2006 capital improvement budget capital improvement plan to capital improvement budget receive...
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2006 Capital 2006 Capital Improvement BudgetImprovement Budget
Capital Improvement Plan to Capital Capital Improvement Plan to Capital Improvement BudgetImprovement Budget
Receive further directionReceive further direction Property Tax ProjectsProperty Tax Projects Parks and Recreation Projects (sales tax)Parks and Recreation Projects (sales tax)
2006 Capital 2006 Capital Improvement to Capital Improvement to Capital BudgetBudget
Projects Compiled into a Draft CIP for Review by the Projects Compiled into a Draft CIP for Review by the Planning CommissionPlanning Commission
Projected Resources Available in 2006 for the Capital Projected Resources Available in 2006 for the Capital BudgetBudget
Created Funding Options for City Commission Created Funding Options for City Commission discussion and directiondiscussion and direction
City Manager recommends Operating and Capital City Manager recommends Operating and Capital Improvement Budget Improvement Budget
2006 Capital 2006 Capital Improvement to Capital Improvement to Capital BudgetBudget
$18,573,000 of projects proposed for $18,573,000 of projects proposed for 20062006 $8,525,000 - City Cost of proposed $8,525,000 - City Cost of proposed
projects projects $7,848,000 – Funded by federal or state $7,848,000 – Funded by federal or state
grants and benefit districtsgrants and benefit districts $2,200,000 - Kasold Bridge over KTA – no $2,200,000 - Kasold Bridge over KTA – no
cost to city, funded by State and cost to city, funded by State and CountyCounty
2006 Projected Submitted for 2006Funding Source: GO Bonds backed by Property Tax
Rank Points Project title and description City Sharetotal cost
(2006 dollars)
1 18 KLINK - mill & overlay surface on Iowa Street - 9th to Irving Hill Bridge $400,000 $600,000
2 16 Kasold - Bob Billings Pkwy to 22nd $3,700,000 $3,700,000
3 15 19th & Louisiana - renovation of intersection $550,000 $550,000
15 Intersection Improvement - Harvard / Wakarusa $250,000 $250,000
15 Complete Partial Parallel Taxiway $17,500 $350,000
15 Carnegie Library Building Renovations to secure and makeusable $600,000 $700,000
4 14 Kasold - Peterson to KTA $560,000 $1,900,000
5 13 Kasold Bridge over KTA $0 $2,200,000
13 Queens Rd - 6th St N - arterial with geometric improvements $1,000,000 $2,500,000
13 Bike / Ped - Univ Pl. $40,000 $40,000
13 Bike / Ped -Naismith - Sunnyside to W 23rd $53,000 $53,000
6 11 Traffic Calming on selected streets in University PlaceNeighborhood $230,000 $230,000
7 9 GWW - 6th St N $1,000,000 $3,000,000
8 8 Improve Runway 15-33 Safety Area to Category C-11 $100,000 $2,000,000
9 4 Install Perimeter/Security Fence and Access Control $25,000 $500,000
TOTAL EST. COST OF ALL PROJECTS PROPOSED IN CIP FOR 2006
$8,525,500 $18,573,000
2006 Capital Budget – 2006 Capital Budget – Property Tax OptionsProperty Tax Options
Established Three Funding TiersEstablished Three Funding Tiers No levy increase, 0.25 mill increase, 0.50 No levy increase, 0.25 mill increase, 0.50
mill increasemill increase 2005 debt levy = 7.07 mills2005 debt levy = 7.07 mills 6% annual increase in valuation6% annual increase in valuation
2006 Capital Budget 2006 Capital Budget Property Tax Tier One - no Property Tax Tier One - no increaseincrease
Option C
Rank
Project
Description
City
Cost
1 KLINK- mill & overlay $400,000
2 Kasold- Bob Billings Prkwy to 22nd 3,700,000
3 Harvard/Wak 250,000
3 Taxiway 17,500
5 Kasold Bridge 0
TOTAL $4,367,500
Option B
Rank
Project
Description
City
Cost
1 KLINK $400,000
3 19th and LA 550,000
3 Harvard/Wak 250,000
3 Carnegie 600,000
3 Taxiway 17,500
5 Kasold Bridge 0
5 Queens Rd. 1,000,000
5 Univ Pl Bike/Ped* 40,000
5 Naismith St Bike/Ped 53,000
6 Univ Pl Traffic Calm 230,000
7 GWW 1,000,000
8 Runway 100,000
9 Airport Fencing 25,000
TOTAL $4,265,500
Option A
Rank
Project
Description
City
Cost
1 KLINK- mill & overlay $400,000
2 Kasold- Bob Billings Prkwy to 22nd 3,700,000
5 Kasold Bridge 0
TOTAL $4,100,000
2006 Capital Budget2006 Capital BudgetProperty Tax Tier Two - 0.25 Property Tax Tier Two - 0.25 millmill
Option B
Rank
Project
Description
City
Cost
1 KLINK- mill & overlay $400,000
2 Kasold- Bob Billings Prkwy to 22nd 3,700,000
3 19th and Louisiana 550,000
3 Harvard / Wakarusa 250,000
3 Carnegie Library 600,000
3 Partial Parallel Taxiway 17,500
4 Kasold – Peterson to KTA 560,000
5 Kasold Bridge 0
5 Univ. Pl Bike/Ped* 40,000
5 Naismith St Bike/Ped 53,000
8 Runway Safety Area 100,000
9 Airport Fencing 25,000
TOTAL EST. COST $6,295,500
Option A
Rank
Project
Description
City
Cost
1KLINK- mill & overlay
$400,000
2Kasold- Bob Billings Prkwy to 22nd 3,700,000
3 19th and Louisiana 550,000
3 Harvard / Wakarusa 250,000
3 Carnegie Library 600,000
3 Partial Taxiway 17,500
4Kasold – Peterson to KTA
560,000
5 Kasold Bridge 0
TOTAL EST. COST $6,077,500
Rank Project title and description City Share
1 KLINK mill & overlay $400,000
2 Kasold - Bob Billings Pkwy to 22nd $3,700,000
3 19th & Louisiana $550,000
Harvard / Wak $250,000
Partial Taxiway $17,500
Carnegie Library $600,000
4 Kasold - Peterson to KTA $560,000
5 Kasold Bridge over KTA $0
Queens Rd - 6th St N improvements $1,000,000
Bike / Ped - Univ Pl. $40,000
Bike / Ped -Naismith $53,000
7 GWW - 6th St N $1,000,000
9 Airport Fencing $25,000
TOTAL $8,195,500
2006 Capital Budget 2006 Capital Budget Property Tax Tier Three - 0.50Property Tax Tier Three - 0.50
2006 Capital Budget – 2006 Capital Budget – Property Tax OptionsProperty Tax Options
Discussion / DirectionDiscussion / Direction
2006 Capital Budget – 2006 Capital Budget – Sales Tax OptionsSales Tax Options
$3,286,000 of parks and recreation $3,286,000 of parks and recreation projects were proposed in the Capital projects were proposed in the Capital Improvement Plan for 2006Improvement Plan for 2006 No outside fundingNo outside funding
Score Sheet - Parks/Rec Projects Submitted for 2006Funding Source: GO Bonds backed by Sales Tax
RankTotalpoints Project title and description City Share
total cost (2006 dollars)
1 20 Park & Recreation Facility Renovation - revamp variety of neighborhood parks and recreation facilities such as Centennial, Broken Arrow, Hobbs, Clinton, South Park, and Holcom Parks $200,000 $200,000
2 14 Park & Open Space Acquisition - Purchase additional neighborhood parks in all areas of community per comprehensive plan $300,000 $300,000
3 13 Clinton Park - Renovate park per Clinton Park master plan $250,000 $250,000
4 12 Clinton Lake Regional Park - Begin development of a regional park on the 1612 acre leased area at Clinton Lake. 1. Roadways & Utilities-$426,000 2. PracticeFields $293,000 $719,000 $719,000
5 11 BSNF Rail-Trail Expansion - Add trails to variety of parks per Parks & Recreation comprehensive plan to connect neighborhoods to parks $300,000 $300,000
6 10 Green Meadows Neighborhood Park - Phase I - Development of a newNeighborhood park in the Green Meadows Subdivision area. Masterplancompleted in 2000 $242,000 $242,000
7 9 Peterson Road Park - Phase I - Development of a new neighborhood park inthe north central portion of the City on land donated by Hallmark Cards, Inc.Master plan for this 23-acre park completed in 2000 $250,000 $250,000
9 Greenbelt Park - Begin development of 40-acres greenbelt park east ofLangston Hughes Elementary School. Master plan being developed $500,000 $500,000
8 8 City Entryway Improvements - "Welcome To Lawrence" sign and landscaping at major traffic entryway to Lawrence west on Hwy 40 by SLT $25,000 $25,000
8 Fieldhouse Facility - Phase in a multi-use facility to include gymnastics Program $500,000 $500,000
TOTAL EST. COST OF ALL PROJECTS SUBMITTED FOR 2006 IN CIP $3,286,000 $3,286,000
2006 Capital Budget – 2006 Capital Budget – Further Direction Further Direction
Finance selected projects through a mix of Finance selected projects through a mix of cash and debtcash and debt
Debt finance all proposed projects - 2Debt finance all proposed projects - 2ndnd generation bondsgeneration bonds
$309,000 paid off in 2005 = $2,950,000 of annual $309,000 paid off in 2005 = $2,950,000 of annual debt support starting in 2006 debt support starting in 2006
$514,000 paid off in 2006 = $4,950,000 of annual $514,000 paid off in 2006 = $4,950,000 of annual debt support starting in 2007debt support starting in 2007
2006 Capital Budget- 2006 Capital Budget- Sales Tax OptionsSales Tax Options
Discussion / DirectionDiscussion / Direction