Capital Improvements Program FY 2015 - 2024

City of Greensboro

2015-2024 Capital Improvements Program

ACCOUNT NUMBER 471-4502-09

RESULT AREA

PROGRAM 2008 Bond Program DISTRICT Var

DEPARTMENT Infrastructure

402-4303-01

Tracking#

159

Field Operations

PROJECT TITLE Street Maintenance (Resurfacing, Sidewalks, & Bridges)

TYPE REQUEST Continuation

PROJECTED START

PROJECTED COMPLETION

Spring 2012

Summer 2022

PROJECT DESCRIPTION These funds will be used to resurface various streets as determined by the Field Operations Department Pavement Management Program, perform bridge maintenance identified through the NBIS inspection program, and repair existing sidewalks to improve pedestrian safety.

Approved Funding: Estimated Budget: BUDGET INFORMATION

BUDGET COMMENTS

$5,000,000 $86,500,000

Improvements will be funded through a combination of state gasoline tax revenues, grants, and 2008 authorized Transportation bonds. For FY16-21, annual goal of $4.6M resurfacing, $200K per yr bridge maintenance, & $100K per yr sidewalk maintenance. Anticipated needs for street maintenance through FY 23 are estimated at $71,500,000 but no bond issuance is anticipated in the near future.

Expenses

Fiscal Year

Planning/Design

Land

Construction

Equipment

Fiscal Year Total

14 15 -

0

0

3,000,000

0

3,000,000

15 16 -

0

0

3,000,000

0

3,000,000

16 17 -

0

0

2,000,000

0

2,000,000

17 18 -

0

0

1,000,000

0

1,000,000

18 19 -

0

0

1,000,000

0

1,000,000

19 24 -

0

0

76,500,000

0

76,500,000

Total

0

0

86,500,000

0

86,500,000

Revenue

Fiscal Year 14 15 - 15 16 - 16 17 - 17 18 - 18 19 - 19 24 -

General Fund

Enterprise Fund

Grants

Authorized Bonds

Unauthorized Bonds

Unauthorized Bonds 2

Revenue Bonds

Other Revenue

Fiscal Year Total 3,000,000

0

0

1,000,000

2,000,000

0

0

0

0

0

0

1,000,000

2,000,000

0

0

0

0

3,000,000

0

0

1,000,000

1,000,000

0

0

0

0

2,000,000

0

0

1,000,000

0

0

0

0

0

1,000,000

0

0

1,000,000

0

0

0

0

0

1,000,000

0

0

5,000,000

0

71,500,000

0

0

0

76,500,000

Total

0

0

10,000,000

5,000,000

71,500,000

0

0

0

86,500,000

Operating Impact

Maintenance Operations

Fiscal Year

Personnel

Capital Outlay

Revenues

Fiscal Year Total

- 14 15 - 15 16 - 16 17 - 17 18 - 18 19 - 19 24

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Total

0

0

0

0

0

59

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