FY2021 Adopted Budget

Capital Improvement Program

Introduction

REVENUE SOURCES Funding for the Capital Improvement Program comes from many sources, primarily pay-go (general fund, recordation tax, and impact fee), bonds (general fund, recordation tax, and impact fee), enterprise user fees, state & federal grants and developer participation. Revenue sources are increasing, however balancing requests with available cash and “affordable” debt will continue to impact the CIP. ADOPTED General Fund 130,711,325 General Fund Bonds/Lease 349,643,141 Recordation Taxes - Parks 27,790,261 Recordation Tax Bonds - Parks 8,430,978 Recordation Taxes - Schools 17,400,000 Recordation Tax Bonds - Schools 10,600,000 Impact Fees - Library 4,492,208 Impact Fees Bonds -Library 3,000,000 Impact Fees -Schools 52,441,599 Impact Fee Bonds - Schools (494,000) Mitigation Fees - Schools 11,000,000 Enterprise Fund Pay-go 13,133,381 Enterprise Fund Bonds 61,350,857 Grants - State 101,055,586 Grants - Federal 15,566,033 Cash - Forward Fund State 22,460,209 Other 135,683,273 Total 964,264,851 $ *Includes $2.1 million from reserve funds

Revenue Sources

Other 14%

General Fund Pay- go 14%

Forward Fund 2%

General Fund Bonds/Capital Lease 36%

Grants 12%

Enterprise Fund Pay- go/Bonds 8%

Mitigation Fee Pay- go 1%

Impact Fee Pay- go/Bonds 6%

Recordation Tax Pay-go/Bonds 7%

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