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05/13/19 City Council Agenda Packet - meeting
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05/13/19 City Council Agenda Packet - meeting
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Agenda Packet
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Meeting
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5/13/2019
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Metropolitan Wastewater Management Commission Capital Improvement Program <br />Major Capital Outlay <br />There are no new requests for Major Capital Outlay in FY 19-20. <br />Asset Management Capital Budget Summary <br />The following table summarizes the FY 19-20 Asset Management Capital Program Budget by project <br />type showing a total AMCP budget of $1,141,000. <br />Asset Management Capital Project Budget <br />FY 19-20 <br /> Project DescriptionBudget <br /> Equipment Replacement$621,000 <br /> Major Rehabilitation 520,000 <br /> Major Capital Outlay - <br /> Total$1,141,000 <br />5-Year Capital Plan (Exhibit 13) <br />For each fiscal planning cycle, only the first year of budget authority is appropriated. The <br />remaining four years of the CIP and AMCP Capital Plans are important and useful for fiscal and <br />work planning purposes. However, it is important to note that the funds in the outer years of the <br />Capital Plan are only planned and not appropriated. Also, the full amount of obligated multi-year <br />project costs is often appropriated in the first year of the project, unless a smaller subset of the <br />project, such as project design, can be identified and funded without budgeting the full estimated <br />project cost. For these multi-year contracts, unspent funds from the first fiscal year will typically <br />be carried over to the next fiscal year until the project is completed. Accordingly, the RWP <br />Capital Plan presented herein is a subsequent extension of the plan presented in the adopted <br />FY 18-19 Budget that has been carried forward by one year. However, changes to the plan <br />typically occur from year to year as more information becomes available. In addition to these <br />yearly adjustments, RWP staff were further informed by a Partial Facilites Plan Update that was <br />completed in June of 2014. Finally, those changes were reflected in the MWMC FY 18-19 <br />budget and continue forward in the FY 19-20 for the 5-Year Capital Plan. <br />Exhibit 13 displays the MWMC 5-Year Capital Plan programs budget, which includes <br />$46,688,000 in planned capital projects and $10,002,000 planned asset management capital <br />projects for an overall 5-Year Capital Plan Budget of $56,690,000. <br />Page 43 FY 19-20 BUDGET AND CIP <br /> <br />- ¸ ΐΒǾ ΑΏΐΘǾ 7®±ª 3¤²²¨® ȟ )³¤¬ Β# <br /> <br />
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