FY 2025 BUDGET BOOK - Flipbook - Page 95
Capital Projects Funds
The City’s Capital Improvement Plan (CIP) contains all the individual capital projects, equipment
purchases, and major studies needed for the City, in conjunction with construction, completion
schedules and financing plans. The CIP provides a working blueprint for maintaining, improving
and expanding the City’s infrastructure.
The capital project funds are utilized to account for major capital acquisition and construction activity
separately from ongoing operating and maintenance activities. This helps to avoid distortions in
financial trend information that occurs when capital and operating activities are mixed. Project
funding process starts with departmental CIP requests to the City Manager and Finance
Department.
The City Manager, Finance Department and City Department Heads review requested projects
individually. Prioritization of projects is based on community needs, departmental performance,
workload capacity, current economic conditions, funding sources and availability by linking
strategic plans with the City’s fiscal capacity. Approval of the CIP is made by the City Commission
with two City Commission CIP hearings.
The CIP includes the following elements:
➢ Estimated Overall Cost of Each Project
➢ Estimated Operational & Maintenance Cost for Each Project
➢ Estimated Project Timelines
➢ Total Revenues from Each Project
➢ Funding Sources Project Prioritization
Some of the major projects included in the FY 2025/29 CIP are:
➢ Public Safety Combined Complex (PW Dept. - Facilities) - $13,250,000
➢ North Shore Bridge Construction (PE Dept) - $5,100,000
➢ Aquatic Center Renovation (Parks & Rec Dept) - $3,200,000
➢ Street Resurfacing City-wide (PW Dept - Transportation) - $2,449,079
➢ Vehicle Replacements (Police Dept) - $1,675,000
➢ Process & Clarification Tank Rehabilitation (PW Dept-Wastewater) - $1,520,000
➢ FDOT Landscape Maintenance (PW Dept - Transportation) - $1,500,000
➢ Rosenwald 7 Blocks Sewer (PW Dept - Wastewater) - $1,450,000
➢ Building Improvements (PW Dept - Facilities) - $1,234,500
➢ Heathrow WTP Ground Storage Tank (PW Dept - Water) - $1,080,000
➢ Water Meter Rebuild (PW Dept - Water) - $1,020,000
➢ Pumper Engine Replacement (Fire Dept) - $904,400 (lease)
➢ Infiltration & Intrusion (PW Dept - Wastewater) - $890,000
➢ Bates Ave Plant Generator Overhaul (PW Dept - Wastewater) - $880,000
➢ Fire Engine (Fire Dept) - $750,000
➢ Master Lift Station Upgrade (PW Dept - Wastewater) - $720,000
➢ Eastern Tertiary Filter (PW Dept - Wastewater) - $660,000
➢ New Water Meter Service Sets (PW Dept - Water Impact) - $630,000
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