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HomeMy WebLinkAboutJune_2005_Update-FiveYearCapital PlanApproved by the Iredell County Board of Commissioners June 7, 2005 Currently Funded Capital Reserve Currently Financed To be Financed Other Project Description F'Y 2004-2005 FY 2005-2006 FY 2006-2007 FY 2007-2008 FY 2008-2009 Total Project Quaver Quarter Quaner Quarter Quaver 11213141 F'Y 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 Projects in Progress New Public Library Total Project $6,377,6'80 934,880 - - 934,880 - DSS - Eastside Drive 42-45,000 sf Ck $125/SF; DD & FEE Total Cost $6,470,600 4,248,700 2,427,300 6,676,000 - - Existing Library Renovation Tax Offices, Mapping 17,830 sq. ft. Est. $1,500,000 800,000 535,000 - 1,335,000 - - DSS Center St. Renovation Plan & Enforcement/Vets Service 'Total Project $925,000 - 365,000 560,000 925,000 Priority Projects EMS Base -Statesville New Main Base $1,000,000 over 2 years 225,000 775,000 1,000,000 Facility Services Move into EMS Meeting St. Facility - GF Budget EMS Base - Main - South Move Base from ICGC-S Total Project $500,000 500,000 500,000 ICGC-South HVAC Renovation Eliminate Steam Boiler & Steam Heat - - 200,000 50,000 250,000 f i i i Total Expenditures 5,983,580 4,052,300 1,335,000 200,000 50,000 11,620,880 Funding Sources Library -Currently funded from Capital Reserve Financing to Complete - DSS Capital Reserve Add: Balance on hand 2/28/03 Annual Appro from Gen Fund/Interest Earn, Deduct: Annual Expenditures Balance in Capital Reserve 934,880 4,248,700 - 800,000 144,577 5,983,580 2,427,300 1,500,000 1,625,000 19,577 4,052,300 1,500,000 1,335,000 184,577 1,3359000 1,500,000 200,000 1,484,577 2009000 1,500,000 50,000 2,934,577 50,000 934,880 6,676,000 4,010,000 11,620,880