation
Main WWTP Expansion
Sludge Handling Upgrade
Total Business Type Activities
$
%
Complete
1,979,166
65,650
59,000
368,700
2,472,516
Stormwater Fund
Ardice/Ruleme/Kurt St Drainage Improvements
Tedford Improvements
Buena Vista Storm Improvements
Exeter Storm Drainage
Subtotal
$
Cost Incurred
To Date
$
69,948
25,532
20,364
76,314
192,159
3.53%
38.89%
34.52%
20.70%
24.41%
$
758,085
29,873
29,178
30,799
847,936
99.67%
59.75%
14.59%
41.07%
53.77%
8.88%
35.39%
22.13%
The commitments above will be funded from a combination of City reserves and
collections from water and sewer.
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