HomeMy WebLinkAboutFive Year Plan Capital Projects Plan Adopted June 5 2003Iredell County 5-Year Capital Projects Plan
June 5, 2003
Currently Funded
Capital Reserve
Currently Financed
To be Financed
School Capital Outlay & Other
°
This 5-vr. Plan includes $1,390,000 from General Fund in Year t. Year 2,
$1,565,000. Years 3-5 are $1,500,000 annual transfers from General Fund.
FY 2002-2003
FY 2003-2004
FY 2004-2005
FY 2005-2006
FY 2006-2007
Total Project
Complete By
Proieet Description
Quarter
1 2 3 4 FY Spending
Quarter
1 2 3 4 FY Spending
Quarter
1 2 3 4 FY Spending
Quarter
1 2 3 4 FY Spending
Quarter
1 2 3 4 FY Spending
Projects in Progress
1CGC-south
$100,000 FF&E
#######
100,000
1,240,920
-
3,770,000
100,000
July, 2003
Total Project $3,870,000
New Public Library
Total Project $6,377,680
814,000
4,628,800
934,880
6,377,680
November, 200
Priority Projects
1 F777DSS -Eastside Drive
42-45,000 sf @ $125/SF; DD & FFE
Total Cost $6,470,600
2,427,300
-
#######
-
6,470,600
-
April, 2005
2 ICGC-S - Upfit for NCDENR 145,625
26,800 sf * 42/sf, + design, sitework
Total Project $7,750,000
1,053,375
551,000
1,750,000
November, 200
3
Utility Extension - Hwy 21 N.
Sewer Line to Jail Annex
457,905
200,000
42,095
500,000
200,000
2006
$1,000,000
300,000
300,000
4
Existing Library Renovation -
Tax Offices, Elections, Mapping
971,905
28,095
1,000,000
September, 200
17,830 SF
Total Project $1,000,000
5
DSS Center Renovation
100,000
100,000
June, 2006
Plan&Enforcement/vets Ser $40,000
Demo 2-storyy addn?Storage? $60,000
Total Project $1OQ000
FY 2002-2003
FY 2003-2004
FY 2004-2005 FY 2005-2006
FY 2006-2007
Total Project
Complete By
Quarter
Quarter
Quarter Quarter',
Quarter
1 2 3 4
FY Spending
1 2 3 4
FY Spending
1 2 3 4 FY Spending 1 2 3
4 FY Spending
1 2 3 4 FY Spending
6 Facility Services
175,000
175,000
March 1, 2004
New 7,500 sf building for storage
and equipment
Total Cost $175,000
7
EMS Base - Main - South
500,000
500,000
December, 200
Move Base from ICGC-S
Total Project $500,000
8
EMS Satellite Base
400,000
400,000
2007
Williamson & Brawley
Total Project $400,000
Total Expenditures):I[#######
########
#######
#######
21,643,280
Currently Funded
Capital Reserve (annual $1.5 million)
Currently Financed
To be Financed
School Capital Outlay/Other Commitments
Fundin Sources
Library -Currently funded from Capital Reserve814,000
4,628,800
934,880
6,377,680
ICGC-South Financing Proceeds on hand
#######
1,240,920
3,770,000
2,427,300
#######
6,470,600
Financing to Complete - uss~
200,000
..
200,000
School Capital Outlay -Sewer Project '',
Municipal/Business Commitments
300,000
300,000
Capital Reserve
Add: Balance on hand 2/28/03
366,905
Annual Appro from Gen Fund
1,390,000
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####### #######
Deduct: Annual Expenditures
245,625 1,511,280
#######
####### 4,525,000
Balance in Capital Reserve
121,280
296,905
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#######I
#######
21,643,280