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Home My WebLink AboutCapital Improvement Plan documentProposed June 17, 2013 Town of Westlake 3 Village Circle #202 * Westlake, Tx 76262 DR A F T Table of Contents 11.. IINNTTRROODDUUCCTTIIOONN Introduction 1 Funded and Proposed Capital Projects 7 Unfunded (Under Discussion) Capital Projects 8 22.. PPAA RRKKSS AANNDD RREECCRREEAATTIIOONN Overview 9 Funded Projects 10 Unfunded Projects (Under Discussion) 15 33.. FFAA CCIILLII TTII EESS Overview 17 Funded Projects 18 Unfunded Projects (Under Discussion) 21 44.. TTRRAA NNSSPPOORRTTAATTIIOONN IIMMPPRROOVVEEMMEENNTTSS Overview 29 Funded Projects 30 Unfunded Projects (Under Discussion) 40 55.. VVEEHHIICCLLEESS AA NNDD EEQQUUIIPPMMEENNTT Overview 41 Capital Maintenance & Replacement 42 Replacement & Depreciation Guidelines 43 66.. UUTTII LLII TTYY IIMMPPRROOVVEEMMEENNTTSS Overview 47 Funded Projects 48 DR A F T Town of Westlake Vision Statement Westlake is an oasis of tranquility and natural beauty amidst an ever expanding urban landscape. Vision ~ Values ~ Mission The Town of Westlake Capital Improvement Plan is guided by the Town’s vision, core values and organizational mission. Our vision recognizes the attributes we cherish as a community and sets the standard for the Westlake that we want to see in the tomorrows that are yet to be. Mission Statement “On behalf of the citizens, the mission of the Town of Westlake is to be a one-of-a-kind community that blends our rural atmosphere with our vibrant culture and metropolitan location.” Vision Points ~ A SENSE OF PLACE ~ Distinctive neighborhoods, architecturally vibrant corporate campuses, grazing longhorns, soaring red-tailed hawks, meandering roads and trails, lined with natural stone and native oaks.  ~ WE ARE LEADERS ~ A premiere place to live, leadership in public education, corporate and governmental partnerships, and high development standards.  ~ WE ARE A CARING COMMUNITY ~ Informed residents, small town charm and values, historical preservation.  ~ EXEMPLARY GOVERNANCE ~ Town officials, both elected and appointed, exhibit respect, stewardship, vision, and transparency.  ~ SERVICE EXCELLENCE ~ Public service that is responsive and professional, while balancing efficiency, effectiveness and financial stewardship. Community Values Innovation  Educational Leaders  Family Friendly and Welcoming  Engaged Citizens  Preservation of Our Natural Beauty  Strong Aesthetic Standards  Transparent Government  Fiscal Responsibility  DR A F T 1 CAPITAL IMPROVEMENT PLAN Introduction This document provides a comprehensive plan of capital improvements that are to be undertaken by the Town over the next five (5) years. Cost estimates and financing methods for the improvements are included and are referenced by individual project. The development of the Town’s Capital Improvement Plan is one of the more complex and multi-faceted processes of the Town. Striking a balance between the needs and interests of the residents and the financial capacity of the Town is a challenging proposition. For this community vision to have meaning, it must be accompanied by deliberate planning that leads the organization and community to its desired future. This requires clearly defined goals, proactive strategies, committed leadership, effective management and above all, the resources to carry out these plans and objectives. What is a CIP? First, what it is not; a CIP (Capital Improvement Plan) is not a wish list, rather it is a realistic plan designed to fulfill the strategic goals and objectives necessary to achieve the mission and vision of the community. A CIP is a multi-year document that summarizes the capital needs of a community over a specific time period. It outlines the individual capital projects, their strategic value and relationship to the community’s long-term goals and objectives as well as the fiscal impact that they pose to the community. Why have a CIP? • Informs the employees, departments, elected officials and the public of an entity’s intent to invest in its infrastructure and community • Represents a long-term financial plan and identifies resources or financing strategies that an entity plans to use to fund the plan • Establishes priorities and serves as a planning document or blueprint for an organization’s investment in capital infrastructure both short-term and long-term • Provides a breakdown of major project costs and phasing as necessary • DOES NOT appropriate money CIP Prioritization Strategy – Preserve * Protect * Plan • Preserve the past by investing in the continued upgrade of town assets and infrastructure • Protect the present with improvements and/or additions to facilities, roads, and capital investments • Plan for the future of the organization What is a Capital Project? Capital includes all long-lived infrastructures such as water facilities, sewers, streets, parks and buildings along with major equipment like fire trucks, radio systems, vehicles, computers and fixtures. Capital projects are the individual action plans that make up a Capital Improvement Plan. The capital projects in this CIP have been categorized into the following groups: Parks & Recreation, Facilities, Transportation, Vehicles and Utilities. DR A F T 2 Land, 25% Capital Improvements, 26% Buildings & Improvements, 38% Machinery & Equipment, 6% Wastewater Treatment Rights, 1% Construction in Progress, 4% Capital Assets By Major Category (per the FY2012 Comprehensive Annual Financial Report) Capital Assets by Category When most people think of the Town’s capital assets, they automatically think of the Westlake Academy campus. While the campus is certainly a very important and visible asset owned by the Town, it is but one of many. Included in the assets of the Town are all of the Town’s infrastructure such as its streets, water and sewer mains, vehicles and other equipment. In preparing this year’s CIP, the staff utilized our annual audit to determine value of the Town’s assets. The chart to the right depicts the Town’s capital assets from the Comprehensive Annual Financial Report (page 12) as of Fiscal Year Ended September 30, 2012. Funding Considerations In all communities the cost associated with capital projects far outweighs the available resources necessary to pay for them; in short there is not enough money. This requires prioritization of the projects based upon their perceived impact on the community. Due to the vast number of individual desires it is near impossible to satisfy everyone and requires a collaborative effort to create situations where the benefits are shared equitably with community stakeholders. In addition, dedicated revenues will, in most cases, determine which projects get funded. For example, the Utility Fund may only contribute towards capital projects that improve water and wastewater projects. Sources of Funding There are four primary funding sources for capital improvements: 1. Cash Funding (revenue sources such as sales, hotel/motel and property taxes) 2. State/Federal funding (public grants) 3. Private Funding (developmental impact fees or charitable donations) 4. Bond Issuance The proposed projects in this CIP rely on bond proceeds and other revenues in the Governmental and Enterprise Funds as well as contributions from corporate partners for funding. There are two types of bonds: General Obligation (GO) bonds which require voter approval and Certificates of Obligation (CO) bonds which do not require voter approval. The current CIP is funded primarily from four sources: Capital Projects & Utility funds (cash on hand), Contributions and CO bonds. How Inflation Impacts the CIP Inflation is defined as a rise in the price of all goods and services over time. This implies that the purchasing power, or value, of currency will decline in the future relative to costs. Therefore, more money will be required to fund CIP related expenditures and must be accounted for. This data is important in calculating the Town’s future liability; by utilizing inflation trends to calculate future capital replacement costs, we can determine how ‘waiting’ a year or more impacts the total project cost. Most are aware of the benefits of DR A F T 3 Parks, Trails & Cemetery 7% Facilities Improvements 2% Transporation Improvements 39% Utility Improvements 10% Westlke Academy Expansion 43% Funded Projects by Major Category Five Year $15,933,805 $0 $2 $4 $6 $8 $10 $12 FY 13/14FY 14/15FY 15/16FY 16/17FY 17/18 $0.00 $3.53 $5.32 $8.54 $11.70 $9.19 $3.89 $0.27 $1.04 $1.55 UNFUNDED FUNDED compounding when it comes to investing. Unfortunately, this same principle works in reverse as inflation causes costs to compound higher over time. Overview The Capital Improvement Plan for fiscal years 2013 through 2018 presents the Town’s plan for infrastructure development and improvements. On April 23, 2012, the Town Council adopted the second annual plan (FY 2012-2017). These original projects as well as additional staff recommended projects are included in this plan. The Capital Improvement Plan is evaluated annually by the Town leadership to determine the financial availability of resources for design, construction, operations, and maintenance. The following chart provides a graphical comparison of the previous capital improvement plans. The majority of capital improvements in Westlake have been unfunded. These projects represent capital needs that are subject to more discussion and are included to convey to the Town leaders and other interested parties the general parameters and breadth of those capital needs. These projects may be moved to the “Funded” section of this CIP in future years, depending on priorities, funding availability, and other considerations. Several of these projects such as the permanent fire station and municipal complex are multi-million dollar projects that have been carried forward since the Academy Complex was established. Balancing these priorities, while at the same time being cognizant of the fiscal challenges of our Town, means not all priorities can be addressed. Funded vs Unfunded (Under Discussion) Capital Improvements This multi-year capital plan will provide Council with a guide that communicates the program need or deficiency, as well as the funding requirements. It is important to note that projects which do not receive funding in a given year are moved out to the future years in order to communicate to those with decision making responsibility the need to provide necessary funding, or through evaluation, eliminate the project entirely. DR A F T 4 Funding of Previously Adopted and Current Proposed Projects On page 6 of the Capital Improvement Plan adopted in April of 2012, it was noted that the Town staff anticipated issuing bonds in the amount of $2,095,000 in FY 13/14. Some of the approved projects have been shifted to future years due to various circumstances; therefore, we will not be issuing this debt in FY 13/14. Instead, we anticipate a $2.1M issuance in FY 14/15 and another in FY 16/17 in the amount of $2.6. These Certificates of Obligations along with cash previously approved and an additional $340K should cover the financing needs for the projects previously approved as well as the proposed projects included in this CIP. Previously Adopted Projects to be completed in FY 12/13 Parks/Trails/Cemetery • Westlake Academy North Driveway Lighting Transportation Improvements • Streets Survey • Stagecoach Hills Reconstruction/Drainage • Roanoke Road Reconstruction/Drainage North • Hwy 377 Westport Parkway Signal • Hillwood Projects Utility Improvements • N1 Sewer Line Transfer I&I Repairs • Stagecoach Hills Waterline Phase II Previously Adopted Projects – To be completed in future years Parks/Trails/Cemetery • Trail Connection at Hwy 114/Solana Facilities Improvements • Westlake Academy – Phase I Expansion Transportation Improvements • FM1938 Streetscape Improvements • SH114/Hwy170 Enhancements • Roanoke Road Reconstruction/Drainage South • Sam School Rd Reconstruction/Drainage • Dove Rd Reconstruction/Drainage (Vaquero/Terra Bella) DR A F T 5 Utility Improvements • Ground Storage Tank • N1 Sewer Line Transfer Proposed Projects for FY 2014-2018 Parks/Trails/Cemetery - $1,070,300 • Glenwyck Farms Park Improvements • Trail – Fidelity Campus to Westlake Parkway • Trail – Westlake Academy to Cemetery • Trail – Dove / Pearson / Aspen Facilities Improvements - $99,000 • Outdoor Warning System Transportation Improvements - $2,038,410 • Hwy 377 Landscape Improvements • Ottinger Road Bridge Creek Crossing • Ottinger Road Reconstruction & Drainage • Wyck Hill Resurface • Pearson Lane Reconstruction & Drainage Conclusions Capital Improvement Plans play an integral role in helping a municipality reach its stated strategic objectives. Equally important to the capital project development process are funding and economic considerations. Prudent financial stewardship should be based on cost minimization and long-range strategic capital preservation. While there are many methods for funding capital projects, consideration to who benefits from the project, the life of the capital asset and the affordability of the funding method are all important factors to consider. DR A F T 6 ALL FUNDED AND PROPOSED CAPITAL PROJECTSFIVE YEAR PROJECTION TOTAL Page Proj Totals Thru FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FIVE YEAR PROJECTS No.No.Project Description FY 11/12 Estimated TOTAL COST CAPITAL PROJECT FUNDS 10 CP42 Trail Connection at Hwy 114/Solana - - 15,000 10,000 15,450 - - 40,450 40,450 11 CP50 Glenwyck Farms Park Improvements - - - 250,000 - - - 250,000 250,000 12 CP51 Trail - Fidelity to Westlake Pkwy - - - 270,600 - - - 270,600 270,600 13 CP52 Trail - Westlake Academy to Cemetery - - - - - - 276,100 276,100 276,100 14 CP53 Trail - Dove/Pearson/Aspen - - - - - 273,600 - 273,600 273,600 CY CP46 WA North Driveway Lighting - 40,000 - - - - - - 40,000 40,000 15,000 530,600 15,450 273,600 276,100 1,110,750 1,150,750 18 CP54 WA - West parking Improvements - - 200,000 - - - - 200,000 200,000 19 CP55 Outdoor Warning System - - 99,000 - - - - 99,000 99,000 CY CP29 WA Dining Hall Improvements 78,085 - - - - - - - 78,085 20 WA WA Expansion 36,398 1,650,000 5,708,601 1,105,001 - - - 6,813,602 8,500,000 1,105,001 - - - 30 CP20 FM1938 Streetscape Improvements 938,076 75,000 1,241,879 739,100 253,100 - - 2,234,079 3,247,155 CY CP26 Mahotea Boone Recon/Drain 88,191 - - - - - - - 88,191 CY CP28 Streets Survey 49,235 - - - - - - - 49,235 31 CP30 SH114/Hwy170 Enhancements 7,500 345,460 301,570 336,000 - - - 637,570 990,530 31 CP30 SH114/Hwy170 Enhancements 89,370 89,370 89,370 CY CP31 Stagecoach Hills Recon/Drain 413,926 84,974 - - - - - - 498,900 CY CP32 Roanoke Road Recon/Drain North 160,732 1,248 - - - - - - 161,980 CY CP33 Aspen Lane Recon/Drain 214,022 - - - - - - - 214,022 32 CP34 Roanoke Road Recon/Drain South 2,900 - - 453,000 - - - 453,000 455,900 33 CP40 Sam School Rd Recon/Drainage - - - 216,000 - - - 216,000 216,000 34 CP41 Dove Rd Recon/Drain (Vaq/TB) - - - 509,945 - - - 509,945 509,945 CY CP47 Hwy 377 Westport Parkway Signal 50,000 28,650 - - - - - - 78,650 35 CP56 HWY 377 Landscape Improvements - - - - - - 700,000 700,000 700,000 36 CP57 Ottinger Road Bridge Creek Crossing - - - - - 330,000 - 330,000 330,000 37 CP58 Ottinger Road Recon/Drainage - - - - - - 572,710 572,710 572,710 38 CP59 Wyck Hill Resurface - - - - - 54,450 - 54,450 54,450 39 CP60 Pearson Lane Recon/Drainage - - - - - 381,250 - 381,250 381,250 CY CP45 Hillwood Projects 99,648 168,859 - - - - - - 268,507 CY CP45 Hillwood Projects - 861,583 - - - - - - 861,583 1,632,819 2,254,045 253,100 765,700 1,272,710 6,178,374 9,768,379 TOTAL CAPITAL PROJECTS FUNDS 2,138,714 3,255,774 7,655,420 3,889,646 268,550 1,039,300 1,548,810 14,401,726 19,796,214 UTILITY FUND 500 48 UF30 TRA Assumption of N-1 Sewer Line - - 82,967 - - - - 82,967 82,967 CY UF31 N1 Sewer Line Transfer I&I Repairs 171,122 75,004 - - - - - - 246,126 49 UF36 Ground Storage Tank (Bonds)3,088 47,800 949,113 - - - - 949,113 1,000,000 49 UF36 Ground Storage Tank (Cash)- - 500,000 - - - - 500,000 500,000 CY UF37 SC Hills Waterline Phase II 234,381 42,420 - - - - - - 276,801 TOTAL UTILITY FUND 408,590 165,224 1,532,079 - - - 1,532,079 2,105,894 2,547,304 3,420,998 9,187,499 3,889,646 268,550 1,039,300 1,548,810 15,933,805 21,902,107 Totals Thru FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FIVE YEAR FY 11/12 Estimated TOTAL TOTAL Previously Adopted Projects Cash 1,343,579 1,094,008 672,337 567,100 253,100 - - 1,492,537 3,930,123 Contributions Cash 1,241,879 172,000 1,413,879 1,413,879 FY 10/11 - $2.095M Bonds previously issued Bonds 1,164,239 629,191 301,570 - - - - 301,570 2,095,000 FY 12/13 - $9.500M Bonds previously issued Bonds 39,486 1,697,800 6,657,714 1,105,001 - - - 7,762,715 9,500,000 FY 14/15 - New Projects Bonds - - - 2,035,545 - - - 2,035,545 2,035,545 FY 16/17 - New Projects Bonds - - - - - 1,039,300 1,548,810 2,588,110 2,588,110 New Projects Cash - - 314,000 10,000 15,450 - - 339,450 339,450 TOTAL $ 2,547,304 $ 3,420,998 $ 9,187,499 $ 3,889,646 $ 268,550 $ 1,039,300 $ 1,548,810 $ 15,933,805 $ 21,902,107 8,877,085 6,007,601 7,112,602 - - - - - - - - - - - - Five Year Projection - - - - - - - - - - TOTAL FUNDED CAPITAL PROJECTS  new project added this year Sub-Total - Park/Trails/Cemetery Sub-Total - Road/Street Improvements Sub-Total - Facilities Improvements - - - - - - - - - - - - Five Year Projection - - - - - - - - - - - - 114,483 2,024,231 1,565,774 1,650,000 DR A F T 7 ALL FUNDED AND PROPOSED CAPITAL PROJECTSFIVE YEAR PROJECTION Page Proj Totals Thru FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 GRAND No.No.Project Description FY 11/12 Estimated TOTAL 15 Cemetery Improvements - - - 63,000 31,800 125,000 125,000 344,800 16 10-20 Acre Community Park - - - 3,120,000 1,620,000 - - 4,740,000 Total Park/Trails/Cemetery - - - 3,183,000 1,651,800 125,000 125,000 5,084,800 21 Municipal Building - - - 344,100 3,242,100 - - 3,586,200 22 Fire Station Complex - - - - 372,000 4,798,560 - 5,170,560 23 Maintenance and Storage Facility - - - - - - 10,000 10,000 24 WA - Sport Field Complex - - - - - 83,750 2,856,000 2,939,750 25 WA Phase II - 15 classroom Secondary Addition - - - - 56,343 2,513,100 - 2,569,443 26 WA Phase II - 4 Classroom Kindergarten Addition - - - - - 1,023,620 - 1,023,620 27 WA Phase III - Art & Science Classrooms - - - - - - 1,878,080 1,878,080 28 WA Phase III - Performing Arts Center - - - - - - 4,809,600 4,809,600 Total Facilities Improvements - - - 344,100 3,670,443 8,419,030 9,553,680 21,987,253 40 Dove & Randol Mill Traffic Circle - - - - - - 2,019,600 2,019,600 Total Road/Street Improvements - - - - - - 2,019,600 2,019,600 TOTAL UNFUNDED CAPITAL PROJECTS -$ -$ -$ 3,527,100$ 5,322,243$ 8,544,030$ 11,698,280$ 29,091,653$  new project added this year - - - - - - - - - - - - Five Year Projection - - - - - - - - - - - DR A F T 8 PARKS AND RECREATION OVERVIEW The Parks & Recreation Department is responsible for maintaining the Town’s parks and trails. The Town of Westlake provides residents with one Town Park which is located near the Glenwyck subdivision. The Town also maintains several trails located near the Glenwyck and Vaquero subdivisions. While many more trails have been discussed, no funding has been provided in recent years. In recent resident surveys parks and trails have consistently rated as high priority/low satisfaction items suggesting a need for improvement. One of the goals of the current CIP is to begin creating the trails that will provide connectivity from the Town’s West side to its Eastern limits as well as interconnectivity with neighboring jurisdiction’s trail systems. Adopted Projects – CIP FY 12-17 Projects to be completed in FY 12-13 • Westlake Academy North Driveway Lighting Projects to be completed in future years • Trail Connection at Hwy 114/Solana Proposed Projects – CIP FY 13-18 • Glenwyck Farms Park Improvements • Trail - Fidelity Campus to Westlake Parkway • Trail - Westlake Academy to Cemetery • Trail - Dove / Pearson/ Aspen Unfunded (Under Discussion) Projects • Cemetery Improvements • 10-20 Acre Community Park DR A F T 9 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - 10,000 - - - - 10,000 Construction - 15,000 - 15,450 - - - 30,450 Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - 15,000 10,000 15,450 - - - 40,450 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2011 CO $2.095M - 15,000 - - - - - 15,000 Unfunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - 15,000 - - - - 15,000 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - - - - - - - Rent & Utilities - - - - - - - - Debt Service - - - - - - - OPERATING IMPACT - - - - - - - FUNDED CAPITAL IMPROVEMENT Trail Connection at 114/Solana This project will be a cooperative effort between Westlake, Trophy Club, and Southlake consisting of the design and engineering of an intra-city trail system. The engineering/design costs will be shared with all cities. Construction and landscaping are estimated costs until engineering and design are completed. The Town continues to work with Cassidy Turley to construct the trail between Sam School Road and Hwy 114. 5 Year Projection 5 Year Projection PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET PROJECT EXPENSE DR A F T 10 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - - 10,000 - - - 10,000 Construction - - - 240,000 - - - 240,000 Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - - - 250,000 - - - 250,000 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2014/15 CO $2.1M - - - 250,000 - - - 250,000 Unfunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - - - 250,000 - - - 250,000 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - 1,030 1,590 2,180 2,800 7,600 Services - - 1,030 1,060 1,090 1,120 4,300 Insurance - - - 258 265 273 280 1,075 Repair & Maintenance - - - 1,030 1,590 2,180 2,800 7,600 Rent & Utilities - - - 2,060 2,120 2,180 2,240 8,600 Debt Service - - - - - - - - OPERATING IMPACT - - - 5,408 6,625 7,903 9,240 29,175 FUNDED CAPITAL IMPROVEMENT Glenwyck Farms Park Improvements 5 Year Projection 5 Year Projection 5 Year Projection PROJECT EXPENSE PROJECT FUNDING IMPACT ON OPERATING BUDGET Purchase of playground equipment, benches and ammmenities to be located along the current GlenWyck Farms and Terra Bella trail systems. This project would include additional features along trails, i.e. park benches, trash cans, stretching stations, mile markers, lighting and way finding signs etc. DR A F T 11 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - - 20,800 - - - 20,800 Construction - - - 208,000 - - - 208,000 Design - - - 41,800 - - - 41,800 Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - - - 270,600 - - - 270,600 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2014/15 CO $2.1M - - - 270,600 - - - 270,600 Unfunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - - - 270,600 - - - 270,600 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - - - Services - - - 2,060 2,120 2,180 2,240 8,600 Insurance - - - - - - - - Repair & Maintenance - - - 1,545 1,590 1,635 1,680 6,450 Rent & Utilities - - - 7,210 7,420 7,630 7,840 30,100 Debt Service - - - - - - - - OPERATING IMPACT - - - 10,815 11,130 11,445 11,760 45,150 FUNDED CAPITAL IMPROVEMENT 5 Year Projection IMPACT ON OPERATING BUDGET 5 Year Projection Trail - Fidelity Campus to Westlake Parkway on 114 PROJECT EXPENSE 5 Year Projection PROJECT FUNDING This project will provide connectivity from Hwy 114 to Capital Parkway along the east side of Westlake Parkway. DR A F T 12 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - - - - - 21,100 21,100 Construction - - - - - - 212,000 212,000 Design - - - - - - 43,000 43,000 Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - - - - - - 276,100 276,100 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2017/18 CO $2.6M - - - - - - 276,100 276,100 Unfunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - - - - - - 276,100 276,100 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - - - Services - - - - - - 3,360 3,360 Insurance - - - - - - - - Repair & Maintenance - - - - - - 896 896 Rent & Utilities - - - - - - 8,960 8,960 Debt Service - - - - - - - - OPERATING IMPACT - - - - - - 13,216 13,216 FUNDED CAPITAL IMPROVEMENT Trail - Westlake Academy to Cemetery 5 Year Projection 5 Year Projection 5 Year Projection PROJECT EXPENSE PROJECT FUNDING IMPACT ON OPERATING BUDGET This project will provide East to West interconnectivity within the Westlake trail system. Includes a primitive trail head on the Southeast corner of the cemetery property (primitive parking, restroom and water fountain). DR A F T 13 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - - - - 21,000 - 21,000 Construction - - - - - 210,000 - 210,000 Design - - - - - - - - Contingency - - - - - 42,600 - 42,600 Other - - - - - - - - EXPENDITURES TOTAL - - - - - 273,600 - 273,600 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2017/18 CO $2.6M - - - - - 273,600 - 273,600 Unfunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - - - - - 273,600 - 273,600 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - - - Services - - - - - 924 1,035 1,959 Insurance - - - - - - - - Repair & Maintenance - - - - - 4,044 4,529 8,573 Rent & Utilities - - - - - 8,720 8,960 17,680 Debt Service - - - - - - - - OPERATING IMPACT - - - - - 13,688 14,524 28,212 FUNDED CAPITAL IMPROVEMENT 5 Year Projection PROJECT EXPENSE 5 Year Projection Trail - Dove Road / Pearson Road / Aspen Lane PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET This project will provide connectivity from Aspen Lane north to Dove Road along the east side of Pearson Road. This will include crosswalk devices at the corner of Dove and Pearson. This project will be completed in conjunction with the Pearson Lane Reconstruction & Drainage to keep costs at a minimum. DR A F T 14 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - - - - - - - Construction - - - 60,000 60,000 60,000 60,000 329,050 Design - - - 15,750 - - - 15,750 Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - - - 63,000 31,800 125,000 125,000 344,800 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bond Issuance - - - - - - - - Unfunded - - - 63,000 31,800 125,000 125,000 344,800 Other - - - - - - - - FUNDING TOTAL - - - 63,000 31,800 125,000 125,000 344,800 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - - - Services - - - - - 5,450 5,600 11,050 Insurance - - - - - - - - Repair & Maintenance - - - - - 16,350 16,800 33,150 Rent & Utilities - - - - - - - - Debt Service - - - - - - - - OPERATING IMPACT - - - - - 21,800 22,400 44,200 UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT 5 Year Projection Cemetery Improvements PROJECT EXPENSE 5 Year Projection PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET These improvements will consist of section markers, roadways and landscaping. The project also anticipates a future trail head with rest facilities that will accomodate the future cemetery/academy trail. Based on current funding sources, this project will be dependent upon the future sale of plots. The project would be completed in four phases. Phase I & II road improvemants, Phase III & IV landscape and trailer improvements. DR A F T 15 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - - 60,000 60,000 - - 120,000 Construction - - - - 1,500,000 - - 1,500,000 Design - - - 60,000 60,000 - - 120,000 Contingency - - - - - - - - Other - land purchase - - - 3,000,000 - - - 3,000,000 EXPENDITURES TOTAL - - - 3,120,000 1,620,000 - - 4,740,000 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bond Issuance - - - - - - - - Unfunded - - - 3,120,000 1,620,000 - - 4,740,000 Other - - - - - - - - FUNDING TOTAL - - - 3,120,000 1,620,000 - - 4,740,000 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - 2,725 2,800 5,525 Services - - - - - 16,350 16,800 33,150 Insurance - - - - - - - - Repair & Maintenance - - - - - 2,725 2,800 5,525 Rent & Utilities - - - - - 8,720 8,960 17,680 Debt Service - - - - - - - - OPERATING IMPACT - - - - - 30,520 31,360 61,880 PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET 5 Year Projection UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT 10-20 Acre Community Park This project would include the purchase of 10 to 20 acres of open space with the ability to add amenities such as small covered pavilions, trail head, playground stations, sports fields, general use open spaces, dog park, restroom and parking. PROJECT EXPENSE 5 Year Projection DR A F T 16 FACILITIES OVERVIEW Currently, The Town of Westlake owns and operates three facilities: the Westlake Academy, the temporary buildings that house our emergency services personnel and equipment, and the Parchment house which is currently being utilized for storage. The Town also leases approximately 12,000 square feet of office space. This Capital Improvement Plan proposes increasing the number of buildings on the Westlake Academy campus as well as providing new municipal buildings for staff and community events. Adopted Project Projects to be completed in FY 13-14 and future years • Westlake Academy – Phase I Expansion Proposed Projects – CIP FY 13-18 • Outdoor Warning System • WA - West Parking Improvements Unfunded (Under Discussion) Projects • Municipal Building • Fire Station Complex • Maintenance and Storage Facility • WA - Sport field complex • WA Phase II - 15 classroom Secondary Addition • WA Phase II - 4 Classroom Kindergarten Addition • WA Phase III - Art & Science Classrooms • WA Phase III – Performing Arts Center DR A F T 17 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - 30,000 - - - - 30,000 Construction - - 170,000 - - - - 170,000 Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - - 200,000 - - - - 200,000 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - 200,000 - - - - 200,000 Contributions/Grants - - - - - - - - Bond Issuance - - - - - - - - Unfunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - - 200,000 - - - - 200,000 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - - - Services - - 250 258 265 273 280 1,325 Insurance - - - - - - - - Repair & Maintenance - - 750 773 795 818 840 3,975 Rent & Utilities - - 1,000 1,030 1,060 1,090 1,120 5,300 Debt Service - - - - - - - - OPERATING IMPACT - - 2,000 2,060 2,120 2,180 2,240 10,600 PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET 5 Year Projection FUNDED CAPITAL IMPROVEMENT Westlake Academy - West Parking Improvements The west parking area was constructed in the summer of 2006 as a temporary asphalt parking lot for pick-up and drop-off of students. Improvements include curbs, landscape islands, sidewalks and lighting. The parking lot does not meet the required Town development standards for new construction. The projected expense below includes the following: curb only, lighting, landscaping, additional two inches of asphalt, striping and marking. PROJECT EXPENSE 5 Year Projection DR A F T 18 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - - - - - - - Construction - - - - - - - - Design - - - - - - - - Contingency - - - - - - - - Other (Equipment) - - 99,000 - - - - 99,000 EXPENDITURES TOTAL - - 99,000 - - - - 99,000 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - 99,000 - - - - 99,000 Contributions/Grants - - - - - - - - Bond Issuance - - - - - - - - Unfunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - - 99,000 - - - - 99,000 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - - 1,000 1,000 1,000 1,000 4,000 Rent & Utilities - - 300 600 900 900 900 3,600 Debt Service - - - - - - - - OPERATING IMPACT - - 300 1,600 1,900 1,900 1,900 7,600 PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET 5 Year Projection FUNDED CAPITAL IMPROVEMENT Outdoor Warning System Promote Community Health, Safety, and Welfare is a focus point in the Strategic Plan. Within that focus point is the Strategic Issue "Public Safety and Emergency Preparedness" The strategy is to provide a safe community for our residents and business partners. Building an effective Emergency Warning Notification System will enhance the Town's ability to ensure the safety of the community. An Outdoor Warning System will provide notification of approaching severe storms to the active outdoor population such as school children, joggers, golfers, workers, citizens engaged in outdoor activities around their homes, etc. PROJECT EXPENSE 5 Year Projection DR A F T 19 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering 43215 4,940 100,000 70,000 - - - - 174,940 Construction 46195 - 1,000,000 4,200,000 1,050,000 - - - 6,250,000 FF&E 47415 - - 800,000 - - - - 800,000 Design 43248 31,458 150,000 248,600 55,000 - - 485,059 Contingency 43520 - 49,500 390,000 - - - 439,500 Advertising 45405 - 500 - - - - - 500 Portables 73000 350,000 350,000 EXPENDITURES TOTAL 36,398 1,650,000 5,708,601 1,105,001 - - - 8,500,000 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers 36,398 (36,398) - - - - - - Contributions/Grants - - - - - - - - Bond Issuance $8.5M - 8,500,000 - - - - - 8,500,000 Unfunded - - - - - - - - FUNDING TOTAL 36,398 8,463,602 - - - - 8,500,000 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - 10,000 10,600 11,236 11,910 12,625 56,371 Services - - 5,000 5,300 5,618 5,955 6,312 28,185 Insurance - - - 1,000 1,060 1,124 1,191 4,375 Repair & Maintenance - - 8,000 8,480 8,989 9,528 10,100 45,097 Rent & Utilities - - - 20,000 20,600 21,200 22,472 84,272 Misc - - 10,000 10,600 11,236 11,910 12,625 56,371 OPERATING IMPACT - - 33,000 55,980 58,739 61,627 65,325 274,671 PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET (ACADEMY) 5 Year Projection FUNDED CAPITAL IMPROVEMENT Westlake Academy - Phase I Expansion This project consists of the construction of three buildings: 1) Multi- purpose hall, portable stage, storage and catering kitchen for dining and general purposes at approx. 9,600 sf. 2) Three story Secondary School at apprx. 18,900 sf. Includes 12 classrooms, flex and office space. Designed to allow for future addition in needed. 3) Fieldhouse at approx. 9,600 sf. Will house locker rooms to be used for both athletics and PE, storage for equipment, offices, classrooms and space to be used for the PE program. PROJECT EXPENSE 5 Year Projection DR A F T 20 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - 344,100 86,000 - - - 430,100 Construction - - - 2,890,100 - - - 2,890,100 Design - - - 166,000 - - - 166,000 Contingency - - - - - - - - Other (FF&E) - - - 100,000 - - - 100,000 EXPENDITURES TOTAL - - 344,100 3,242,100 - - - 3,586,200 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bond Issuance - - - - - - - - Unfunded - - 344,100 3,242,100 - - - 3,586,200 Other - - - - - - - - FUNDING TOTAL - - 344,100 3,242,100 - - - 3,586,200 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - 6,180 2,000 2,000 2,240 12,420 Services - - - 8,240 8,480 8,720 8,960 34,400 Insurance - - - 515 530 545 560 2,150 Repair & Maintenance - - - - 24,380 25,070 25,760 75,210 Rent & Utilities - - - 5,150 21,200 21,800 22,400 70,550 Debt Service - - - - - - - - OPERATING IMPACT - - - 20,085 56,590 58,135 59,920 194,730 UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT 5 Year Projection Municipal Building PROJECT EXPENSE PROJECT FUNDING IMPACT ON OPERATING BUDGET 5 Year Projection 5 Year Projection This project consists of the construction of a new Town Hall that will serve both staff and the community. The building will be 2 stories and approximately 16,000 square feet in size contain all municipal functions, including court. The total estimated construction cost is $3,500,000. This would be a joint effort between the Entrada development and the Town. DR A F T 21 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - - - 52,500 21,100 - 73,600 Construction - - - - - 3,816,000 - 3,816,000 Design - - - - 319,500 215,000 - 534,500 Contingency - - - - - 50,160 - 50,160 Other - - - - - 696,300 - 696,300 EXPENDITURES TOTAL - - - - 372,000 4,798,560 - 5,170,560 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bond Issuance - - - - - - - - Unfunded - - - - 372,000 4,798,560 - 5,170,560 Other - - - - - - - - FUNDING TOTAL - - - - 372,000 4,798,560 - 5,170,560 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - 4,000 4,480 8,480 Services - - - - - 6,000 6,720 12,720 Insurance - - - - - 1,000 1,120 2,120 Repair & Maintenance - - - - - 52,320 53,760 106,080 Rent & Utilities - - - - - 15,000 16,800 31,800 Debt Service - - - - - - - - OPERATING IMPACT - - - - - 78,320 82,880 161,200 UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT 5 Year Projection PROJECT FUNDING IMPACT ON OPERATING BUDGET Fire Station Complex PROJECT EXPENSE 5 Year Projection 5 Year Projection This project will provide a 14,000 square foot fire station including four bays, sleeping area, meeting room, kitchen, storage and two offices. Anticipate land to be contributed. DR A F T 22 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - - - - - - - Construction - - - - - - - - Design - - - - - - - - Contingency - - - - - - - - Building retrofit - - - - - - 10,000 10,000 EXPENDITURES TOTAL - - - - - - 10,000 10,000 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bond Issuance - - - - - - - - Unfunded - - - - - - 10,000 10,000 Other - - - - - - - - FUNDING TOTAL - - - - - - 10,000 10,000 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - 5,000 5,000 Services - - - - - - 500 500 Insurance - - - - - - 500 500 Repair & Maintenance - - - - - - 2,000 2,000 Rent & Utilities - - - - - - 5,000 5,000 Debt Service - - - - - - - - OPERATING IMPACT - - - - - - 13,000 13,000 PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET 5 Year Projection UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT Maintenance & Storage Facility The proposed Maintenance and Public Works facility would utilize the existing Fire Department engine bay once new permanent Fire Station has been constructed. PROJECT EXPENSE 5 Year Projection DR A F T 23 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - - - - 54,500 56,000 110,500 Construction - - - - - - 2,800,000 2,800,000 Design - - - - - 29,250 - 29,250 Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - - - - - 83,750 2,856,000 2,939,750 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bond Issuance - - - - - - - - Unfunded - - - - - 83,750 2,856,000 2,939,750 Other - - - - - - - - FUNDING TOTAL - - - - - 83,750 2,856,000 2,939,750 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - 10,000 10,000 Services - - - - - - 20,000 20,000 Insurance - - - - - - 1,000 1,000 Repair & Maintenance - - - - - - 8,000 8,000 Rent & Utilities - - - - - - 15,000 15,000 Debt Service - - - - - - - - OPERATING IMPACT - - - - - - 54,001 54,001 UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT 5 Year Projection Westlake Academy - Sports Field Complex PROJECT EXPENSE PROJECT FUNDING IMPACT ON OPERATING BUDGET (ACADEMY) 5 Year Projection 5 Year Projection This 12 -14 acre outdoor sports complex project would include: one 11 man football field with a running track, cross country trail, outdoor tennis and basketball courts, baseball and softball fields. The project would include restrooms, concession area with outdoor eating area and parking. This facility would provide programs and activities to the Westlake Community and Westlake Academy. Land is anticipated to be donated. DR A F T 24 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - - - 56,343 111,331 - 167,674 Construction - - - - - 2,226,638 - 2,226,638 Design - - - - - 175,131 - 175,131 Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - - - - 56,343 2,513,100 - 2,569,443 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bond Issuance - - - - - - - - Unfunded - - - - 56,343 2,513,100 - 2,569,443 Other - - - - - - - - FUNDING TOTAL - - - - 56,343 2,513,100 - 2,569,443 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - 4,000 4,000 Services - - - - - - 20,000 20,000 Insurance - - - - - - 2,000 2,000 Repair & Maintenance - - - - - - 15,000 15,000 Rent & Utilities - - - - - 10,000 11,200 21,200 Debt Service - - - - - - - - OPERATING IMPACT - - - - - 10,000 52,200 62,200 UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT 5 Year Projection Westlake Academy - Phase II - 15 Classroom Secondary Addition PROJECT EXPENSE PROJECT FUNDING IMPACT ON OPERATING BUDGET (ACADEMY) 5 Year Projection 5 Year Projection As part of Phase II of the Westlake Academy Master Plan, this project includes a 15 classroom addition to the Secondary School. The building will total approximately 11,000 sq. feet and will be attached onto the north side of the existing building. DR A F T 25 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - - - - 21,800 - 21,800 Construction - - - - - 991,900 - 991,900 Design - - - - - 9,920 - 9,920 Contingency - - - - - - - - Other (FF&E) - - - - - 50,000 - 50,000 EXPENDITURES TOTAL - - - - - 1,023,620 - 1,073,620 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bond Issuance - - - - - - - - Unfunded - - - - - 1,023,620 - 1,023,620 Other - - - - - - - - FUNDING TOTAL - - - - - 1,023,620 - 1,023,620 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - 4,480 4,480 Services - - - - - - 11,200 11,200 Insurance - - - - - - 1,120 1,120 Repair & Maintenance - - - - - - 6,720 6,720 Rent & Utilities - - - - - - 4,480 4,480 Debt Service - - - - - - - - OPERATING IMPACT - - - - - - 28,000 28,000 UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT Westlake Academy - Phase II - 4 Classroom Kindergarten Addition PROJECT EXPENSE 5 Year Projection PROJECT FUNDING IMPACT ON OPERATING BUDGET (ACADEMY) 5 Year Projection 5 Year Projection Per the Master Plan this project is part of Phase II. The Kindergarten addition would be located east of the original primary building. This would include: 4 classrooms with individual restrooms in each room for a total of 4,600 square feet that will match existing exterior building features. DR A F T 26 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - - - - - 16,800 16,800 Construction - - - - - - 1,555,680 1,555,680 Design - - - - - - 155,600 155,600 Contingency - - - - - - - - Other (FF&E) - - - - - - 150,000 150,000 EXPENDITURES TOTAL - - - - - - 1,878,080 1,878,080 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bond Issuance - - - - - - - - Unfunded - - - - - - 1,878,080 1,878,080 Other - - - - - - - - FUNDING TOTAL - - - - - - 1,878,080 1,878,080 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - 4,480 4,480 Services - - - - - - 11,200 11,200 Insurance - - - - - - 1,120 1,120 Repair & Maintenance - - - - - - 2,240 2,240 Rent & Utilities - - - - - - 4,480 4,480 Debt Service - - - - - - - - OPERATING IMPACT - - - - - - 23,520 23,520 UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT 5 Year Projection Westlake Academy - Phase III - Arts & Science Classroom Addition PROJECT EXPENSE PROJECT FUNDING IMPACT ON OPERATING BUDGET (ACADEMY) 5 Year Projection 5 Year Projection As part of Phase III of the WA Master Plan. This would be an additional 5,200 square foot single-story building attached to the existing Sam & Margret Lee Arts and Sciences Center. This addition would include 3 classrooms, labs and offices. DR A F T 27 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - - - - - 28,000 28,000 Construction - - - - - - 4,256,000 4,256,000 Design - - - - - - 425,600 425,600 Contingency - - - - - - 100,000 100,000 Other - - - - - - 425,000 425,000 EXPENDITURES TOTAL - - - - - - 4,809,600 4,809,600 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - 1,120,000 1,120,000 Bond Issuance - - - - - - - - Unfunded - - - - - - 3,689,600 3,689,600 Other - - - - - - - - FUNDING TOTAL - - - - - - 4,809,600 4,809,600 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - - - Services - - - - - - 5,600 5,600 Insurance - - - - - - 1,120 1,120 Repair & Maintenance - - - - - - - - Rent & Utilities - - - - - - 4,480 4,480 Debt Service - - - - - - - - OPERATING IMPACT - - - - - - 11,200 11,200 UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT 5 Year Projection Westlake Academy - Phase III - Performing Arts Center PROJECT EXPENSE PROJECT FUNDING IMPACT ON OPERATING BUDGET (ACADEMY) 5 Year Projection 5 Year Projection In the Phase III of the Westlake Academy Master Plan a new 16,000 square feet auditorium is constructed with raised stage, fixed seating, dressing rooms, lighting, restroom, offices, and lobby. This building would be located to the west of the Sam and Margaret Lee Art's & Sciences Building. We anticipate the cost of the interior ammenities to be provided through contributions/grants. DR A F T 28 TRANSPORTATION OVERVIEW One of the major concerns for any municipality is its infrastructure of streets. With the approval of the previous year’s CIP and accompanying bond issuance, the Council recently addressed many of the most pressing street maintenance concerns in Westlake; this type of commitment is essential to maintain these valuable Town assets Adopted Projects – CIP FY 12-17 Projects to be completed in FY 12/13 • Streets Survey • Stagecoach Hills Reconstruction/Drainage • Roanoke Road Reconstruction/Drainage North • Hwy 377 Westport Parkway Signal • Westlake Portion of Hillwood Projects On-Going Projects (FY 12/13 and beyond) • FM1938 Streetscape Improvements • SH114/Hwy170 Enhancements • Roanoke Road Reconstruction/Drainage South • Sam School Rd Reconstruction/Drainage • Dove Rd Reconstruction/Drainage (Vaquero/Terra Bella) Proposed Projects – CIP FY 13-19 • HWY 377 Landscape Improvements • Ottinger Road Bridge Creek Crossing • Ottinger Road Reconstruction & Drainage • Wyck Hill Resurface • Pearson Lane Reconstruction & Drainage Unfunded (Under Discussion) Projects • Dove & Randol Mill Traffic Circle DR A F T 29 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering 97,980 30,000 29,001 - - - - 156,981 Construction 840,096 45,000 1,211,878 739,100 253,100 - - 3,089,174 Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL 938,076 75,000 1,240,878 739,100 253,100 - - 3,246,155 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers 938,076 75,000 - 567,100 253,100 - - 1,833,277 Contributions (Fidelity) - - 1,240,878 172,000 - - - 1,412,878 Bond Issuance - - - - - - - - UnFunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL 938,076 75,000 1,240,878 739,100 253,100 - 3,246,155 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - - - - - - - Rent & Utilities (water only) - - 5,000 5,150 5,300 5,450 5,600 26,500 Debt Service - - - - - - - OPERATING IMPACT - - 5,000 5,150 5,300 5,450 5,600 26,500 FUNDED CAPITAL IMPROVEMENT FM 1938 Streetscape/Wayfinding 5 Year Projection 5 Year Projection Project consist of the design and construction of landscape and hardscape improvements to the FM 1938 corridor from SH 114 south to Randol Mill Road, including sidewalks, trailheads, signage, rest areas, plantings, entry monuments. Per developer's agreements: Fidelity is to provide funding for landscape enhancements to the median and ROW (est. $322K). The Town is required to install sidewalk on the west side of FM 1938 from Dove to SH 114 per the Fidelity developer's agreement at our cost. Utility relocations will be necessary to accomodate construction, including adjusting manholes, fire hydrants, valves and meters as necessary. Utility cost is for irrigation only. A reduction to the total project cost of $670,000 is due to a direct payment to the contractor from TxDot in the form of a grant. 5 Year Projection PROJECT FUNDING PROJECT EXPENSE IMPACT ON OPERATING BUDGETDR A F T 30 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering 7,500 345,460 390,940 336,000 - - - 1,079,900 Construction - - - - - - - - Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL 7,500 345,460 390,940 336,000 - - - 1,079,900 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - 89,370 - - - - 89,370 Contributions/Grants - - - - - - - - Bonds 2011 CO $2.095M 7,500 345,460 301,570 - - - - 654,530 Bonds 2014/15 CO $2.1M - - - 336,000 - - - 336,000 Other - - - - - - - - FUNDING TOTAL 7,500 345,460 390,940 336,000 - - 1,079,900 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - - - Services - - 50,000 51,500 53,000 54,500 56,000 265,000 Insurance - - - - - - - - Repair & Maintenance - - - - - - - - Rent & Utilities - - 50,000 51,500 53,000 54,500 56,000 265,000 Debt Service - - - - - - - OPERATING IMPACT - - 100,000 103,000 106,000 109,000 112,000 530,000 FUNDED CAPITAL IMPROVEMENT SH 170 & Hwy 114 Streetscape 5 Year Projection 5 Year Projection PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET This project would be a cooperative effort between Westlake, Trophy Club, and Roanoke consisting of the design and construction of landscape and hardscape improvements to the SH 170 & Hwy 114 interchange to include plantings, painting, and entry monuments. Maintenance is for irrigation only. Project costs are estimated to be $3,000,000 for construction and $200,000 for engineering design. Funding participation is anticipated to be 1/3 from each party. PROJECT EXPENSE DR A F T 31 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering 2,900 - - 453,000 - - - 455,900 Construction - - - - - - - - Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL 2,900 - - 453,000 - - - 455,900 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2011 CO $2.095M 2,900 - - - - - - 2,900 Bonds 2014/15 CO $2.1M - - - 453,000 - - - 453,000 Other - - - - - - - - FUNDING TOTAL 2,900 - - 453,000 - - 455,900 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - - - - 4,796 4,928 9,724 Rent & Utilities - - - - - - - - Debt Service - - - - - - - OPERATING IMPACT - - - - - 4,796 4,928 9,724 FUNDED CAPITAL IMPROVEMENT Roanoke Road Reconstruction and Drainage South (Highway 170 south to Town limits) PROJECT EXPENSE 5 Year Projection PROJECT FUNDING The project will provide stabilization of road subgrade and 6" of asphalt to approximately 4,000 LF of Roanoke Road and replace/improve culverts and ditches, consistent with 2011 Graham Pavement Evaluation Study. Project improvements will be from Highway 170 south to the Town Limits. Foresee crack sealing during the 2nd year after completion. 5 Year Projection 5 Year Projection IMPACT ON OPERATING BUDGETDR A F T 32 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - - 41,800 - - - 41,800 Construction - - - 174,200 - - - 174,200 Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - - - 216,000 - - - 216,000 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2014/15 CO $2.1M - - - 216,000 - - - 216,000 Unfunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - - - 216,000 - - 216,000 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - - - - 2,398 2,464 4,862 Rent & Utilities - - - - - - - - Debt Service - - - - - - - OPERATING IMPACT - - - - - 2,398 2,464 4,862 5 Year Projection 5 Year Projection PROJECT FUNDING IMPACT ON OPERATING BUDGET FUNDED CAPITAL IMPROVEMENT Sam School Road Reconstruction and Drainage (Solana to Town limits) PROJECT EXPENSE 5 Year Projection The project will provide stabilization of road subgrade and 6" of asphalt to approximately 2,000 LF of Sam School Road and replace/improve culverts and ditches, consistent with 2011 Graham Pavement Evaluation Study. Anticipate crack sealing 2nd year from completion. DR A F T 33 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - - 105,000 - - - 105,000 Construction - - - 404,945 - - - 404,945 Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - - - 509,945 - - - 509,945 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2014/15 CO $2.1M - - - 509,945 - - - 509,945 Unfunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - - - 509,945 - - 509,945 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - - - Services - - - - - 3,815 3,920 7,735 Insurance - - - - - - - - Repair & Maintenance - - - - - - - - Rent & Utilities - - - - - 10,900 11,200 22,100 Debt Service - - - - - - - OPERATING IMPACT - - - - - 14,715 15,120 29,835 FUNDED CAPITAL IMPROVEMENT Dove Road Reconstruction and Drainage (Vaquero to Terra Bella) PROJECT EXPENSE 5 Year Projection PROJECT FUNDING The project will provide stabilization of road subgrade and 6" of asphalt to approximately 6,500 LF of Dove Road and replace/improve culverts and ditches, consistent with 2011 Graham Pavement Evaluation Study. Anticipate crack sealing 2nd year from completion. 5 Year Projection 5 Year Projection IMPACT ON OPERATING BUDGETDR A F T 34 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - - - - - 100,000 100,000 Construction - - - - - - 600,000 600,000 Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - - - - - - 700,000 700,000 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2016/17 CO $2.6M - - - - - - 700,000 700,000 Unfunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - - - - - - 700,000 700,000 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - - - - - 5,000 5,000 Rent & Utilities - - - - - - 10,000 10,000 Debt Service - - - - - - - - OPERATING IMPACT - - - - - - 15,000 15,000 PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET 5 Year Projection FUNDED CAPITAL IMPROVEMENT Hwy 377 Landscape Improvements The project will include streetscape enhancements (hardscape, landscape) along US Hwy 377 starting at Westport Parkway stretching north for 3/4 mile. The enhancements will only be located in the median and consist of native and naturalized plantings, trees, plant bed preparations, drip irrigation, and concrete edging/mowstrip. Since the project will be within state ROW, the Town will submit this project to TxDOT for potential grant funding opportunities similar to the FM 1938 median landscape project. PROJECT EXPENSE 5 Year Projection DR A F T 35 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - - - - 80,000 - 80,000 Construction - - - - - 250,000 - 250,000 Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - - - - - 330,000 - 330,000 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2016/17 CO $2.6M - - - - - 330,000 - 330,000 UnFunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - - - - - 330,000 - 330,000 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - - - - - - - Rent & Utilities - - - - - - - - Debt Service - - - - - - - - OPERATING IMPACT - - - - - - - - 5 Year Projection FUNDED CAPITAL IMPROVEMENT The bridge is located between the Westlake Cemetery and SH 170. The 2012 TxDOT Bridge Inspection Report has identified this bridge as failing, and has recommended it be replaced. This project will replace the existing Ottinger Road bridge with new box culvert, much like the Dove Road improvements. Staff will need to determine through engineering design analysis the final design criteria including horizontal and vertical alignment. PROJECT EXPENSE 5 Year Projection IMPACT ON OPERATING BUDGET Ottinger Road Bridge Creek Crossing PROJECT FUNDING 5 Year Projection DR A F T 36 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - - - - - 108,060 108,060 Construction - - - - - - 464,650 464,650 Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - - - - - - 572,710 572,710 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2016/17 CO $2.6M - - - - - - 572,710 572,710 UnFunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - - - - - - 572,710 572,710 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - - - - - - - Rent & Utilities - - - - - - - - Debt Service - - - - - - - - OPERATING IMPACT - - - - - - - - PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET 5 Year Projection FUNDED CAPITAL IMPROVEMENT Ottinger Road Reconstruction and Drainage (North of Westlake Academy) The project will provide stabilization of road subgrade and 7" of asphalt to approximately 4,000 LF of Ottinger Road (from Westlake Academy to SH 170) and replace/improve culverts and ditches, consistent with 2011 Graham Pavement Evaluation Study. Anticipate crack sealing during the 2nd year after completion. PROJECT EXPENSE 5 Year Projection DR A F T 37 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - - - - 10,850 - 10,850 Construction - - - - - 43,600 - 43,600 Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - - - - - 54,450 - 54,450 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2016/17 CO $2.6M - - - - - 54,450 - 54,450 UnFunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - - - - - 54,450 - 54,450 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - - - - - - - Rent & Utilities - - - - - - - - Debt Service - - - - - - - - OPERATING IMPACT - - - - - - - - PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET 5 Year Projection FUNDED CAPITAL IMPROVEMENT Wyck Hill Pavement Resurface The project will provide asphalt pavement resurfacing to approximately 1,000 LF of Wyck Hill, consistent with 2011 Graham Pavement Evaluation Study. Foresee crack sealing during the 2nd year after completion. PROJECT EXPENSE 5 Year Projection DR A F T 38 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - - - - 54,250 - 54,250 Construction - - - - - 327,000 - 327,000 Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - - - - - 381,250 - 381,250 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bonds 2016/17 CO $2.6M - - - - - 381,250 - 381,250 UnFunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - - - - - 381,250 - 381,250 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - - - - - - - Rent & Utilities - - - - - - - - Debt Service - - - - - - - - OPERATING IMPACT - - - - - - - - PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET 5 Year Projection FUNDED CAPITAL IMPROVEMENT Pearson Lane Reconstruction and Drainage The project will provide stabilization of road subgrade and 5" of asphalt to approximately 1,300 LF of Pearson Lane and replace/improve culverts and ditches, consistent with 2011 Graham Pavement Evaluation Study. Foresee crack sealing during the 2nd year after completion. PROJECT EXPENSE 5 Year Projection DR A F T 39 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - - - - - 465,000 465,000 Construction - - - - - - 900,000 900,000 Design - - - - - - 35,000 35,000 Contingency - - - - - - - - Other - - - - - - 619,600 619,600 EXPENDITURES TOTAL - - - - - - 2,019,600 2,019,600 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - - - - - - - Contributions/Grants - - - - - - - - Bond Issuance - - - - - - - - UnFunded - - - - - - 2,019,600 2,019,600 Other - - - - - - - - FUNDING TOTAL - - - - - - 2,019,600 2,019,600 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - - - - - 2,800 2,800 Rent & Utilities - - - - - - 5,600 5,600 Debt Service - - - - - - - - OPERATING IMPACT - - - - - - 8,400 8,400 PROJECT FUNDING 5 Year Projection IMPACT ON OPERATING BUDGET 5 Year Projection UNFUNDED (UNDER DISCUSSION) CAPITAL IMPROVEMENT Dove & Randol Mill Traffic Circle Reconstruction and reconfiguration of Dove Road and Randol Mill from a 3-way stop intersection to a traffic circle to improve traffic safety. Pavement construction will be consistent with 2011 Graham Pavement Evaluation Study. PROJECT EXPENSE 5 Year Projection DR A F T 40 VEHICLE AND EQUIPMENT OVERVIEW Vehicles and equipment represent approximately 6% of the Town’s assets or roughly $3.4M. While the current CIP does not contain any proposals for vehicles, it is important to note that of the seven vehicles (including a utility truck) the Town currently owns, three are completely depreciated and three more will become completely depreciated within the next five years. Similarly, of the fourteen FF&E asset groups, eight are currently fully depreciated and the remainder will be within the next five years. Whether or not an asset has been fully depreciated does not by itself warrant the need to replace it, however, depreciation does serve as an indicator that the likelihood the asset will need to be replaced in the near future is fairly high. The Town maintains a General Maintenance & Replacement Fund and is working towards funding annually for any replacement items needed in subsequent years. We anticipate a replacement vehicle for the Parks and Recreation Department to be paid from the funds that have been transferred to this fund for just this purpose. Vehicle Description Department Cost Date Placed in Service Useful Life Remaining Life Ambulance Fire 144,981 2003 10 - Fire Truck Fire 236,423 2003 15 5 Fire Chief Vehicle Fire 41,108 2004 5 - Command Vehicle Fire 49,084 2013 5 5 Ambulance Fire 200,000 2012 10 10 Fire Attack Truck Fire 169,746 2012 10 10 Spartran Senator II School Bus Academy 41,625 2010 5 3 Girardin18 Passenger Bus Academy 41,625 2010 5 3 Pool vehicle (Sold FY 12/13) General 8,500 2004 4 - Chevy Silverado Truck Building 15,704 2005 5 - Marshal's Vehicle Court 23,000 2007 5 - Chevy Silverado Truck Public Works 11,105 2008 5 - $ 982,901 DR A F T 41 Capital Maintenance and Replacement The Town recognizes that deferred maintenance and not anticipating capital replacement needs increases future capital costs. Annually, available funds will be evaluated during the budget process and a percentage of each operating fund’s budget will be recommended to the Council for transfer. Upon approval by the Council, the recommended amount will be transferred to the appropriate funds (General or Utility Maintenance Replacement Fund) for major maintenance/ replacement of street, building roof, flooring, air conditioning, equipment, etc. The Town of Westlake owns, operates, and maintains a number of vehicles. To provide a fiscally responsible vehicle and equipment replacement policy that enables the Town to maximize vehicle and equipment utilization, while maintaining the Town’s desired public image and high quality program of services for our residents. Therefore, the Town of Westlake will maintain a Vehicle and Equipment Replacement and Depreciation Schedule; said schedule will be maintained by the Finance Department. Vehicle and equipment replacement criteria will be developed according to each items anticipated useful service life. Typically, this is based upon the type or “category” of the vehicle/equipment and its usage. Each item will be surveyed annually and assigned a score based upon the Point Range and Guideline document. A vehicle will be replaced according to the established criteria unless the Department Head(s) and the Town Manager’s office determine that: 1) mechanical failure or vehicle damage warrants earlier replacement, or 2) the vehicle is still serviceable and may serve additional years beyond its original anticipated service life. Funding for vehicle/equipment replacement should be incrementally allocated from department operating funds to a restricted Capital Maintenance and Replacement Fund, subject to funding availability on an annual basis. Future vehicle/equipment replacements should be funded from this restricted fund, which receives accumulated operating fund transfers based upon the Vehicle and Equipment Depreciation Schedule. Funding will consist of an annual set-aside based upon a straight-line depreciation for each vehicle over the course of its useful life and budgeted as part of the annual budget development process. Depreciation fees should commence the same fiscal year of each new and replacement vehicle/equipment purchase. Likewise, depreciation expenses should be expensed from the respective department operating budget and deposited into the Capital Maintenance and Replacement Fund. Depreciation expenses shall continue through the service life of the new vehicle/equipment and shall cease upon retirement of said vehicle/equipment. DR A F T 42 Vehicle and Equipment Replacement and Depreciation Guidelines Purpose: To provide a fiscally responsible vehicle and equipment replacement and depreciation policy, which will enable the Town of Westlake to maximize asset utilization while maintaining a positive public image and being fiscally responsible in our budgeting and fleet replacement programs. Policy: Replacement criteria for Town-owned vehicles and equipment will depend primarily on a point system, which is based upon the following factors: • Age • Miles/Hour Usage • Type of Service • Reliability • Maintenance and Repair Costs (not to include incident repairs) • Condition Point Range Chart Note: The Town may decide to retain a vehicle beyond the stated criteria after an evaluation of anticipated usage, repairs and operating costs. Each Town vehicle and small equipment have been placed in a specific category (as listed below) in order to allow for uniformity in our replacement standards. Category "A" This category consists of the one (1) 18-passenger and one (1) 20-passenger school bus. The life span for school bus is 10 years. The Fire Department which includes engines, ladder truck, ambulances, and attack truck which are used primarily as a front-line response vehicle. The front-line life-span of the Engine is 15 years and has a reserve life-span for additional five years. The ambulance front-line life-span is seven years and has a reserve vehicle life-span for additional seven. The Town currently has one (1) Engine, one (1) Attack Truck and two (2) Ambulances. Category "B" This category consists of Maintenances and Public Works vehicles which are used to serve the public on a day-to-day basis and pull trailers. Due to the heavy use, these vehicles may be scheduled for replacement at 100,000 miles provided the maintenance cost is considerably higher than vehicles of the same type. The Town currently has two (2) Public Works trucks. Category "C" This category consists of all other cars and pickups, which include administration pool car, building inspection truck, warrant officer public safety vehicle. These vehicles are generally assigned to a designated staff member and should not be replaced earlier than 100,000 miles provided the maintenance cost is considerably higher than vehicles of the same type. DR A F T 43 Category "D" This category consists of other off-road equipment (mule and mowers) that are used to serve the public on an "as needed" basis. Replacement of this category may be made after 2,500 operating hours, or provided the maintenance cost is considerably higher than equipment of the same type. The Town currently has one (1) Kawasaki utility vehicle and (1) mower. Category "E" This category consists of light equipment (weed-eaters, chain saw and pumps, generators, trailers, and other small hand-operated equipment) which are used to serve the public on an "as needed" basis. Replacements in this category may be made after the total maintenance cost exceeds the original purchase price of a particular piece of equipment. The cost of upgrading a piece of equipment will be the responsibility of the operating division. The Town currently has one weed-trimmer, chain saw, blower, small generator and a trailer. Guide for Early Replacement of Town-Owned Vehicles Early Replacement The consideration of early replacement of a vehicle often arises when major expenditures are necessary to restore it to a safe operating condition (e.g., major component failure or incident damage). The economic effect of such repairs cannot be avoided because the cost to the Town is normally about the same whether the vehicle is sold in un-repaired condition or restored to repaired condition. However, replacement prior to the normal criteria for vehicles will result in an acceleration of all future replacement cost cycles required to satisfy a continuing vehicle need. This acceleration of cost cycles causes a sizable increase in the total present value cost of all fixture cycles and should be avoided whenever possible. Major vehicle repairs should always be made, with two exceptions: 1. Major expenditures for repair should not be made when the cost of the repair plus the vehicle salvage in un-repaired condition exceeds its wholesale value in repaired condition. 2. Major deferrable expenditures should not be made when a vehicle is in the final six months of its retention cycle. During this period the penalty for early replacement is small and, therefore, the vehicle should be replaced rather than repaired. Depreciation Formula Current acquisition price of each vehicle divided by the utilization cycle mileage or total maintenance cost) will provide the yearly depreciation allowance. EXAMPLE A – Vehicles Mileage: $30,000.00 vehicle divided by the target replacement cycle of 100,000 miles will give you a depreciation cost of $.30 per mile. $0.30 times the number of miles (20,000) the vehicle was driven the previous year will give you the yearly depreciation amount $6,000.00. DR A F T 44 EXAMPLE B – Small Equipment Maintenance Cost: depreciate the original purchase price by 15% per year, for power hand tools, trailers, etc. Replace the item only when the maintenance cost reaches the original purchase price. Point Ranges for Replacement Consideration Point Scale Condition Description 20 points & under Excellent Do not replace 21 to 25 points Very Good Re-evaluate for the following year's budget 26 to 31 points Fair Qualifies for replacement if M/R cost exceed 60% of cost 32 to 37 point Poor Replacement if budget allows Above 38 points failed Needs priority replacement Below are two examples on how the point range and guidelines for Category "B" and “C” would work with current town vehicles. Example: Pool Vehicle Data Description Points Year 1999 26 points Type Crown Victoria Passenger Car 1 point Mileage 64,000 6 points Maintenance Repair driver side window motor 2 points Condition Poor paint and body condition, hail damage, rust spots, small dents, interior - rips, tears, stains, cracking on seat covers 5 points Total Points 40 points Staff recommendation = Replacement this year Data Description Points Year 2005 14 points Type Silverado F150 extended cab truck 1 point Mileage 35,000 3 points Maintenance low 1 points Condition Very good exterior and interior condition 1 points Total Points 20 points Staff recommendation = Include the replacement cost in the five year forecast DR A F T 45 Point range and guidelines for Category "B" and “C” Factor Points Description Age Usage Type of Service 1 Each 10,000 miles of usage 1 Standard sedans, SUV’s and pickups 2 Each year of chronological age 3 Any vehicle that pulls trailer, hauls heavy loads and continued off- road usage 4 Any vehicle involved in ice or snow removal or road treatment Reliability Preventive Maintenance Work Not Included 1 In shop one time within three month time period, no major breakdowns/road side assistance call with 3 month period 2 In shop one time within three month time period, 1 breakdown/ road side assistance call within 3 month period 3 In shop more than once within 3 month time period, 1 or more breakdown/road side assistance call within same period 4 In shop more than twice within one month time period, 1 or more breakdowns/road side assistance call in same time period 5 Two or more breakdowns within one month time period M&R Cost Incident Repair Not Include 1 Maintenance cost are less than or equal to 20% of replacement 2 Maintenance cost are 21-40% of replacement cost 3 Maintenance cost are 41-60% of replacement cost 4 Maintenance cost are 61-80% of replacement cost 5 Maintenance cost are greater than or equal to 81% of replacement cost Condition 1 No visual damage or rust 2 Minor imperfections in body and paint, interior fair (no rips, tears, burn) 3 Noticeable imperfections in body and paint surface, minor rust, minor damage for add-on equipment, won interior (one or more rips, tears, burns). 4 Poor paint and body condition, rust (holes), interior (rips, tears, burns, cracked dash) and major damage for add-on equipment 5 Previous accident damage, poor paint and body condition, rust (holes), interior (rips, tears, burns, cracked dash) and major damage for add-on equipment Point Ranges Condition Description 0-20 Excellent Do not replace 21-25 Very Good Re-evaluate for next year’ budget (5 year forecast) 26-31 Good Qualifies for replacement this year if M/R cost exceed 60% of cost 32-37 Fair Qualities for replacement this if budget allows 38+ Poor Needs priority DR A F T 46 UTILITY IMPROVEMENTS OVERVIEW The Town of Westlake currently owns a minimum of approximately $24M of utility fixed assets. These take the form of water, sewer and telecommunications duct bank lines. These assets are initially installed through development and later transferred to the Town for upkeep and maintenance. With the recent completion of the Stagecoach Hills water main, the Town’s utility infrastructure is in relatively good shape with no known deficiencies. The five items that are fully depreciated are water lines that were transferred from the City of Keller which may need replacement in the near future but are fully operational now. It should also be noted that the Town is currently engineering a GIS system that will map all infrastructure; this project provides us the opportunity to review the condition of these assets and their values which will be revised as necessary. Adopted Projects – CIP FY 12-17 Projects to be completed in FY 12-13 • N1 Sewer Line Transfer I&I Repairs • Stagecoach Hills Waterline Phase II Projects to be completed in FY 13-14 • Ground Storage Tank • N1 Sewer Line Transfer Unfunded (Under Discussion) Projects • There are no unfunded projects DR A F T 47 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering - - 12,467 - - - - 12,467 Construction - - 70,500 - - - - 70,500 Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL - - 82,967 - - - - 82,967 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers - - 82,967 - - - - 82,967 Contributions/Grants - - - - - - - - Bond Issuance - - - - - - - - UnFunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL - - 82,967 - - - 82,967 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - - - - - - - Rent & Utilities - - - - - - - - Debt Service - - - - - - - OPERATING IMPACT - - - - - - - FUNDED CAPITAL IMPROVEMENT TRA Assumption of N-1 Sewer Line PROJECT EXPENSE 5 Year Projection PROJECT FUNDING This project is intended to transfer ownership of a section of sewer line from Westlake and Southlake to TRA. It includes the design and construction of a metering station with SCADA equipment at the proposed Town of Westlake "Point of Entry." Westlake will be required to conduct an extensive inflow and infiltration study and perform repairs (separate capital improvement). 5 Year Projection 5 Year Projection IMPACT ON OPERATING BUDGETDR A F T 48 Project Description: Totals Thru Estimated Project EXPENDITURE TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Engineering 3,088 47,800 1,449,113 - - - - 1,500,001 Construction - - - - - - - - Design - - - - - - - - Contingency - - - - - - - - Other - - - - - - - - EXPENDITURES TOTAL 3,088 47,800 1,449,113 - - - - 1,500,001 Totals Thru Estimated Project FUNDING TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Cash/Transfers 3,088 (3,088) 500,000 - - - - 500,000 Contributions/Grants - - - - - - - - Bond Issuance $1.0M - 50,888 949,113 - - - - 1,000,000 UnFunded - - - - - - - - Other - - - - - - - - FUNDING TOTAL 3,088 47,800 1,449,113 - - - 1,500,000 Totals Thru Estimated Project IMPACT TYPE FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Total Supplies - - - - - - - - Services - - - - - - - - Insurance - - - - - - - - Repair & Maintenance - - - 500 530 545 560 2,135 Rent & Utilities - - - - - - - - Debt Service - - - - - - - OPERATING IMPACT - - - 500 - - 2,135 FUNDED CAPITAL IMPROVEMENT Ground Storage Tank PROJECT EXPENSE 5 Year Projection PROJECT FUNDING This project will consist of designing and constructing a new ground storage tank at the existing pump station. We anticipate this tank will be a 1,000,000 gallon tank and will be needed to augment services once Deloitte has become fully staffed. Maintenance (consisting of inspection and cleaning) would not be expected until year two. Total amount = $1,558,500; Debt service payments = approximately $170k/yr for 10 years. 5 Year Projection 5 Year Projection IMPACT ON OPERATING BUDGETDR A F T 49 DR A F T 50 DR A F T Debt Service Obligations by Fiscal Year and Type Principal Amounts Only Debt per Capita Estimated Population per CAFR Fiscal 2002 WA Construction 2003 WA Construction 2007 Refunding 02 only 2008 A & S Center 2011 Street Improvements 2011 Refunding 02 & 03 2013 Refunding 03 & 08 2013 WA Expan & UF Tank 2015 Parks, Trails, Streets 2017 Trails and Streets TOTAL Fiscal Year Principal Payment $65,087 289 FY 02/03 12,400,000 6,410,000 - 18,810,000 - $62,079 303 FY 03/04 12,400,000 6,410,000 - 18,810,000 - $57,348 328 FY 04/05 12,400,000 6,410,000 - 18,810,000 350,000 $52,000 355 FY 05/06 12,190,000 6,270,000 - 18,460,000 370,000 $27,393 698 FY 06/07 5,630,000 6,125,000 7,365,000 19,120,000 6,805,000 $30,192 703 FY 07/08 5,395,000 5,980,000 7,350,000 2,500,000 21,225,000 420,000 $26,382 785 FY 08/09 5,145,000 5,830,000 7,330,000 2,405,000 20,710,000 515,000 $25,137 803 FY 09/10 4,880,000 5,675,000 7,310,000 2,320,000 20,185,000 525,000 $25,649 847 FY 10/11 4,600,000 5,515,000 7,285,000 2,230,000 2,095,000 21,725,000 555,000 $21,822 992 FY 11/12 645,000 2,225,000 7,260,000 2,135,000 2,007,000 7,375,000 21,647,000 7,453,000 $29,795 1014 FY 12/13 330,000 2,055,000 7,235,000 - 1,917,000 7,275,000 2,080,000 9,320,000 30,212,000 2,955,000 $28,584 1024.14 FY 13/14 - 1,880,000 7,200,000 - 1,824,000 7,175,000 1,975,000 9,220,000 29,274,000 938,000 $29,232 1034.3814 FY 14/15 - 1,695,000 7,165,000 - 1,727,000 6,735,000 1,855,000 9,025,000 2,035,545 30,237,545 1,126,719 $27,843 1044.7252 FY 15/16 - 1,505,000 6,755,000 - 1,627,000 6,635,000 1,755,000 8,830,000 1,980,826 29,087,826 1,171,607 $27,474 1055.1725 FY 16/17 - - 6,330,000 - 1,552,000 6,360,000 1,625,000 8,630,000 1,904,220 2,588,110 28,989,330 1,251,179 $0 $4 $8 $12 $16 $20 $24 $28 $32 FY 02/03 FY 03/04 FY 04/05 FY 05/06 FY 06/07 FY 07/08 FY 08/09 FY 09/10 FY 10/11 FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 $12.40 $12.40 $12.40 $12.19 $5.63 $5.40 $5.15 $4.88 $4.60 $6.41 $6.41 $6.41 $6.27 $6.13 $5.98 $5.83 $5.68 $5.52 $2.23 $2.06 $1.88 $1.70 $1.51 $7.37 $7.35 $7.33 $7.31 $7.29 $7.26 $7.24 $7.20 $7.17 $6.76 $6.33 $2.50 $2.41 $2.32 $2.23 $2.14 $2.10 $2.01 $1.92 $1.82 $1.73 $1.63 $1.55 $7.38 $7.28 $7.18 $6.74 $6.64 $6.36 $2.08 $1.98 $1.86 $1.76 $1.63 $9.32 $9.22 $9.03 $8.83 $8.63 $2.04 $1.98 $1.90 $2.59 Mi l l i o n s Debt Service Obligations by Fiscal Year & Type (Principal Amounts Only) 2017 Trails and Streets 2015 Parks, Trails, Streets 2013 WA Expan & UF Tank 2013 Refunding 03 & 08 2011 Refunding 02 & 03 2011 Street Improvements 2008 A & S Center 2007 Refunding 02 only 2003 WA Construction 2002 WA Construction Debt Service Fund Long-Term Debt Summary Pym t Fiscal 300.48840.00. 17 300.48850.00. 17 300.48840.00. 15 300.48850.00. 15 300.48840.00. 13 300.48850.00. 13 300.48840.00. 12 300.48850.00. 12 300.48840.00. 11 300.48850.00. 11 No.Year Principal Interest Principal Interest Principal Interest Principal Interest Principal Interest 1 2014 - - - - - - 105,000 46,700 151,700 100,000 407,159 507,159 93,000 60,791 153,791 2 2015 - - - 54,719 89,608 144,327 120,000 44,450 164,450 195,000 312,044 507,044 97,000 57,704 154,704 3 2016 - - - 76,607 67,578 144,184 100,000 42,250 142,250 195,000 308,144 503,144 100,000 54,503 154,503 4 2017 69,573 113,933 183,506 76,607 65,663 142,269 130,000 39,950 169,950 200,000 304,194 504,194 75,000 79,475 154,475 5 2018 97,402 85,922 183,324 87,550 63,611 151,161 125,000 37,400 162,400 200,000 300,194 500,194 79,000 75,625 154,625 6 2019 97,402 83,487 180,889 87,550 61,422 148,972 135,000 34,463 169,463 205,000 296,144 501,144 83,000 71,575 154,575 7 2020 111,317 80,878 192,195 87,550 59,233 146,784 140,000 31,025 171,025 215,000 291,944 506,944 87,000 67,325 154,325 8 2021 111,317 78,096 189,412 87,550 57,045 144,595 145,000 27,463 172,463 215,000 287,106 502,106 91,000 62,875 153,875 9 2022 111,317 75,313 186,629 87,550 54,637 142,187 145,000 23,838 168,838 225,000 281,606 506,606 96,000 58,200 154,200 10 2023 111,317 72,530 183,846 98,494 51,846 150,340 150,000 20,375 170,375 230,000 275,344 505,344 101,000 53,275 154,275 11 2024 111,317 69,468 180,785 98,494 48,645 147,139 145,000 17,130 162,130 240,000 268,294 508,294 106,000 48,100 154,100 12 2025 125,231 65,920 191,151 98,494 45,198 143,692 155,000 13,830 168,830 240,000 261,094 501,094 111,000 42,675 153,675 13 2026 125,231 61,850 187,081 109,438 41,559 150,997 165,000 10,063 175,063 255,000 253,669 508,669 117,000 36,975 153,975 14 2027 125,231 57,467 182,698 109,438 37,729 147,167 160,000 6,000 166,000 260,000 245,619 505,619 123,000 30,975 153,975 15 2028 139,146 52,841 191,986 109,438 33,762 143,199 160,000 2,000 162,000 270,000 237,006 507,006 129,000 24,675 153,675 16 2029 139,146 47,970 187,116 120,382 29,452 149,834 - - - 390,000 225,794 615,794 136,000 18,050 154,050 17 2030 139,146 42,926 182,072 120,382 24,788 145,169 - - - 405,000 211,881 616,881 143,000 11,075 154,075 18 2031 153,060 37,448 190,508 120,382 19,972 140,354 - - - 415,000 197,531 612,531 150,000 3,750 153,750 19 2032 153,060 31,517 184,577 131,325 14,938 146,264 - - - 595,000 178,369 773,369 - - - 20 2033 153,060 25,394 178,454 131,325 9,357 140,682 - - - 315,000 160,169 475,169 - - - 21 2034 166,975 18,993 185,968 142,269 3,201 145,470 - - - 330,000 147,269 477,269 - - - 22 2035 166,975 11,897 178,872 - - - - - - 345,000 133,769 478,769 - - - 23 2036 180,889 4,070 184,959 - - - - - - 360,000 119,669 479,669 - - - 24 2037 - - - - - - - - - 370,000 105,763 475,763 - - - 25 2038 - - - - - - - - - 385,000 92,078 477,078 - - - 26 2039 - - - - - - - - - 400,000 77,850 477,850 - - - 27 2040 - - - - - - - - - 415,000 62,300 477,300 - - - 28 2041 - - - - - - - - - 430,000 45,400 475,400 - - - 29 2042 - - - - - - - - - 450,000 27,800 477,800 - - - 30 2043 - - - - - - - - - 470,000 9,400 479,400 - - - $2,588,110 $1,117,921 $3,706,031 $2,035,545 $879,243 $2,914,788 $2,080,000 $396,935 $2,476,935 $9,320,000 $6,124,599 $15,444,599 $1,917,000 $857,623 $2,774,623 SERIES 2013 COSeries Type Funded by Use:Partial refunding of 2003 & 2008 Various street projectsWA Expansion / Ground Storage Tank Issue Date:April 2013 March 29, 2011April 2013Fiscal Year 2017 Original Issue:$2,200,000 $2,095,000$9,500,000$2,588,110 Issued By: US Bank Independent Bank US Bank TOTAL 4B Fund & General Fund DS 300 Property Tax4B Fund & General Fund TOTAL TOTAL TOTAL *partial refunding of 2003/2008 Certificates of ObligationCertificates of Obligation SERIES 2013 GO-Refunding SERIES 2011 CO Trails and Streets UNKNOWN PROPOSED SERIES 2015 CO Certificates of Obligation 4B Fund & General Fund TOTAL $2,035,545 Fiscal Year 2015 Parks, Trails and Streets UNKNOWN PROPOSED SERIES 2017 CO Certificates of Obligation 4B Fund & General Fund TOTAL Pym t Fiscal No.Year 1 2014 2 2015 3 2016 4 2017 5 2018 6 2019 7 2020 8 2021 9 2022 10 2023 11 2024 12 2025 13 2026 14 2027 15 2028 16 2029 17 2030 18 2031 19 2032 20 2033 21 2034 22 2035 23 2036 24 2037 25 2038 26 2039 27 2040 28 2041 29 2042 30 2043 Series Type Funded by Use: Issue Date: Original Issue: Issued By: TOTAL 300.48840.00. 10 300.48850.00. 10 300.48840.00. 07 300.48850.00. 07 300.48840.00. 03 300.48850.00. 03 300.48840.00. 02 300.48850.00. 02 Principal Interest Principal Interest Principal Interest Principal Interest Principal Interest Total Debt 100,000 223,200 323,200 35,000 294,608 329,608 175,000 97,411 272,411 330,000 21,450 351,450 938,000 1,151,319 2,089,319 440,000 217,800 657,800 35,000 293,295 328,295 185,000 90,630 275,630 - - - 1,126,719 1,105,530 2,232,249 100,000 212,400 312,400 410,000 291,983 701,983 190,000 83,230 273,230 - - - 1,171,607 1,060,087 2,231,693 275,000 207,275 482,275 425,000 276,608 701,608 - 75,250 75,250 - - - 1,251,179 1,162,347 2,413,526 700,000 192,650 892,650 40,000 259,608 299,608 - 75,250 75,250 - - - 1,328,952 1,090,260 2,419,212 715,000 171,425 886,425 40,000 258,008 298,008 - 75,250 75,250 - - - 1,362,952 1,051,773 2,414,726 730,000 149,750 879,750 45,000 256,408 301,408 - 75,250 75,250 - - - 1,415,867 1,011,813 2,427,680 750,000 127,550 877,550 50,000 254,608 304,608 - 75,250 75,250 - - - 1,449,867 969,991 2,419,858 770,000 104,750 874,750 55,000 252,608 307,608 - 75,250 75,250 - - - 1,489,867 926,201 2,416,068 790,000 81,350 871,350 60,000 250,408 310,408 - 75,250 75,250 - - - 1,540,811 880,377 2,421,188 820,000 55,150 875,150 65,000 248,008 313,008 - 75,250 75,250 - - - 1,585,811 830,045 2,415,856 260,000 36,250 296,250 645,000 245,408 890,408 - 75,250 75,250 - - - 1,634,725 785,624 2,420,350 260,000 27,150 287,150 670,000 219,608 889,608 - 75,250 75,250 - - - 1,701,669 726,123 2,427,792 275,000 17,100 292,100 700,000 192,808 892,808 - 75,250 75,250 - - - 1,752,669 662,947 2,415,616 290,000 5,800 295,800 730,000 164,808 894,808 - 75,250 75,250 - - - 1,827,584 596,141 2,423,725 - - - 760,000 134,695 894,695 350,000 75,250 425,250 - - - 1,895,527 531,212 2,426,739 - - - 790,000 103,345 893,345 365,000 57,750 422,750 - - - 1,962,527 451,765 2,414,293 - - - 825,000 70,560 895,560 385,000 39,500 424,500 - - - 2,048,442 368,761 2,417,203 - - - 855,000 35,910 890,910 405,000 20,250 425,250 - - - 2,139,386 280,984 2,420,369 - - - - - - - - - - - - 599,386 194,920 794,306 - - - - - - - - - - - - 639,244 169,463 808,707 - - - - - - - - - - - - 511,975 145,666 657,641 - - - - - - - - - - - - 540,889 123,739 664,628 - - - - - - - - - - - - 370,000 105,763 475,763 - - - - - - - - - - - - 385,000 92,078 477,078 - - - - - - - - - - - - 400,000 77,850 477,850 - - - - - - - - - - - - 415,000 62,300 477,300 - - - - - - - - - - - - 430,000 45,400 475,400 - - - - - - - - - - - - 450,000 27,800 477,800 - - - - - - - - - - - - 470,000 9,400 479,400 $7,275,000 $1,829,600 $9,104,600 $7,235,000 $4,103,285 $11,338,285 $2,055,000 $1,367,021 $3,422,021 $330,000 $21,450 $351,450 $34,835,655 $16,697,678 $51,533,333 Bank of New York Partial refunding of 2002 & 2003 Certificates of Obligation 4B Fund 200 SERIES 2011 GO-Refunding TOTAL TOTAL Bank of New York $6,410,000 $12,400,000 January 15, 2002 2nd phase construction of WA 1st phase construction of WA June 23, 2003 Partial refunding of Series 2002 March 15, 2007December 29, 2011 $7,465,000$7,375,000 US Bank US Bank TOTAL GRAND TOTALTOTAL Certificates of Obligation*partial refunding of 2002/2003 *partial refunding of 2002 4B Fund 2004B Fund & General Fund4B Fund & General Fund SERIES 2002 COSERIES 2007 GO-Refunding SERIES 2003 CO