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HomeMy WebLinkAbout2019 07-15 CCP FC Joint Capital Improvement Plan Budget WorksessionAGENDA CITY COUNCIL/FINANCIAL COMMISSION JOINT WORK SESSION Monday, July 15, 2019 6:30 p.m. City Hall – City Council Chambers I. Call to Order II. Approval of Agenda III. Overview/Introduction IV. Capital Improvements Plan 2020 – 2034 V. Individual Capital Projects Funds a. Capital Improvements Fund b. Municipal State Aid Fund c. Street Reconstruction Fund d. Special Assessments Fund e. Overview of Utility Funds f. Technology Fund g. EBHC Capital Fund h. BC Liquor Capital Plan VI. Adjournment i City of Brooklyn Center City Council/Financial Commission Joint Work Session Capital Projects – July 15, 2019 Table of Contents 2020 – 2034 Capital Improvement Plan Introduction ................................................................ Pages 1-2 Charts ......................................................................... Page 3 Project Listing ............................................................. Pages 4-7 Individual Capital Projects Funds Capital Improvements Fund Cash Flows .................................................................. Page 8 Municipal State Aid Fund Cash Flows .................................................................. Page 9 Street Reconstruction Fund Cash Flows .................................................................. Page 10 Special Assessments Fund Cash Flows .................................................................. Page 11 Water Utility Fund Cash Flows .................................................................. Page 12 Sanitary Sewer Utility Fund Cash Flows .................................................................. Page 13 Storm Water Utility Fund Cash Flows .................................................................. Page 14 Street Light Utility Fund Cash Flows .................................................................. Page 15 Technology Fund Technology Capital Plan ............................................. Pages 16 Cash Flows .................................................................. Page 17 EBHC Capital Fund EBHC Capital Plan ..................................................... Pages 18-19 Cash Flows .................................................................. Page 20 BC Liquor BC Liquor Capital Plan .............................................. Page 21 Attachments: 2020-2034 CIP Power Point Presentation……………Page 22-57 2020-2034 Capital Improvement Program Page | 1 City of Brooklyn Center 2020 CAPITAL IMPROVEMENT PROGRAM PROFILE The 2020-34 Capital Improvement Plan (CIP) is a planning document that presents a fifteen-year overview of scheduled capital projects to address the City’s goals for maintaining public infrastructure. The CIP includes a long-term financing plan that allows the City to allocate funds for these projects based on assigned priorities. The fifteen-year horizon of the CIP provides the City with an opportunity to evaluate project priorities annually and to adjust the timing, scope and cost of projects as new information becomes available. The information contained in this plan represents an estimate of improvement costs based on present knowledge and expected conditions. Changes in community priorities, infrastructure condition and inflation rates require that adjustments be made on a routine basis. A capital improvement is defined as a major non-recurring expenditure related to the City’s physical facilities and grounds. The 2020-2034 CIP makes a concerted effort to distinguish between major maintenance projects contained in the City’s operating budgets and capital improvement projects financed through the City’s capital funds and proprietary funds. Typical expenditures include the cost to construct roads, utilities, parks, or municipal structures. The CIP is predicated on the goals and policies established by the City Council, including the general development, redevelopment and maintenance policies that are part of the City’s Comprehensive Plan. A primary objective of the CIP is to identify projects that further these goals and policies in a manner consistent with funding opportunities and in coordination with other improvement projects. CIP Project Types The CIP proposes capital expenditures totaling approximately $192.66 million over the next 15 years for improvements to the City’s streets, parks, public utilities and municipal buildings. A brief description of the four functional areas is provided below. Public Utilities The City operates four utility systems, all of which have projects included in the CIP - water, sanitary sewer, storm drainage and street lighting. A vast majority of the public utility improvements are constructed in conjunction with street reconstruction projects. The remaining portion of public utilities projects include improvements to water supply wells, water towers, lift stations, force mains and storm water treatment system. Street Improvements Street improvements include reconstruction or resurfacing of neighborhood (local), collector and arterial streets. Proposed improvements include the installation or reconstruction of curb and gutter along public roadways. As noted earlier, street improvements are often accompanied by replacement of public utilities. Park Improvements Park improvements include the construction of trails, shelters, playground equipment, athletic field lighting and other facilities that enhance general park appearance and increase park usage by providing recreational facilities that meet community needs. 1 2020-2034 Capital Improvement Program Page | 2 Capital Maintenance Building Improvements Capital maintenance building improvements include short and long term building and facility improvements identified in the 18-year Capital Maintenance Building Program approved in 2007. CIP Funding Sources Capital expenditures by funding source for the fifteen-year period are shown in Table 1 and Figure 1. Major funding sources are described below. Public Utility Funds Customers are billed for services provided by the City’s water, sanitary sewer, storm sewer and street lighting public utilities. Fees charged to customers are based on operating requirements and capital needs to ensure that equipment and facilities are replaced to maintain basic utility services. Annually the City Council evaluates the needs of each public utility system and establishes rates for each system to meet those needs. Special Assessments Properties benefiting from street and storm sewer improvements are assessed a portion of the project costs in accordance with the City’s Special Assessment Policy. Every year the City Council establishes special assessment rates for projects occurring the following year. Rates are typically adjusted annually to maintain the relative proportion of special assessments to other funding sources. Street Reconstruction Fund The Street Reconstruction Fund provides for the cost of local street improvements along roadways that are not designated as Municipal State Aid (MSA) routes. The revenue for this fund is generated from franchise fees charged for the use of public right-of-way by natural gas and electric utility companies. Debt was issued in 2018 to supplement this fund and is expected to again be issued in 2019 and future years to maintain the current reconstruction plan. MSA Fund State-shared gas taxes provide funding for street improvements and related costs for those roadways identified as MSA streets. The City has 21 miles of roadway identified as MSA streets and is therefore eligible to receive funding based on this designation. The annual amount available in 2020 is estimated to be $1,270,000 and provides for maintenance and construction activities within the City’s MSA street system. Capital Projects Funds The City Council adopted a Capital Project Funding Policy in January 2014 (amended July 8, 2019), to provide reoccurring sources of funding for the City’s Capital Projects Funds. The Policy specifically identifies three main funding sources including: audited year-end General Fund unassigned fund balance above 52 percent of the next year’s General Fund operating budget; audited year-end Liquor Fund unrestricted cash balance that exceeds two and a half months of the next year’s operating budget and one year of budgeted capital equipment needs; and Local Governmental Aid (LGA) received in the amount of $650,000 or half of the amount received by the City (whichever is greater). Other funding sources in this category include grants, park district funding, watershed funding, federal and state funding and county funding as determined on a project by project basis. Typically the City Council has directed these funds towards municipal facilities such as parks, trails, public buildings and other general purpose needs. 2 2020-2034 Capital Improvement Program Page | 3 TABLE 1. 2020-2034 Capital Improvement Plan - Summary by Funding Source FIGURE 1. 2020-2034 Capital Improvement Plan – Overview of Project and Funding Sources Water Utility, 12% Sanitary Sewer, 10% Storm Drainage, 10% Street Light, 1% MSA, 7% Street Reconstruction, 16% Capital Projects, 34% Special Assessments, 10% Capital Improvement Plan by Funding Source Total Funding Need 15-yr Average Annual Funding Need Percent of Total Need Water Utility $23,559,000 $1,570,600 12% Sanitary Sewer Utility $19,806,000 $1,320,400 10% Storm Drainage Utility $18,540,000 $1,236,000 10% Street Lighting Utility $1,963,000 $130,867 1% Municipal State Aid $12,750,000 $850,000 7% Street Reconstruction Fund $30,942,000 $2,062,800 16% Capital Projects Fund $66,376,700 $4,425,113 34% Special Assessment Collections $18,720,000 $1,248,000 10% TOTAL $192,656,700 $12,843,780 100% 3 Ta b l e 2 Ca p i t a l I m p r o v e m e n t P r o g r a m ( 2 0 2 0 - 2 0 3 4 ) Ju n e 2 0 , 2 0 1 9 Sp e c i a l S t r e e t MS A S t o r m D r a i n a g e S a n i t a r y S e w e r W a t e r S t r e e t L i g h t C a pi t a l P r o j e c t s T o t a l P r o j e c t Pr o j e c t As s e s s m e n t s R e c o n s t . F u n d F u n d Ut il i t y Ut i l i t y Ut i l i t y Ut i l i t y Fu n d s Cost tracking Notes 20 2 0 Gr a n d v i e w P a r k A r e a N o r t h I m p r o v e m e n t s $1 , 0 4 0 , 0 0 0 $ 2 , 1 1 0 , 0 0 0 $1 , 2 4 0 , 0 0 0 $ 1 , 0 6 0 , 0 0 0 $ 1 , 1 2 0 , 0 0 0 $ 6 0 , 0 0 0 $6,630,000 Split project into 2 years (North 2020-South 2021) Sh i n g l e C r e e k P a r k w a y B r i d g e R e h a b i l i t a t i o n ( 2 B r i d g e s ) $2 4 0 , 0 0 0 $240,000 New: 2019 bridge project split into 2 projects Ba s s L a k e R o a d a t X e r x e s A v e n u e T r a f f i c S i g n a l A D A U p g r a d e s $6 0 , 00 0 (A)$60,000 New, Joint project with Hennepin County Mi s c e l l a n e o u s R e t a i n i n g W a l l R e p l a c e m e n t s $3 7 3 , 0 0 0 $373,000 Br o o k l y n B l v d C i t y N o r t h E n t r a n c e S i g n R e h a b $8 8 , 0 0 0 $88,000 Updated cost per BB Phase 1 contract price Pa r k P l a y g r o u n d E q u i p R e p l a c e m e n t $5 0 4 , 0 0 0 $504,000 Carryover from 2019 Li f t S t a t i o n N o . 6 R e h a b i l i t a t i o n $6 3 3 , 0 0 0 $633,000 Prev. 2026 W a t e r T o w e r N o . 1 P a i n t i n g $1 , 0 2 0 , 0 0 0 $1,020,000 W e l l N o . 5 R e h a b i l i t a t i o n $1 2 4 , 0 0 0 $124,000 Updated cost for Electrical St o r m W a t e r P o n d 4 0 - 0 0 1 R e h a b $2 6 0 , 0 0 0 $260,000 Co n n e c t i o n s a t S h i n g l e C r e e k P h a s e 2 ( C r e e k S t a b i l i z a t i o n P r o j e ct ) $4 0 6 , 0 0 0 (B)$406,000 Prev. 2019 Br i n e E q u i p m e n t P r o j e c t $1 2 5 , 0 0 0 (C)$125,000 New with $50,000 watershed grant CM B P : C i t y H a l l - C o m m u n i t y D e v e l o p m e n t O f f i c e E x p a n s i o n $2 3 0 , 0 0 0 $230,000 New: CARS spreadsheet CM B P - P u b l i c W o r k s - C a r p e t & P a i n t $6 0 , 0 0 0 $60,000 CM B P - C H , C C , F i r e , P o l i c e - E x p a n s i o n J o i n t C a u l k i n g $7 6 , 8 0 0 $76,800 20 2 0 S u b t o t a l $1 , 0 4 0 , 0 0 0 $ 2 , 3 5 0 , 0 0 0 $ 6 0 , 0 0 0 $ 2 , 0 3 1 , 0 0 0 $ 1 , 6 9 3 , 0 0 0 $ 2 , 2 6 4 , 0 0 0 $ 6 0 , 0 0 0 $ 1 , 3 3 1 , 8 0 0 $10,829,800 NO T E S : (A ) H e n n e p i n C o u n t y f u n d i n g e s t i m a t e d a t 5 0 % ( $ 3 0 k ) a n d 5 0 % C i t y M S A f u n d i n g ( $ 3 0 k ) (B ) W a t e r s h e d f u n d i n g e s t i m a t e d a t 7 5 % ( $ 3 0 5 k ) a n d 2 5 % C i t y f u n di n g ( $ 1 0 1 k ) (C ) W a t e r s h e d f u n d i n g e s t i m a t e d a t ( $ 5 0 k ) a n d C i t y S t o r m D r a i n a ge U t i l i t y f u n d i n g ( $ 7 5 k ) 20 2 1 Gr a n d v i e w P a r k A r e a S o u t h I m p r o v e m e n t s $1 , 2 6 0 , 0 0 0 $ 2 , 7 9 0 , 0 0 0 $ 1 , 7 0 0 , 0 0 0 $ 1 , 8 8 0 , 0 0 0 $ 1 , 4 0 0 , 0 0 0 $ 1 , 9 9 0 , 0 0 0 $ 6 0 , 0 0 0 $11,080,000Split project into 2 years (North 2020-South 2021) and includes 2020 59th, Lilac & Logan project Hu m b o l d t A v e ( C R 5 7 ) R e c o n s t r u c t i o n ( 5 3 r d t o 5 7 t h ) $3 2 0 , 0 0 0 $ 3 9 5 , 00 0 $1 1 0 , 0 0 0 $ 3 8 0 , 0 0 0 $ 3 9 0 , 0 0 0 $ 2 0 , 0 0 0 $ 8 2 5 , 0 0 0 ( D ) $ 2 , 4 4 0 , 0 0 0 Prev. 2020: County has $700,000 in 2019 HC CIP;Changed MSA fund ing to Street Recon Funding and updated assessments Ry a n L a k e I n d u s t r i a l P a r k A r e a I m p r o v e m e n t s $3 0 0 , 0 0 0 $ 3 8 0 , 0 0 0 $2 0 0 , 0 0 0 $ 1 9 0 , 0 0 0 $ 3 0 0 , 0 0 0 $ 1 0 , 0 0 0 $1,380,000 No r t h w e s t A r e a M i l l a n d O v er l a y $2 1 0 , 0 0 0 $ 6 0 0 , 0 0 0 $4 0 0 , 0 0 0 $ 2 0 0 , 0 0 0 $3 9 0 , 0 0 0 $ 5 0 , 0 0 0 $1,850,000 added 50% Hydrant Replacement Ly n d a l e A v e n u e I m p r o v e m e n t s $5 0 , 0 0 0 $ 2 4 0 , 0 0 0 $ 1 5 0 , 0 0 0 $ 1 1 0 , 0 0 0 $ 1 3 0 , 0 0 0 $ 2 0 , 0 0 0 $ 2 0 , 0 0 0 $720,000 Br o o k l y n B o u l e v a r d C o r r i d o r P h a s e 2 - B a s s L k R d t o I - 9 4 $7 0 0 , 0 0 0 $ 2 4 0 , 0 0 0 $ 2 4 0 , 0 0 0 $ 1 8 0 , 0 0 0 $ 2 5 0 , 0 0 0 $ 1 3 , 3 9 9 , 0 0 0 ( E ) $ 1 5 , 0 0 9 , 0 0 0 A d d e d s a n i t a r y s e w e r l i n i n g Tr a f f i c S i g S y s R e h a b ( S h i n g l e C r e e k P k w y / S u m m i t ) $6 9 , 0 0 0 $ 2 0 6 , 0 0 0 $275,000 Opportunity Site Area: Could move years pending master plan Tr a f f i c S i g S y s R e h a b . ( S h i n g l e C r e e k P k w y / J o h n M a r t i n ) $6 9 , 0 0 0 $ 20 6 , 0 0 0 $275,000 Opportunity Site Area: Could move years pending master plan Pa r k P l a y g r o u n d E q u i p R e p l a c e m e n t $5 3 1 , 0 0 0 $531,000 Prev. 2020 61 s t & P e r r y A v e n u e s S t o r m S e w e r I m p r o v e m e n t $1 7 5 , 0 0 0 $175,000 65 t h A v e n u e T r u n k S t o r m S e w e r R e h a b i l i t a t i o n $4 7 7 , 0 0 0 $477,000 Li f t S t a t i o n N o . 8 R e h a b i l i t a t i o n $4 4 2 , 0 0 0 $442,000 Prev. 2020 Li f t S t a t i o n N o . 9 R e h a b i l i t a t i o n $5 7 1 , 0 0 0 $571,000 Opportunity Site Area: Could move years pending master plan Li f t S t a t i o n N o . 9 F o r c e M a i n R e p l a c e m e n t $3 1 4 , 0 0 0 $314,000 Opportunity Site Area: Could move years pending master plan W e l l N o . 1 0 a n d H i g h S e r v i c e P u m p ( H S P ) R e h a b ( B W ) $9 6 , 0 0 0 $96,000 CM B P : C i v i c C e n t e r - C o o l i n g R e p l a c e ( C h i l l e r s / c o n d e n s e r s ) $1 1 5 , 9 0 0 $115,900 20 2 1 S u b t o t a l $2 , 1 4 0 , 0 0 0 $ 4 , 5 4 3 , 0 0 0 $ 2 , 9 6 2 , 0 0 0 $ 3 , 5 9 2 , 0 0 0 $ 3 , 8 6 7 , 0 0 0 $ 3 , 3 6 6 , 0 0 0 $ 4 1 0 , 0 0 0 $ 1 4 , 8 7 0 , 9 0 0 $35,750,900 NO T E S : (D ) A n t i c i p a t e d H e n n e p i n C o u n t y f u n d i n g s h a r e - H u m b o l d t A v e i s a c o u n t y r o a d ( C R 5 7 ) 20 2 2 W o o d b i n e A r e a I m p r o v e m e n t s $ 1 , 6 1 0 , 0 0 0 $ 1 , 9 5 0 , 0 0 0 $ 1 7 0 , 0 0 0 $ 6 0 0 , 0 0 0 $ 1 , 5 3 0 , 0 0 0 $ 2 , 8 5 0 , 0 0 0 $ 1 3 0 , 0 0 0 $8,840,000 Mi s c e l l a n e o u s P a r k P a r k i n g L o t M i l l a n d O v e r l a y $5 6 9 , 0 0 0 $569,000 W e s t R i v e r R d , A r b o r e t u m , F r e e w a y , P a l m e r L a k e & N o r t h p o r t T r a i l R e p l a c e m e n t s $5 4 8 , 0 0 0 $548,000 Pa r k P l a y g r o u n d E q u i p R e p l a c e m e n t $5 5 9 , 0 0 0 $559,000 Prev. 2021 St o r m W a t e r P o n d s 1 2 - 0 0 1 , 1 2 - 0 0 6 & 5 7 - 0 0 3 R e h a b $1 2 5 , 0 0 0 $125,000 Fr e e w a y a n d H i g h w a y U t i l i t y C r o s s i n g R e p l a c e m e n t $1 9 4 , 0 0 0 $ 3 9 3 , 0 0 0 $587,000 W e l l N o . 7 a n d W a t e r T r e a t m e n t P l a n t H S P N o . 1 $9 9 , 0 0 0 $99,000 CM B P : A l l - F i r e A l a r m / A n n u n c i a t o r R e p l a c e m e n t $5 0 , 0 0 0 $50,000 New: CARS spreadsheet CM B P : C i v i c C e n t e r - A i r H a n d l e r s # 4 , # 5 R e p l a c e $6 7 , 3 0 0 $67,300 CM B P : E a s t / W e s t F i r e - R o o f R e p l a c e m e n t $3 6 3 , 9 0 0 $363,900 CM B P : W e s t F i r e - R o o f t o p U n i t R e p l a c e m e n t $5 8 , 4 0 0 $58,400 CM B P : P o l i c e - P a r k i n g L o t M i l l & O v e r l a y $1 0 7 , 1 0 0 $107,100 New: CARS spreadsheet CM B P : P u b l i c W o r k s - L i g h t i n g S y s t e m U p g r a d e $9 7 , 6 0 0 $97,600 20 2 2 S u b t o t a l $1 , 6 1 0 , 0 0 0 $ 1 , 9 5 0 , 0 0 0 $ 1 7 0 , 0 0 0 $ 7 2 5 , 0 0 0 $ 1 , 7 2 4 , 0 0 0 $ 3 , 3 4 2 , 0 0 0 $ 1 3 0 , 0 0 0 $ 2 , 4 2 0 , 3 0 0 $12,071,300 (E ) F e d e r a l f u n d i n g ( $ 6 , 6 1 6 , 0 0 0 ) , H e n n e p i n C o u n t y ( $ 4 , 5 0 0 , 0 0 0 ) , X c e l U t i l i t y S u r c h a r g e ( $ 3 5 0 , 0 0 0 ) , C i t y C a p i t a l I m p r o v e m e n t s F un d ( $ 1 , 9 3 3 , 0 0 0 ) . G: \ B u d g e t \ 2 0 2 0 B u d g e t \ C a p i t a l I m p r o v e m e n t P l a n s \ 1 9 0 7 0 2 _ D R A F T _ 2 0 20 - 2 0 3 4 C I P T a b l e 2 Page | 6 4 Ta b l e 2 Ca p i t a l I m p r o v e m e n t P r o g r a m ( 2 0 2 0 - 2 0 3 4 ) Ju n e 2 0 , 2 0 1 9 Sp e c i a l S t r e e t MS A S t o r m D r a i n a g e S a n i t a r y S e w e r W a t e r S t r e e t L i g h t C a pi t a l P r o j e c t s T o t a l P r o j e c t Pr o j e c t As s e s s m e n t s R e c o n s t . F u n d F u n d Ut il i t y Ut i l i t y Ut i l i t y Ut i l i t y Fu n d s Cost tracking Notes 20 2 3 53 r d A v e n u e I m p r o v e m e n t s ( P e n n A v e t o L y n d a l e A v e ) $3 0 , 0 0 0 $1 , 1 3 0 , 0 0 0 $ 1 8 0 , 0 0 0 $ 1 2 0 , 0 0 0 $ 5 4 0 , 0 0 0 $ 1 3 0 , 0 0 0 $ 1 , 8 1 0 , 0 0 0 ( F ) $ 3 , 9 4 0 , 0 0 0 Revised to show City of Minneapolis costs for full replacement, Minneapolis CIP has pavement replacement only 50 t h A v e n u e I m p r o v e m e n t s ( F r a n c e A v e t o D r e w A v e ) $4 0 , 0 0 0 $ 1 1 0 , 0 0 0 $3 0 , 0 0 0 $ 2 0 , 0 0 0 $ 1 4 0 , 0 0 0 $340,000 51 s t A v e n u e I m p r o v e m e n t s ( w e s t o f F r a n c e A v e n u e ) $1 6 0 , 0 0 0 $ 9 0 , 0 0 0 $4 0 , 0 0 0 $ 1 0 , 0 0 0 $ 1 0 , 0 0 0 $ 2 0 , 0 0 0 $330,000 Kn o x , J a m e s a n d 5 4 t h A v e . A r e a I m p r o v e m e n t s $4 6 0 , 0 0 0 $ 4 0 0 , 0 0 0 $1 1 0 , 0 0 0 $ 2 0 , 0 0 0 $ 1 0 0 , 0 0 0 $1,090,000 Added 50% Hydrant Replacement TH 2 5 2 / 6 6 t h I n t e r c h a n g e a n d 7 0 t h P e d e s t r i a n O v e r p a s s $3 5 , 0 0 0 , 0 0 0 ( G ) $ 3 5 , 0 0 0 , 0 0 0 P r e v . 2 0 2 2 Ea r l e B r o w n / O p p o r t u n i t y A r e a S t r e e t L i g h t R e p l a c e m e n t $2 5 3 , 0 0 0 $253,000 Opportunity Site Area: Could move years pending master plan Ev e r g r e e n P a r k S c o r e B o a r d I m p r o v e m e n t s $1 4 4 , 0 0 0 $144,000 Li f t S t a t i o n N o s . 4 a n d 5 R e h a b i l i t a t i o n $5 1 9 , 0 0 0 $519,000 W e l l N o s . 4 a n d 9 ; W a t e r T r e a t m e n t P l a n t H S P N o . 2 $1 8 5 , 0 0 0 $185,000 St o r m W a t e r P o n d 4 8 - 0 0 1 R e h a b $3 3 4 , 0 0 0 $334,000 Revised estimated removal CM B P : C i t y H a l l / C C A d d i t i o n - R o o f R e p l a c e m e n t $4 0 4 , 4 0 0 $404,400 20 2 3 S u b t o t a l $6 9 0 , 0 0 0 $ 6 0 0 , 0 0 0 $ 1 , 1 3 0 , 0 0 0 $ 6 9 4 , 0 0 0 $ 6 8 9 , 0 0 0 $ 9 7 5 , 0 0 0 $ 4 0 3 , 0 0 0 $ 3 7 , 3 5 8 , 4 0 0 $42,539,400 NO T E S : (F ) E s t i m a t e d c o s t s h a r i n g w i t h C i t y o f M i n n e a p o l i s p e r 1 9 7 0 a g r e e m e n t 20 2 4 Or c h a r d L a n e E a s t I m p r o v e m e n t s $ 2 , 4 5 0 , 0 0 0 $ 2 , 8 5 0 , 00 0 $ 4 0 0 , 0 0 0 $ 1 , 5 8 0, 0 0 0 $ 3 , 4 5 0 , 0 0 0 $ 1 6 0 , 0 0 0 $10,890,000 Could consider splitting the project up in the future due to size Hu m b o l d t A v e I m p r o v e m e n t s $3 3 0 , 0 0 0 $4 1 0 , 0 0 0 $ 6 0 , 0 0 0 $ 3 3 0 , 0 0 0 $ 2 0 0 , 0 0 0 $ 3 0 , 0 0 0 $1,360,000 Ce n t e n n i a l P a r k S o f t b a l l F i e l d I m p r o v e m e n t s $5 7 9 , 0 0 0 $579,000 W e l l N o s . 6 a n d 8 ; W a t e r T re a t m e n t P l a n t H S P N o . 3 $1 9 0 , 0 0 0 $190,000 CM B P : E a s t / W e s t F i r e - P a r k i n g L o t M i l l & O v e r l a y $1 1 7 , 7 0 0 $117,700 New: CARS spreadsheet CM B P : P o l i c e - R o o f R e p l a c e m e n t $2 6 6 , 9 0 0 $266,900 20 2 4 S u b t o t a l $2 , 7 8 0 , 0 0 0 $ 2 , 8 5 0 , 0 0 0 $ 4 1 0 , 0 0 0 $ 4 6 0 , 0 0 0 $ 1 , 9 1 0 , 0 0 0 $ 3 , 8 4 0 , 0 0 0 $ 1 9 0 , 0 0 0 $ 9 6 3 , 6 0 0 $13,403,600 20 2 5 Or c h a r d L a n e W e s t A r e a I m p r o v e m e n t s $ 3 , 5 6 0 , 0 0 0 $ 3 , 1 6 0 , 0 0 0 $ 3 5 0 , 0 0 0 $1 , 8 1 0 , 0 0 0 $ 1 7 0 , 0 0 0 $ 2 0 0 , 0 0 0 $ 9 , 2 5 0 , 0 0 0 C o u l d c o n s i d e r s p l i t t i n g t h e project up in the future due to size 53 r d a n d X e r x e s A v e n u e I m p r o v e m e n t s $ 8 0 , 0 0 0 $ 4 5 0 , 0 0 0 $ 1 2 0 , 0 0 0 $ 6 0 , 0 0 0 $710,000 No cost participation by City of Minneapolis per 1970 agreement 69 t h   A v e   ( C S A H   1 3 0 )   U n i t y  t o   B r o o k l y n   B o u l e v a r d $4 0 , 0 0 0 $ 4 1 0 , 0 0 0 $3 0 , 0 0 0 $ 6 1 0 , 0 0 0 $ 8 8 0 , 0 0 0 $ 1 0 , 0 0 0 $ 1 , 9 2 0 , 0 0 0 ( H ) $ 3 , 9 0 0,000 New: assumes 80% County/20% City for street and storm cost s Tr a f f i c S i g S y s R e h a b . ( S h i n g l e C r e e k P k w y / B r o o k d a l e S q ) $1 0 2 , 0 0 0 $2 0 7 , 0 0 0 $309,000 Opportunity Site Area: Could move years pending master plan Pa r k N a m e S i g n R e p l a c e m e n t s $7 2 , 0 0 0 $72,000 We l l N o s . 2 a n d 3 ; W a t e r T r e a t m e n t P l a n t H S P N o . 4 $1 9 6 , 0 0 0 $196,000 St o r m W a t e r P o n d 1 7 - 0 0 1 R e h a b $1 5 2 , 0 0 0 $152,000 CM B P : C o m m u n i t y C e n t e r - W a t e r S l i d e S k y l i g h t $5 4 , 5 0 0 $54,500 New: CARS spreadsheet CM B P : P u b l i c W o r k s C o l d - R o o f R e p l a c e m e n t $1 1 7 , 1 0 0 $117,100 CM B P : P u b l i c W o r k s S a l t - R o o f R e p l a c e m e n t $5 5 , 6 0 0 $55,600 20 2 5 S u b t o t a l $3 , 6 8 0 , 0 0 0 $ 4 , 1 2 2 , 0 0 0 $ 2 0 7 , 0 0 0 $ 6 5 2 , 0 0 0 $ 2 , 4 2 0 , 0 0 0 $ 1 , 2 4 6 , 0 0 0 $ 2 7 0 , 0 0 0 $ 2 , 2 1 9 , 2 0 0 $14,816,200 NO T E S : (H ) H e n n e p i n C o u n t y f u n d i n g e s t i m a t e d a t 8 0 % f o r s t r e e t a n d s t o r m c o s t s a n d 2 0 % C i t y f u n d i n g 20 2 6 Me a d o w l a r k G a r d e n s A r e a I m p r o v e m e n t s $ 9 4 0 , 0 0 0 $ 7 0 0 , 0 0 0 $ 4 6 0 , 0 0 0 $ 2 3 0 , 0 0 0 $ 1 0 0 , 0 0 0 $ 3 3 0 , 0 0 0 $ 1 2 0 , 0 0 0 $2,880,000 67 t h A v e n u e a n d J a m e s A v e n u e M il l a n d O v e r l a y $1 6 0 , 0 0 0 $ 1 3 0 , 0 0 0 $1 10 , 0 0 0 $ 1 0 , 0 0 0 $ 6 0 , 0 0 0 $ 2 0 , 0 0 0 $490,000 Added 50% Hydrant Replacemen t 68 t h A v e n u e a n d L e e A v e n u e M i l l an d O v e r l a y $1 3 0 , 0 0 0 $ 1 0 0 , 0 0 0 $1 0 0 ,0 0 0 $ 1 0 , 0 0 0 $ 7 0 , 0 0 0 $ 2 0 , 0 0 0 $430,000 Added 50% Hydrant Replacement Jo h n M a r t i n D r i v e M i l l a n d O v er l a y $1 0 0 , 0 0 0 $1 3 0 , 0 0 0 $ 3 0 , 0 0 0 $ 1 0 , 0 0 0 $ 5 0 , 0 0 0 $ 6 0 , 0 0 0 $380,000 Added 50% Hydrant Replacement St . A l p h o n s e s A r e a M il l a n d O v e r l a y $3 9 0 , 0 0 0 $ 2 4 0 , 0 0 0 $2 4 0 , 0 0 0 $ 4 0 , 0 0 0 $ 1 7 0 , 0 0 0 $ 5 0 , 0 0 0 $1 ,130,000 Added 50% Hydrant Replacement Hu m b o l d t A v e ( 6 5 t h t o 6 9 t h ) M i l l a n d O v e r l a y $6 0 , 0 0 0 $6 1 0 , 0 0 0 $ 7 0 , 00 0 $ 2 0 , 0 0 0 $ 1 0 , 0 0 0 $ 1 0 , 0 0 0 $780,000 New; Could move years pending TH 252 recommended improvements Ho c k e y R i n k R e h a b i l i t a t i o n / R e p l a c e m e n t s $2 1 4 , 0 0 0 $214,000 Ir r i g a t i o n S y s t e m s R e h a b il i t a t i o n / R e p l a c e m e n t s $1 4 3 , 0 0 0 $143,000 Li f t S t a t i o n N o s . 3 R e h a b i l i t a t i o n $2 8 1 , 0 0 0 $281,000 W e l l N o . 5 a n d W a t e r T r e a t m e n t P l a n t H S P ( B W ) $1 1 1 , 0 0 0 $111,000 St o r m W a t e r P o n d s 4 1 - 0 0 1 , 4 1 - 0 0 2 & 5 3 - 0 0 1 R e h a b $1 5 4 , 0 0 0 $154,000 CM B P : W e s t F i r e - G e n e r a t o r / T r a n s f e r R e p l a c e m e n t $1 8 5 , 1 0 0 $185,100 CM B P : P o l i c e - C o n d e n s e r J a i l $6 4 , 5 0 0 $64,500 New: CARS spreadsheet 20 2 6 S u b t o t a l $1 , 7 8 0 , 0 0 0 $ 1 , 1 7 0 , 0 0 0 $ 1 , 2 0 0 , 0 0 0 $ 9 3 4 , 0 0 0 $ 4 7 1 , 0 0 0 $ 8 0 1 , 0 0 0 $ 2 8 0 , 0 0 0 $ 6 0 6 , 6 0 0 $7,242,600 (G ) P r o v i s i o n a l p r o je c t : f un d i n g e s t i m a te d o u t s i de s o u r c e ( $ 2 9 , 50 0 , 0 0 0 ) a n d C i t y C a p i t a l I m p r o v e m e n t s F u n d ( $ 5 , 5 0 0 , 0 0 0 ) G: \ B u d g e t \ 2 0 2 0 B u d g e t \ C a p i t a l I m p r o v e m e n t P l a n s \ 1 9 0 7 0 2 _ D R A F T _ 2 0 20 - 2 0 3 4 C I P T a b l e 2 Page | 7 5 Ta b l e 2 Ca p i t a l I m p r o v e m e n t P r o g r a m ( 2 0 2 0 - 2 0 3 4 ) Ju n e 2 0 , 2 0 1 9 Sp e c i a l S t r e e t MS A S t o r m D r a i n a g e S a n i t a r y S e w e r W a t e r S t r e e t L i g h t C a pi t a l P r o j e c t s T o t a l P r o j e c t Pr o j e c t As s e s s m e n t s R e c o n s t . F u n d F u n d Ut il i t y Ut i l i t y Ut i l i t y Ut i l i t y Fu n d s Cost tracking Notes 20 2 7 Ea r l e B r o w n D r i v e A r e a I m p r o v e m e n t s $ 5 0 , 0 0 0 $ 1 , 3 3 0 , 0 0 0 $ 6 4 0 , 0 0 0 $ 1 3 0, 0 0 0 $ 2 0 , 0 0 0 $ 2 0 , 0 0 0 $ 2 , 1 9 0 , 0 0 0 65 t h / 6 6 t h A v e n u e a n d C a m d e n A v en u e M i l l a n d O v e r l a y $7 0 , 0 0 0 $ 2 7 0 , 00 0 $ 6 6 0 , 0 0 0 $ 1 5 0 , 0 0 0 $ 3 0 0 , 0 0 0 $ 2 0 , 0 0 0 $1,470,000Revised projec t boundaries: extended to Humboldt, Could move ye ars pending TH 252 recommended improvements 73 r d A v e n u e M i l l a n d O v e r l a y ( H u m b o l d t t o C a m d e n ) $5 0 , 0 0 0 $7 0 , 0 0 0 $ 1 1 0 , 0 0 0 $ 6 0 , 0 0 0 $ 2 0 , 0 0 0 $ 1 0 , 0 0 0 $2 9 0 , 0 0 0 (I)$610,000 Revised to show City of Brooklyn Park costs So f t b a l l / B a s e b a l l F e n c e R e p l a c e m e n t $6 4 , 0 0 0 $64,000 69 t h A v e n u e T r a i l R e c o n s t r u c t i o n $2 1 7 , 0 0 0 $217,000 69 t h A v e n u e L a n d s c a p e R e h a b i l i t a t i o n $1 4 6 , 0 0 0 $146,000 W e l l N o . 1 0 a n d W a t e r T r e a t m e n t P l a n t H S P N o . 1 $1 1 3 , 0 0 0 $113,000 CM B P : P o l i c e - G e n e r a t o r / T r a n s f e r R e p l a c e m e n t $1 6 9 , 7 0 0 $169,700 CM B P : P o l i c e - M a i n C o n d e n s e r $6 5 , 4 0 0 $65,400 20 2 7 S u b t o t a l $1 7 0 , 0 0 0 $ 1 , 6 7 0 , 0 0 0 $ 1 , 4 1 0 , 0 0 0 $ 3 4 0 , 0 0 0 $ 3 4 0 , 0 0 0 $ 1 6 3 , 0 0 0 $9 5 2 , 1 0 0 $5,045,100 NO T E S : (I ) 5 0 % C o s t s h a r i n g o f s t r e e t & s t o r m w i t h C i t y o f B r o o k l y n P a rk p e r 1 9 9 9 a g r e e m e n t 20 2 8 Ga r d e n C i t y C e n t r a l A r e a M i l l a n d O v e r l a y $ 7 3 0 , 0 0 0 $ 1 , 8 0 0 , 0 0 0 $ 2 9 0 ,0 0 0 $ 9 7 0 , 0 0 0 $ 4 1 0 , 0 0 0 $ 1 0 0 , 0 0 0 $ 4 , 3 0 0 , 0 0 0 Sh i n g l e C r e e k P k w y a n d X e r x e s A v e M i l l a n d O v e r l a y $ 1 2 0 , 0 0 0 $ 1 , 4 3 0, 0 0 0 $ 2 5 0 , 0 0 0 $ 4 0 , 0 0 0 $ 4 6 0 , 0 0 0 $ 9 0 , 0 0 0 $ 2 , 3 9 0 , 0 0 0 N e w Pa r k T r a i l a n d P a r k i n g L o t L i g h t i n g I m p r o v e m e n t s $3 9 6 , 0 0 0 $ 3 9 6 , 0 0 0 W a t e r M e t e r F u l l S y s t e m R e p l a c e m e n t $5 4 6 , 0 0 0 $ 1 , 6 3 7 , 0 0 0 $ 2 , 1 8 3 , 0 0 0 P r e v . 2 0 2 5 W e l l N o . 7 a n d W a t e r T r e a t m e n t P l a n t H S P N o . 2 $1 1 4 , 0 0 0 $ 1 1 4 , 0 0 0 Em e r g e n c y R e s p o n d e r R a d i o R e p l a c e m e n t ( P o l i c e / F i r e / P W ) $6 0 0 , 0 0 0 $ 6 0 0 , 0 0 0 CM B P : C i t y H a l l - R i b b o n W i n d o w R e p l a c e m e n t $8 3 , 6 0 0 $ 8 3 , 6 0 0 CM B P : C o m m u n i t y C e n t e r - R i b b o n W i n d o w R e p l a c e m e n t $1 0 0 , 2 0 0 $ 1 0 0 , 2 0 0 CM B P : P o l i c e - C a r p e t R e p l a c e m e n t $6 7 , 7 0 0 $ 6 7 , 7 0 0 20 2 8 S u b t o t a l $8 5 0 , 0 0 0 $ 1 , 8 0 0 , 0 0 0 $ 1 , 7 2 0 , 0 0 0 $ 1 , 2 2 0 , 0 0 0 $ 9 9 6 , 0 0 0 $ 2 , 3 1 1 , 0 0 0 $ 9 0 , 0 0 0 $ 1 , 2 4 7 , 5 0 0 $10,234,500 20 2 9 Ga r d e n C i t y N o r t h A r e a M i l l a n d O v e r l a y $ 6 1 0 , 0 0 0 $ 2 , 4 0 0 , 0 0 0 $ 2 , 7 4 0 ,0 0 0 $ 6 4 0 , 0 0 0 $ 5 9 0 , 0 0 0 $ 6 , 9 8 0 , 0 0 0 Re t a i n i n g W a l l R e p l a c e m e n t ( m i s c e l l a n e o u s l o c a t i o n s ) $1 2 3 , 0 0 0 $ 1 2 3 , 0 0 0 Li f t S t a t i o n N o s . 7 a n d 1 0 R e h a b i l i t a t i o n $1 , 0 7 2 , 0 0 0 $ 1 , 0 7 2 , 0 0 0 W e l l N o s . 4 a n d 9 a n d W a t e r T r e a t m e n t P l a n t H S P N o . 3 $2 1 1 , 0 0 0 $ 2 1 1 , 0 0 0 St o r m W a t e r P o n d s 1 1 - 0 0 1 , 5 9 - 0 0 3 , 6 0 - 0 0 3 , 6 3 - 0 0 1 , 6 3 - 0 0 2 & 6 4 - 0 $1 0 8 , 0 0 0 $108,000 CM B P : C i t y H a l l - M a i n S w i t c h G e a r R e p l a c e m e n t $2 6 4 , 8 0 0 $ 2 6 4 , 8 0 0 CM B P : C o m m u n i t y C e n t e r - C a r p e t R e p l a c e m e n t $6 8 , 7 0 0 $ 6 8 , 7 0 0 20 2 9 S u b t o t a l $6 1 0 , 0 0 0 $ 2 , 4 0 0 , 0 0 0 $ 2 , 8 4 8 , 0 0 0 $ 1 , 7 1 2 , 0 0 0 $ 8 0 1 , 0 0 0 $ 4 5 6 , 5 0 0 $8,827,500 20 3 0 Ga r d e n C i t y S o u t h A r e a M i l l a n d O v e r l a y $ 4 8 0 , 0 0 0 $ 2 , 3 4 0 , 0 0 0 $ 9 9 0 , 0 00 $ 1 , 3 2 0 , 0 0 0 $ 8 0 0 , 0 0 0 $ 1 , 7 2 0 , 0 0 0 $ 1 0 , 0 0 0 $ 7 , 6 6 0 , 0 0 0 Sa n i t a r y S e w e r L i n i n g ( M i s s . R i v e r T r u n k N . o f I - 6 9 4 t o 7 0 t h / W i ll o w ) $1 , 5 8 1 , 0 0 0 $ 1 , 5 8 1 , 0 0 0 Li f t N o . 2 F o r c e m a i n L i n i n g ( U n d e r I - 9 4 ) $2 6 0 , 0 0 0 $ 2 6 0 , 0 0 0 W e l l N o s . 6 a n d 8 ; W a t e r T r e a t m e n t P l a n t H S P N o . 4 $2 1 4 , 0 0 0 $ 2 1 4 , 0 0 0 CM B P : C i t y H a l l - B r i c k V e n e e r R e s t o r a t i o n $1 3 1 , 1 0 0 $ 1 3 1 , 1 0 0 CM B P : C o m m u n i t y C e n t e r - B r i c k V e n e e r R e s t o r a t i o n $2 0 5 , 3 0 0 $ 2 0 5 , 3 0 0 20 3 0 S u b t o t a l $4 8 0 , 0 0 0 $ 2 , 3 4 0 , 0 0 0 $ 9 9 0 , 0 0 0 $ 1 , 3 2 0 , 0 0 0 $ 2 , 6 4 1 , 0 0 0 $ 1 , 9 3 4 , 0 0 0 $ 1 0 , 0 0 0 $ 3 3 6 , 4 0 0 $10,051,400 20 3 1 So u t h w e s t A r e a M i l l a n d O v e r la y $ 5 7 0 , 0 0 0 $ 1 , 2 4 0 , 0 0 0 $ 1 , 0 9 0 , 0 0 0 $ 9 3 0 ,0 0 0 $ 5 5 0 , 0 0 0 $ 1 , 2 2 0 , 0 0 0 $ 6 0 , 0 0 0 $ 5 , 6 6 0 , 0 0 0 Pa r k B l e a c h e r R e p l a c e m e n t $6 5 , 0 0 0 $ 6 5 , 0 0 0 Li f t S t a t i o n N o . 1 G e n e r a t o r R e p l a c e m e n t $2 1 3 , 0 0 0 $ 2 1 3 , 0 0 0 W e l l N o s . 2 a n d 3 a n d W a t e r T r e a t m e n t P l a n t H S P ( B W ) $2 1 7 , 0 0 0 $ 2 1 7 , 0 0 0 St o r m W a t e r P o n d 5 7 - 0 0 4 , 5 7 - 0 0 5 & 7 0 - 0 0 2 R e h a b $7 5 , 0 0 0 $75,000 Combined 2030 & 2031 ponds CM B P : E a s t / W e s t F i r e - E p o x y F l o o r R e p l a c e m e n t $1 1 8 , 4 0 0 $ 1 1 8 , 4 0 0 CM B P : P u b l i c W o r k s - E x t e r i o r P a i n t $1 0 8 , 0 0 0 $ 1 0 8 , 0 0 0 CM B P : P u b l i c W o r k s - M a k e U p A i r ( 2 ) R e p l a c e m e n t $1 6 7 , 2 0 0 $ 1 6 7 , 2 0 0 20 3 1 S u b t o t a l $5 7 0 , 0 0 0 $ 1 , 2 4 0 , 0 0 0 $ 1 , 0 9 0 , 0 0 0 $ 1 , 0 0 5 , 0 0 0 $ 7 6 3 , 0 0 0 $ 1 , 4 3 7 , 0 0 0 $ 6 0 , 0 0 0 $ 4 5 8 , 6 0 0 $6,623,600 G: \ B u d g e t \ 2 0 2 0 B u d g e t \ C a p i t a l I m p r o v e m e n t P l a n s \ 1 9 0 7 0 2 _ D R A F T _ 2 0 20 - 2 0 3 4 C I P T a b l e 2 Page | 8 6 Ta b l e 2 Ca p i t a l I m p r o v e m e n t P r o g r a m ( 2 0 2 0 - 2 0 3 4 ) Ju n e 2 0 , 2 0 1 9 Sp e c i a l S t r e e t MS A S t o r m D r a i n a g e S a n i t a r y S e w e r W a t e r S t r e e t L i g h t C a pi t a l P r o j e c t s T o t a l P r o j e c t Pr o j e c t As s e s s m e n t s R e c o n s t . F u n d F u n d Ut il i t y Ut i l i t y Ut i l i t y Ut i l i t y Fu n d s Cost tracking Notes 20 3 2 Ha p p y H o l l o w M i l l a n d O v e r l a y $ 3 1 0 , 0 0 0 $ 1 , 0 9 0 , 0 0 0 $ 2 9 0 , 0 0 0 $ 7 4 0 , 0 0 0 $2 2 0 , 0 0 0 $ 3 7 0 , 0 0 0 $ 5 0 , 0 0 0 $ 3 , 0 7 0 , 0 0 0 So u t h e a s t A l l e y s I m p r o v e m e n t s $ 1 , 2 2 0 , 0 0 0 $1 0 , 0 0 0 $ 1 , 2 3 0 , 0 0 0 N e w Pa r k B l e a c h e r R e p l a c e m e n t $8 6 , 0 0 0 $ 8 6 , 0 0 0 Br o o k l y n B l v d S t r e e t L i g h t R e p l a c e m e n t ( 6 5 t h t o B P B o r d e r ) $9 2 1 , 0 0 0 $ 9 2 1 , 0 0 0 W e l l N o . 5 a n d W a t e r T r e a t m e n t P l a n t H S P N o . 1 $1 2 1 , 0 0 0 $ 1 2 1 , 0 0 0 St o r m W a t e r P o n d 1 2 - 0 0 2 , 1 2 - 0 0 3 , 1 2 - 0 0 4 , 1 2 - 0 0 5 & 1 8 - 0 0 1 R e h a b $6 2 9 , 0 0 0 $629,000 Added Pond 12-003 CM B P : P u b l i c W o r k s - M a i n S w i t c h G e a r R e p l a c e m e n t $2 3 5 , 1 0 0 $ 2 3 5 , 1 0 0 CM B P : P u b l i c W o r k s - G e n e r a t o r / T r a n s f e r R e p l a c e m e n t $1 8 2 , 8 0 0 $ 1 8 2 , 8 0 0 20 3 2 S u b t o t a l $1 , 5 3 0 , 0 0 0 $ 1 , 0 9 0 , 0 0 0 $ 2 9 0 , 0 0 0 $ 1 , 3 6 9 , 0 0 0 $ 2 2 0 , 0 0 0 $ 4 9 1 , 0 0 0 $ 6 0 , 0 0 0 $ 1 , 4 2 4 , 9 0 0 $6,474,900 20 3 3 No r t h p o r t A r e a M i l l a n d O v e r la y $ 3 6 0 , 0 0 0 $ 1 , 0 0 0 , 0 0 0 $ 5 8 0 , 0 0 0 $ 5 7 0 , 0 00 $ 1 2 0 , 0 0 0 $ 7 0 , 0 0 0 $ 2 , 7 0 0 , 0 0 0 Tr a f f i c S i g S y s R e h a b . ( 6 5 t h A v e n u e / D u p o n t A v e ) $ 3 5 4 , 0 0 0 $354,000 TH 252 Impacts?: Could move years pending TH 252 recomm ended improvements Tr a f f i c S i g S y s R e h a b . ( 6 6 t h A v e / C a m d e n A v e ) $ 1 7 7 , 0 0 0 $ 1 7 7 , 0 0 0 $354,000 TH 252 Impacts?: Could move years pending TH 252 recomm ended improvements Ev e r g r e e n P a r k F o o t b a l l / S o c c e r F i e l d I m p r o v e m e n t s $1 4 0 , 0 0 0 $ 1 4 0 , 0 0 0 W e l l N o . 1 0 a n d W a t e r T r e a t m e n t P l a n t H S P N o . 2 $1 2 3 , 0 0 0 $ 1 2 3 , 0 0 0 Se l f C o n t a i n e d B r e a t h i n g A p p a r a t u s ( S C B A ) R e p l a c e m e n t ( F i r e ) $6 1 2 , 5 0 0 $ 6 1 2 , 5 0 0 CM B P : P u b l i c W o r k s - M a k e U p A i r ( 2 ) R e p l a c e m e n t $9 2 , 8 0 0 $ 9 2 , 8 0 0 CM B P : E a s t / W e s t F i r e - O v e r h e a d D o o r R e p l a c e m e n t s $2 2 5 , 3 0 0 $ 2 2 5 , 3 0 0 CM B P : C o m m u n i t y C e n t e r - S a u n a R e c o n s t r u c t i o n $9 2 , 8 0 0 $ 9 2 , 8 0 0 20 3 3 S u b t o t a l $3 6 0 , 0 0 0 $ 1 , 1 7 7 , 0 0 0 $ 1 , 1 1 1 , 0 0 0 $ 5 7 0 , 0 0 0 $ 1 2 0 , 0 0 0 $ 1 9 3 , 0 0 0 $ 1 , 1 6 3 , 4 0 0 $4,694,400 20 3 4 Li o n s P a r k S o u t h M i l l a n d O v er l a y $ 3 9 0 , 0 0 0 $ 1 , 4 8 0 , 0 0 0 $ 7 0 0 , 0 0 0 $ 1 1 0 ,0 0 0 $ 7 0 , 0 0 0 $ 2 , 7 5 0 , 0 0 0 N e w 73 r d A v e n u e ( P e n n t o H u m b o l d t ) M i l l a n d O v e r l a y $ 4 0 , 0 0 0 $ 1 6 0 , 0 0 0 $ 80 , 0 0 0 $ 1 3 0 , 0 0 0 $ 2 0 0 , 0 0 0 $ 2 8 0 , 0 0 0 ( J ) $ 8 9 0 , 0 0 0 N e w , n e e d t o c o o r d i n a t e with City of Brooklyn Park W e l l N o . 7 a n d W a t e r T r e a t m e n t P l a n t H S P N o . 3 $1 2 5 , 0 0 0 $ 1 2 5 , 0 0 0 N e w CM B P : C o m m u n i t y C e n t e r - R T U # 1 & # 2 $2 8 6 , 5 0 0 $ 2 8 6 , 5 0 0 N e w : C A R S s p r e a d s h e e t 20 3 4 S u b t o t a l $4 3 0 , 0 0 0 $ 1 , 6 4 0 , 0 0 0 $ 7 8 0 , 0 0 0 $ 2 4 0 , 0 0 0 $ 3 9 5 , 0 0 0 $ 5 6 6 , 5 0 0 $4,051,500 NO T E S : (J ) 5 0 % C o s t s h a r i n g o f s t r e e t & s t o r m w i t h C i t y o f B r o o k l y n P a rk p e r 2 0 0 4 a g r e e m e n t TO T A L S $1 8 , 7 2 0 , 0 0 0 $ 3 0 , 9 4 2 , 0 0 0 $ 1 2 , 7 5 0 , 0 0 0 $ 1 8 , 5 4 0 , 0 0 0 $ 1 9 , 8 0 6 , 0 0 0 $ 2 3 , 5 5 9 , 0 0 0 $ 1 , 9 6 3 , 0 0 0 $ 6 6 , 3 7 6 , 7 0 0 $192,656,700 G: \ B u d g e t \ 2 0 2 0 B u d g e t \ C a p i t a l I m p r o v e m e n t P l a n s \ 1 9 0 7 0 2 _ D R A F T _ 2 0 20 - 2 0 3 4 C I P T a b l e 2 Page | 9 7 Ci t y o f B r o o k l y n C e n t e r Ca p i t a l I m p r o v e m e n t s F u n d C a s h F l o w s A n a l y s i s Re v i s e d : 7 - 2 - 1 9 Ac t u a l A c t u a l P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d 20 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 20 2 6 20 2 7 20 2 8 2 0 2 9 2 0 3 0 2 0 3 1 2 0 3 2 2 0 3 3 2 0 3 4 Re v e n u e s Pr o p e r t y T a x e s - $ 1 , 1 4 8 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -$ -$ -$ In t e r g o v e r n m e n t a l ( L G A ) 7 7 5 , 8 8 7 88 4 , 4 6 0 1, 0 5 9 , 4 1 6 1, 0 5 9 , 4 1 6 1, 0 5 9 , 4 1 6 1, 0 5 9 , 4 1 6 1, 0 5 9 , 4 1 6 1, 0 5 9 , 4 1 6 1, 0 5 9 , 4 1 6 1, 0 5 9 , 4 1 6 1, 0 5 9 , 4 1 6 1, 0 5 9 , 4 1 6 1, 0 5 9 , 4 1 6 1, 0 5 9 , 4 1 6 1, 0 5 9 , 4 1 6 1,059,416 1,059,416 1,059,416 In v e s t m e n t E a r n i n g s 32 , 4 9 4 23 , 4 0 7 40 , 9 4 6 17 , 5 2 0 17 , 5 2 0 17 , 7 1 3 - - - - - - - - 1 0 , 1 3 3 23,887 20,972 22,582 Mi s c e l l a n e o u s - 3 9 6 , 2 8 2 - - - - - - - - - - - - - - - - TH 2 5 2 E x t e r n a l F u n d i n g E s t - - - - - - 2 9 , 5 0 0 , 0 0 0 - - - - - - - - - - - Ex t e r n a l F u n d i n g S o u r c e s 22 9 , 5 8 5 2, 1 4 4 , 8 7 8 9, 5 9 4 , 8 8 0 - 1 1 , 4 6 6 , 0 0 0 - - - - - - - - - - - - - Bo n d P r o c e e d s - - - - 1 , 9 3 3 , 0 0 0 - 5 , 5 0 0 , 0 0 0 - - - - - - - - - - - De b t S e r v i c e T a x L e v y - - - - - 2 2 3 , 7 2 5 86 0 , 2 9 3 86 0 , 2 9 3 86 0 , 2 9 3 86 0 , 2 9 3 86 0 , 2 9 3 86 0 , 2 9 3 86 0 , 2 9 3 86 0 , 2 9 3 86 0 , 2 9 3 636,568 - - Tr a n s f e r s ( G e n e r a l ) 71 5 , 5 4 4 14 9 , 6 3 0 - - - - - - - - - - - - - - - - Tr a n s f e r s ( L i q u o r ) 11 2 , 8 9 8 18 5 , 7 0 7 32 5 , 4 8 7 20 0 , 0 0 0 17 5 , 0 0 0 17 5 , 0 0 0 17 5 , 0 0 0 17 5 , 0 0 0 17 5 , 0 0 0 17 5 , 0 0 0 17 5 , 0 0 0 17 5 , 0 0 0 17 5 , 0 0 0 17 5 , 0 0 0 17 5 , 0 0 0 175,000 175,000 175,000 To t a l 1, 8 6 6 , 4 0 8 3, 7 8 5 , 5 1 2 11 , 0 2 0 , 7 2 9 1, 2 7 6 , 9 3 6 14 , 6 5 0 , 9 3 6 1, 4 7 5 , 8 5 4 37 , 0 9 4 , 7 0 9 2, 0 9 4 , 7 0 9 2, 0 9 4 , 7 0 9 2, 0 9 4 , 7 0 9 2, 0 9 4 , 7 0 9 2, 0 9 4 , 7 0 9 2, 0 9 4 , 7 0 9 2, 0 9 4 , 7 0 9 2, 1 0 4 , 8 4 2 1,894,871 1,255,388 1,256,998 Ex p e n d i t u r e s Ot h e r S e r v i c e s & C h a r g e s 3 7 , 8 8 7 - - - - - - - - - - - - - - - - - Ca p i t a l O u t l a y 3, 9 7 7 , 6 0 7 3, 9 8 6 , 5 3 2 11 , 7 7 7 , 0 6 8 1, 3 3 1 , 8 0 0 14 , 8 7 0 , 9 0 0 2, 4 2 0 , 3 0 0 37 , 3 5 8 , 4 0 0 96 3 , 6 0 0 2, 2 1 9 , 2 0 0 60 6 , 6 0 0 95 2 , 1 0 0 1, 2 4 7 , 5 0 0 45 6 , 5 0 0 33 6 , 4 0 0 45 8 , 6 0 0 1,424,900 1,163,400 566,500 De b t S e r v i c e P r o j e c t e d - - - - - 2 2 3 , 7 2 5 86 0 , 2 9 3 86 0 , 2 9 3 86 0 , 2 9 3 86 0 , 2 9 3 86 0 , 2 9 3 86 0 , 2 9 3 86 0 , 2 9 3 86 0 , 2 9 3 86 0 , 2 9 3 636,568 - - To t a l 4, 0 1 5 , 4 9 4 3, 9 8 6 , 5 3 2 11 , 7 7 7 , 0 6 8 1, 3 3 1 , 8 0 0 14 , 8 7 0 , 9 0 0 2, 6 4 4 , 0 2 5 38 , 2 1 8 , 6 9 3 1, 8 2 3 , 8 9 3 3, 0 7 9 , 4 9 3 1, 4 6 6 , 8 9 3 1, 8 1 2 , 3 9 3 2, 1 0 7 , 7 9 3 1, 3 1 6 , 7 9 3 1, 1 9 6 , 6 9 3 1, 3 1 8 , 8 9 3 2,061,468 1,163,400 566,500 Ca s h B a l a n c e - B e g i n n i n g 4, 4 6 7 , 2 5 2 2, 4 1 9 , 6 6 8 26 , 6 0 3 1, 2 8 7 , 0 2 1 1, 2 3 2 , 1 5 7 1, 0 1 2 , 1 9 3 (1 5 5 , 9 7 8 ) (1 , 2 7 9 , 9 6 2 ) (1 , 0 0 9 , 1 4 6 ) (1 , 9 9 3 , 9 3 0 ) (1 , 3 6 6 , 1 1 4 ) (1 , 0 8 3 , 7 9 8 ) (1 , 0 9 6 , 8 8 2 ) (3 1 8 , 9 6 6 ) 57 9 , 0 5 0 1,364,999 1,198,402 1,290,390 Ch a n g e s i n A c c r u a l s 10 1 , 5 0 2 (2 , 1 9 2 , 0 4 5 ) 2, 0 1 6 , 7 5 7 Re v e n u e s 1, 8 6 6 , 4 0 8 3, 7 8 5 , 5 1 2 11 , 0 2 0 , 7 2 9 1, 2 7 6 , 9 3 6 14 , 6 5 0 , 9 3 6 1, 4 7 5 , 8 5 4 37 , 0 9 4 , 7 0 9 2, 0 9 4 , 7 0 9 2, 0 9 4 , 7 0 9 2, 0 9 4 , 7 0 9 2, 0 9 4 , 7 0 9 2, 0 9 4 , 7 0 9 2, 0 9 4 , 7 0 9 2, 0 9 4 , 7 0 9 2, 1 0 4 , 8 4 2 1,894,871 1,255,388 1,256,998 Ex p e n d i t u r e s (4 , 0 1 5 , 4 9 4 ) (3 , 9 8 6 , 5 3 2 ) (1 1 , 7 7 7 , 0 6 8 ) (1 , 3 3 1 , 8 0 0 ) (1 4 , 8 7 0 , 9 0 0 ) (2 , 6 4 4 , 0 2 5 ) (3 8 , 2 1 8 , 6 9 3 ) (1 , 8 2 3 , 8 9 3 ) (3 , 0 7 9 , 4 9 3 ) (1 , 4 6 6 , 8 9 3 ) (1 , 8 1 2 , 3 9 3 ) (2 , 1 0 7 , 7 9 3 ) (1 , 3 1 6 , 7 9 3 ) (1 , 1 9 6 , 6 9 3 ) (1 , 3 1 8 , 8 9 3 ) (2,061,468) (1,163,400) (566,500) Ca s h B a l a n c e - E n d i n g 2 , 4 1 9 , 6 6 8 $ 26 , 6 0 3 $ 1, 2 8 7 , 0 2 1 $ 1, 2 3 2 , 1 5 7 $ 1, 0 1 2 , 1 9 3 $ (1 5 5 , 9 7 8 ) $ (1 , 2 7 9 , 9 6 2 ) $ (1 , 0 0 9 , 1 4 6 ) $ (1 , 9 9 3 , 9 3 0 ) $ (1 , 3 6 6 , 1 1 4 ) $ (1 , 0 8 3 , 7 9 8 ) $ (1 , 0 9 6 , 8 8 2 ) $ (3 1 8 , 9 6 6 ) $ 57 9 , 0 5 0 $ 1, 3 6 4 , 9 9 9 $ 1,198,402 $ 1,290,390 $ 1,980,888 $ No t e s : 1. C a s h f l o w b a s e d o n t h e p r o j e c t s l i s t e d i n t h e C i t y ' s p r o p o s e d 1 5 - y e a r C a p i t a l I m p r o v e m e n t P l a n ( U p d a t e d J u n e 2 0 1 9 ) . 2. G e n e r a l F u n d t r a n s f e r i s a n e s t i m a t e o f a u d i t e d y e a r - e n d G e n e r a l F u n d U n a s s i g n e d F u n d B a l a n c e a b o v e 5 2 % o f t h e n e x t y e a r ' s G e n e r a l F u n d o p e r a t i n g b u d g e t . 3. L i q u o r t r a n s f e r i s a n e s t i m a t e o f a u d i t e d y e a r - e n d L i q u o r F u n d u n r e s t r i c t e d c a s h b a l a n c e t h a t e x c e e d s 2 m o n t h s o f t h e n e x t y e a r ' s o p e r a t i n g b u d g e t a n d o n e y e a r o f b u d g e t e d c a p i t a l i m p r o v e m e n t n e e d s . 4. L o c a l G o v e r n m e n t A i d ( L G A ) r e c e i v e d i n t h e a m o u n t o f $ 6 5 0 , 0 0 0 o r h a l f o f t h e a m o u n t r e c e i v e d b y t h e C i t y i f g r e a t e r . 5. T h e p r o j e c t e d 2 0 2 1 a m o u n t i n c l u d e s a b o n d s a l e o f $ 1 , 9 3 3 , 0 0 0 f o r B r o o k l y n B l v d . P h a s e I I i m p r o v e m e n t s . A n n u a l d e b t s e r v i c e p a y m e n t s o f $ 2 2 3 , 7 2 5 t o b e p a i d w i t h p r o p e r t y t a x l e v y . 6. T h e p r o j e c t e d 2 0 2 3 a m o u n t i n c l u d e s a b o n d s a l e o f $ 5 , 5 0 0 , 0 0 0 f o r T H 2 5 2 i m p r o v e m e n t s . A n n u a l d e b t s e r v i c e p a y m e n t s o f $ 6 3 6 , 5 6 8 t o b e p a i d w i t h p r o p e r t y t a x l e v y . 20 1 9 B u d g e t C a r r y o v e r f o r P r i o r P r o j e c t s To t a l P r o j e c t A s o f 1 2 / 3 1 / 1 8 Ca r r y o v e r 20 1 8 B r o o k l y n B o u l e v a r d E x t e r n a l F u n d i n g ( 1 1 , 7 3 9 , 7 5 8 ) ( 2 , 1 4 4 , 8 7 8 ) (9 , 5 9 4 , 8 8 0 ) 20 1 8 C e n t e n n i a l P a r k T e n n i s / B a s k e t b a l l C o u 12 9 , 0 0 0 8 0 0 1 2 8 , 2 0 0 20 1 8 P W S e c u r i t y F e n c e a n d G a t e s 11 7 , 4 2 8 83 , 2 5 2 34 , 1 7 6 20 1 7 E v e r g r e e n P a r k C o m p l e t i o n 20 3 , 1 7 8 17 0 , 4 8 3 32 , 6 9 5 20 1 7 P a v e m e n t / S i g n a l R e h a b 6 9 t h / F r a n c e 2 1 0 , 5 8 5 16 7 , 8 5 5 42 , 7 3 0 23 7 , 8 0 2 20 1 9 C I P P r o j e c t s 20 1 8 / 1 9 B r o o k l y n B o u l e v a r d C a p i t a l o u t l a y 1 5 , 4 9 3 , 0 0 0 4, 8 1 6 , 2 3 4 10 , 6 7 6 , 7 6 6 Ca p i t a l P r o j e c t F u n d S h a r e r e d u c e d $ 5 2 5 , 0 0 0 f o r T I F # 2 S h a r e 20 1 9 C M B P P u b l i c W o r k s R o o f R e p l a c e m e n 58 3 , 0 0 0 - 5 8 3 , 0 0 0 20 1 9 C M B P C i v i c C e n t e r G e n e r a t o r R e p l a c e 11 4 , 0 0 0 - 1 1 4 , 0 0 0 20 1 9 C M B P L o b b y a n d m e c h r o o m r e m o d e l 1 7 0 , 0 0 0 4, 5 0 0 16 5 , 5 0 0 16 , 3 6 0 , 0 0 0 11 , 5 3 9 , 2 6 6  ( 5 , 0 0 0 , 0 0 0 )  ‐  5 , 0 0 0 , 0 0 0  1 0 , 0 0 0 , 0 0 0  1 5 , 0 0 0 , 0 0 0  2 0 , 0 0 0 , 0 0 0  2 5 , 0 0 0 , 0 0 0  3 0 , 0 0 0 , 0 0 0  3 5 , 0 0 0 , 0 0 0 20 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 2 0 2 8 2 0 2 9 2 0 3 0 2 0 3 1 2 0 3 2 2 0 3 3 2 0 3 4 Ca p i t a l   I m p r o v e m e n t s   F u n d   Ci t y   F u n d e d   C a p i t a l   O u t l a y Ex t e r n a l   F u n d e d   C a p i t a l   O u t l a y TH   2 5 2   E x t e r n a l   F u n d i n g   E s t . Ca s h   B a l a n c e   ‐   E n d i n g 8 Ci t y o f B r o o k l y n C e n t e r Mu n i c i p a l S t a t e A i d ( M S A ) F u n d C a s h F l o w s A n a l y s i s Re v i s e d : 7 / 2 / 1 9 Ac t u a l A c t u a l P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d 20 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 2 0 2 8 2 0 2 9 2 0 3 0 2 0 3 1 2 0 3 2 2 0 3 3 2 0 3 4 Re v e n u e s In t e r g o v e r n m e n t a l ( M a i n t e n a n c e 16 0 , 0 0 0 $ 1 6 0 , 0 0 0 $ 1 6 0 , 0 0 0 $ 1 7 0 , 0 0 0 $ 1 7 5 , 0 0 0 $ 1 8 0 , 0 0 0 $ 1 8 5 , 0 0 0 $ 1 9 0 , 0 0 0 $ 1 9 0 , 0 0 0 $ 1 9 0 , 0 0 0 $ 1 9 0 , 0 0 0 $ 1 9 0 , 0 0 0 $ 1 9 0 , 0 0 0 $ 1 9 0 , 0 0 0 $ 1 9 0 , 0 0 0 $ 190,000 $ 190,000 $ 190,000 $ In t e r g o v e r n m e n t a l ( C o n s t r u c t i o n 76 6 , 3 0 1 1 , 0 3 5 , 1 9 6 - - 5 0 0 , 0 0 0 1 , 0 4 3 , 5 9 4 1 , 0 3 8 , 5 9 4 1 , 0 3 3 , 5 9 4 1 , 0 5 7 , 0 0 0 1 , 0 5 7 , 0 0 0 1 , 0 5 7 , 0 0 0 1 , 0 5 7 , 0 0 0 1 , 0 5 7 , 0 0 0 1 , 0 5 7 , 0 0 0 1 , 0 5 7 , 0 0 0 1,057,000 1,057,000 1,057,000 In t e r g o v e r n m e n t a l - - - 3 0 , 0 0 0 - - - - - - - - - - - - - - In v e s t m e n t E a r n i n g s - 4 8 , 0 0 9 46 , 8 6 4 51 , 3 5 9 51 , 3 5 9 74 7 1 6 , 0 4 8 14 , 7 2 9 25 , 9 0 0 41 , 2 2 8 39 , 4 4 7 33 , 9 6 0 22 , 9 5 1 41 , 8 5 1 43,756 43,944 58,135 58,208 To t a l 92 6 , 3 0 1 1, 2 4 3 , 2 0 5 20 6 , 8 6 4 25 1 , 3 5 9 72 6 , 3 5 9 1, 2 2 4 , 3 4 1 1, 2 3 9 , 6 4 2 1, 2 3 8 , 3 2 3 1, 2 7 2 , 9 0 0 1, 2 8 8 , 2 2 8 1, 2 8 6 , 4 4 7 1, 2 8 0 , 9 6 0 1, 2 6 9 , 9 5 1 1, 2 8 8 , 8 5 1 1,290,756 1,290,944 1,305,135 1,305,208 Ex p e n d i t u r e s Su p p l i e s 41 , 1 0 6 56 , 6 7 5 64 , 0 0 0 68 , 0 0 0 70 , 0 0 0 72 , 0 0 0 74 , 0 0 0 76 , 0 0 0 76 , 0 0 0 76 , 0 0 0 76 , 0 0 0 76 , 0 0 0 76 , 0 0 0 76 , 0 0 0 76,000 76,000 76,000 76,000 Ot h e r S e r v i c e s & C h a r g e s 56 , 1 5 1 44 , 6 1 9 96 , 0 0 0 10 2 , 0 0 0 10 5 , 0 0 0 10 8 , 0 0 0 11 1 , 0 0 0 11 4 , 0 0 0 11 4 , 0 0 0 11 4 , 0 0 0 11 4 , 0 0 0 11 4 , 0 0 0 11 4 , 0 0 0 11 4 , 0 0 0 114,000 114,000 114,000 114,000 Ca p i t a l O u t l a y 1, 3 1 0 , 2 5 2 47 1 , 1 0 0 66 2 , 5 4 1 60 , 0 0 0 2 , 9 6 2 , 0 0 0 17 0 , 0 0 0 1, 1 3 0 , 0 0 0 41 0 , 0 0 0 20 7 , 0 0 0 1, 2 0 0 , 0 0 0 1, 4 1 0 , 0 0 0 1, 7 2 0 , 0 0 0 - 9 9 0 , 0 0 0 1,090,000 290,000 1,111,000 - To t a l 1, 4 0 7 , 5 0 9 57 2 , 3 9 4 82 2 , 5 4 1 23 0 , 0 0 0 3, 1 3 7 , 0 0 0 35 0 , 0 0 0 1, 3 1 5 , 0 0 0 60 0 , 0 0 0 39 7 , 0 0 0 1, 3 9 0 , 0 0 0 1, 6 0 0 , 0 0 0 1, 9 1 0 , 0 0 0 19 0 , 0 0 0 1, 1 8 0 , 0 0 0 1,280,000 480,000 1,301,000 190,000 Ca s h B a l a n c e - B e g i n n i n g (1 5 , 6 5 9 ) 2, 4 1 9 , 6 6 8 3, 0 4 7 , 6 3 2 2, 4 3 1 , 9 5 5 2, 4 5 3 , 3 1 4 42 , 6 7 3 91 7 , 0 1 4 84 1 , 6 5 6 1, 4 7 9 , 9 7 9 2, 3 5 5 , 8 7 9 2, 2 5 4 , 1 0 7 1, 9 4 0 , 5 5 4 1, 3 1 1 , 5 1 4 2, 3 9 1 , 4 6 5 2,500,316 2,511,072 3,322,016 3,326,151 Ch a n g e s i n A c c r u a l s 2, 9 1 6 , 5 3 5 (4 2 , 8 4 7 ) Re v e n u e s 92 6 , 3 0 1 1, 2 4 3 , 2 0 5 20 6 , 8 6 4 25 1 , 3 5 9 72 6 , 3 5 9 1, 2 2 4 , 3 4 1 1, 2 3 9 , 6 4 2 1, 2 3 8 , 3 2 3 1, 2 7 2 , 9 0 0 1, 2 8 8 , 2 2 8 1, 2 8 6 , 4 4 7 1, 2 8 0 , 9 6 0 1, 2 6 9 , 9 5 1 1, 2 8 8 , 8 5 1 1,290,756 1,290,944 1,305,135 1,305,208 Ex p e n d i t u r e s (1 , 4 0 7 , 5 0 9 ) (5 7 2 , 3 9 4 ) (8 2 2 , 5 4 1 ) (2 3 0 , 0 0 0 ) (3 , 1 3 7 , 0 0 0 ) (3 5 0 , 0 0 0 ) (1 , 3 1 5 , 0 0 0 ) (6 0 0 , 0 0 0 ) (3 9 7 , 0 0 0 ) (1 , 3 9 0 , 0 0 0 ) (1 , 6 0 0 , 0 0 0 ) (1 , 9 1 0 , 0 0 0 ) (1 9 0 , 0 0 0 ) (1 , 1 8 0 , 0 0 0 ) (1,280,000) (480,000) (1,301,000) (190,000) Ca s h B a l a n c e - E n d i n g 2, 4 1 9 , 6 6 8 $ 3, 0 4 7 , 6 3 2 $ 2, 4 3 1 , 9 5 5 $ 2, 4 5 3 , 3 1 4 $ 42 , 6 7 3 $ 91 7 , 0 1 4 $ 84 1 , 6 5 6 $ 1, 4 7 9 , 9 7 9 $ 2, 3 5 5 , 8 7 9 $ 2, 2 5 4 , 1 0 7 $ 1, 9 4 0 , 5 5 4 $ 1, 3 1 1 , 5 1 4 $ 2, 3 9 1 , 4 6 5 $ 2, 5 0 0 , 3 1 6 $ 2,511,072 $ 3,322,016 $ 3,326,151 $ 4,441,359 $ No t e s : 1) R e q u e s t e d a n d r e c e i v e d a c a s h a d v a n c e i n 2 0 1 7 o f a n n u a l c o n s t r u c t i o n a l l o c a t i o n s , w h i c h w i l l i m p a c t 2 0 1 9 t h r o u g h 2 0 2 1 a n n u a l a m o u n t s . W i l l b e a b l e t o r e q u e s t a d v a n c e t o c o v e r 2 0 2 1 p r o j e c t . 20 1 9 B u d g e t C a r r y o v e r f o r P r i o r P r o j e c t s T o t a l P r o j e c t A s o f 1 2 / 3 1 / 1 8 C a r r y o v e r 20 1 8 F i r e h o u s e P a r k A r e a 41 0 , 0 0 0 32 9 , 1 5 6 80 , 8 4 4 20 1 7 E v e r g r e e n P a r k 47 6 , 5 0 0 41 9 , 0 6 2 57 , 4 3 8 20 1 7 p a v e m e n t a n d s i g n a l R e h a b 86 9 , 0 7 6 69 2 , 7 8 4 17 6 , 2 9 2 20 1 6 5 7 t h A v e M i l l a n d O v e r l a y 31 8 , 3 1 7 27 0 , 6 0 0 47 , 7 1 7 36 2 , 2 9 1 20 1 9 C I P P r o j e c t s 20 1 8 5 1 s t A v e F r o n t a g e R o a d 12 0 , 0 0 0 69 , 7 5 0 50 , 2 5 0 20 1 9 B e l l v u e A r e a M i l l a n d O v e r l a y 16 0 , 0 0 0 - 1 6 0 , 0 0 0 20 1 9 S o u r t h e a s t A r e a M i l l a n d O v e r l a y 90 , 0 0 0 - 9 0 , 0 0 0 30 0 , 2 5 0  ‐  5 0 0 , 0 0 0  1 , 0 0 0 , 0 0 0  1 , 5 0 0 , 0 0 0  2 , 0 0 0 , 0 0 0  2 , 5 0 0 , 0 0 0  3 , 0 0 0 , 0 0 0  3 , 5 0 0 , 0 0 0  4 , 0 0 0 , 0 0 0  4 , 5 0 0 , 0 0 0  5 , 0 0 0 , 0 0 0 20 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 2 0 2 8 2 0 2 9 2 0 3 0 2 0 3 1 2 0 3 2 2 0 3 3 2 0 3 4 MS A   F u n d   Ex p e n d i t u r e s Ca s h   B a l a n c e   ‐   E n d i n g 9 Ci t y o f B r o o k l y n C e n t e r St r e e t R e c o n s t r u c t i o n F u n d C a s h F l o w s A n a l y s i s Re v i s e d : 7 - 2 - 1 9 Ac t u a l A c t u a l P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d 20 1 7 2 0 1 8 20 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 20 2 5 20 2 6 2 0 2 7 2 0 2 8 2 0 2 9 2 0 3 0 2 0 3 1 2 0 3 2 2 0 3 3 2 0 3 4 Re v e n u e s Fr a n c h i s e F e e s 70 2 , 6 0 0 $ 70 5 , 6 0 8 $ 68 9 , 0 0 0 $ 71 0 , 0 0 0 $ 71 0 , 0 0 0 $ 71 0 , 0 0 0 $ 73 1 , 0 0 0 $ 73 1 , 0 0 0 $ 73 1 , 0 0 0 $ 75 3 , 0 0 0 $ 75 3 , 0 0 0 $ 75 3 , 0 0 0 $ 77 6 , 0 0 0 $ 77 6 , 0 0 0 $ 776,000 $ 776,000 $ 776,000 $ 776,000 $ In v e s t m e n t E a r n i n g s 47 , 7 0 0 82 , 5 5 6 71 , 4 9 5 95 , 0 5 8 95 , 0 5 8 15 , 7 4 9 27 , 7 4 9 30 , 5 2 7 43 , 8 5 4 35 , 1 5 4 28 , 4 7 2 12 , 9 2 3 26 , 3 2 6 33 , 3 6 7 47,531 40,243 35,452 29,055 Fu t u r e B o n d s - L e v i e s - - - 8 2 , 1 4 4 31 2 , 5 5 2 66 9 , 4 7 7 89 6 , 3 9 3 89 3 , 9 2 0 1, 2 2 0 , 9 3 0 1, 5 5 7 , 2 9 7 1, 5 5 9 , 3 3 4 1, 5 5 5 , 6 7 4 1, 7 7 1 , 2 2 7 1, 7 9 9 , 8 2 7 1,842,667 1,611,188 1,387,277 1,387,277 Bo n d P r o c e e d s 2, 4 8 5 , 3 6 5 2, 1 3 7 , 5 8 0 1, 7 0 0 , 0 0 0 2, 0 0 0 , 0 0 0 2, 0 0 0 , 0 0 0 1, 9 1 0 , 0 0 0 - 2 , 8 5 0 , 0 0 0 2, 8 5 0 , 0 0 0 - - 1 , 8 0 0 , 0 0 0 2, 0 0 0 , 0 0 0 2, 3 4 0 , 0 0 0 - - - - To t a l 3, 2 3 5 , 6 6 5 2, 9 2 5 , 7 4 4 2, 4 6 0 , 4 9 5 2, 8 8 7 , 2 0 2 3, 1 1 7 , 6 1 0 3, 3 0 5 , 2 2 6 1, 6 5 5 , 1 4 2 4, 5 0 5 , 4 4 7 4, 8 4 5 , 7 8 4 2, 3 4 5 , 4 5 1 2, 3 4 0 , 8 0 5 4, 1 2 1 , 5 9 7 4, 5 7 3 , 5 5 3 4, 9 4 9 , 1 9 4 2,666,198 2,427,430 2,198,729 2,192,332 Ex p e n d i t u r e s Ca p i t a l O u t l a y 2, 1 6 5 , 3 7 0 2, 7 4 0 , 7 2 1 5, 3 5 9 , 5 6 4 2, 3 5 0 , 0 0 0 4, 5 4 3 , 0 0 0 1, 9 5 0 , 0 0 0 60 0 , 0 0 0 2, 8 5 0 , 0 0 0 4, 1 2 2 , 0 0 0 1, 1 7 0 , 0 0 0 1, 6 7 0 , 0 0 0 1, 8 0 0 , 0 0 0 2, 4 0 0 , 0 0 0 2, 3 4 0 , 0 0 0 1,240,000 1,090,000 1,177,000 1,640,000 De b t S e r v i c e ( P r o j e c t e d ) - - - 8 2 , 1 4 4 31 2 , 5 5 2 66 9 , 4 7 7 89 6 , 3 9 3 89 3 , 9 2 0 1, 2 2 0 , 9 3 0 1, 5 5 7 , 2 9 7 1, 5 5 9 , 3 3 4 1, 5 5 5 , 6 7 4 1, 7 7 1 , 2 2 7 1, 7 9 9 , 8 2 7 1,842,667 1,611,188 1,387,277 1,387,277 Bo n d I s s u e C o s t s 24 , 5 6 2 33 , 0 6 4 30 , 0 0 0 - - - - - - - - - - - - - - - To t a l 2, 1 8 9 , 9 3 2 2, 7 7 3 , 7 8 5 5, 3 8 9 , 5 6 4 2, 4 3 2 , 1 4 4 4, 8 5 5 , 5 5 2 2, 6 1 9 , 4 7 7 1, 4 9 6 , 3 9 3 3, 7 4 3 , 9 2 0 5, 3 4 2 , 9 3 0 2, 7 2 7 , 2 9 7 3, 2 2 9 , 3 3 4 3, 3 5 5 , 6 7 4 4, 1 7 1 , 2 2 7 4, 1 3 9 , 8 2 7 3,082,667 2,701,188 2,564,277 3,027,277 Ca s h B a l a n c e - B e g i n n i n g 3, 8 5 3 , 9 7 7 4, 8 8 6 , 4 7 2 5, 1 1 1 , 8 8 1 2, 1 8 2 , 8 1 2 2, 6 3 7 , 8 7 0 89 9 , 9 2 8 1, 5 8 5 , 6 7 6 1, 7 4 4 , 4 2 6 2, 5 0 5 , 9 5 3 2, 0 0 8 , 8 0 7 1, 6 2 6 , 9 6 1 73 8 , 4 3 3 1, 5 0 4 , 3 5 6 1, 9 0 6 , 6 8 2 2,716,049 2,299,580 2,025,822 1,660,274 Ch a n g e s i n A c c r u a l s (1 3 , 2 3 8 ) 73 , 4 5 0 - - - - - - - - - - - - - - - - Re v e n u e s 3, 2 3 5 , 6 6 5 2, 9 2 5 , 7 4 4 2, 4 6 0 , 4 9 5 2, 8 8 7 , 2 0 2 3, 1 1 7 , 6 1 0 3, 3 0 5 , 2 2 6 1, 6 5 5 , 1 4 2 4, 5 0 5 , 4 4 7 4, 8 4 5 , 7 8 4 2, 3 4 5 , 4 5 1 2, 3 4 0 , 8 0 5 4, 1 2 1 , 5 9 7 4, 5 7 3 , 5 5 3 4, 9 4 9 , 1 9 4 2,666,198 2,427,430 2,198,729 2,192,332 Ex p e n d i t u r e s (2 , 1 8 9 , 9 3 2 ) (2 , 7 7 3 , 7 8 5 ) (5 , 3 8 9 , 5 6 4 ) (2 , 4 3 2 , 1 4 4 ) (4 , 8 5 5 , 5 5 2 ) (2 , 6 1 9 , 4 7 7 ) (1 , 4 9 6 , 3 9 3 ) (3 , 7 4 3 , 9 2 0 ) (5 , 3 4 2 , 9 3 0 ) (2 , 7 2 7 , 2 9 7 ) (3 , 2 2 9 , 3 3 4 ) (3 , 3 5 5 , 6 7 4 ) (4 , 1 7 1 , 2 2 7 ) (4 , 1 3 9 , 8 2 7 ) (3,082,667) (2,701,188) (2,564,277) (3,027,277) Ca s h B a l a n c e - E n d i n g 4, 8 8 6 , 4 7 2 $ 5 , 1 1 1 , 8 8 1 $ 2 , 1 8 2 , 8 1 2 $ 2 , 6 3 7 , 8 7 0 $ 8 9 9 , 9 2 8 $ 1 , 5 8 5 , 6 7 6 $ 1 , 7 4 4 , 4 2 6 $ 2 , 5 0 5 , 9 5 3 $ 2 , 0 0 8 , 8 0 7 $ 1 , 6 2 6 , 9 6 1 $ 7 3 8 , 4 3 3 $ 1 , 5 0 4 , 3 5 6 $ 1 , 9 0 6 , 6 8 2 $ 2 , 7 1 6 , 0 4 9 $ 2 , 2 9 9 , 5 8 0 $ 2,025,822 $ 1,660,274 $ 825,329 $ No t e s : 1. F r a n c h i s e f e e s i n c l u d e p r o j e c t e d i n c r e a s e s o f 3 . 0 % f o r 2 0 1 7 , 3 . 0 % f o r 2 0 2 0 , 3 . 0 % f o r 2 0 2 3 , 3 . 0 % f o r 2 0 2 6 , a n d 3 . 0 % f o r 2 0 2 9 20 1 9 B u d g e t C a r r y o v e r f o r P r i o r P r o j e c t s T o t a l P r o j e c t A s o f 1 2 / 3 1 / 1 8 C a r r y o v e r 20 1 7 P a v e m e n t a n d S i g n a l R e h a b 5 5 0 0 0 4 3 9 0 0 1 1 , 1 0 0 20 1 7 E v e r g r e e n P a r k 2 4 6 2 4 5 1 2 1 6 5 6 2 5 2 9 6 , 8 2 6 20 1 8 F i r e h o u s e P a r k A r e a I m p r o v e m e n t s 3 0 2 0 8 2 7 2 4 2 5 1 8 0 5 9 5 , 6 4 7 90 3 , 5 7 3 20 1 9 C I P P r o j e c t s 20 1 8 / 1 9 5 1 s t A v e / L i l a c D r i v e 3 4 0 , 3 0 5 1 9 7 , 7 9 8 1 4 2 , 5 0 7 20 1 9 I n t e r s t a t e A r e a I m p r o v e m e n t s 3 , 2 2 4 , 6 3 3 3 8 , 3 9 6 3 , 1 8 6 , 2 3 7 20 1 9 B e l l v u e / S o u t h e a s t A r e a M i l l a n d O v e r l a y 99 3 , 2 4 7 - 9 9 3 , 2 4 7 20 1 9 B r i d g e R e h a b ( 2 B r i d g e s ) 1 3 4 , 0 0 0 - 1 3 4 , 0 0 0 4, 4 5 5 , 9 9 1  ‐  1 , 0 0 0 , 0 0 0  2 , 0 0 0 , 0 0 0  3 , 0 0 0 , 0 0 0  4 , 0 0 0 , 0 0 0  5 , 0 0 0 , 0 0 0  6 , 0 0 0 , 0 0 0 20 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 2 0 2 8 2 0 2 9 2 0 3 0 2 0 3 1 2 0 3 2 2 0 3 3 2 0 3 4 St r e e t   R e c o n s t r u c t i o n   F u n d     Ex p e n d i t u r e s Ca s h   B a l a n c e   ‐   E n d i n g 10 Ci t y o f B r o o k l y n C e n t e r Sp e c i a l A s s e s s m e n t s C o n s t r u c t i o n F u n d C a s h F l o w s A n a l y s i s Re v i s e d : 7 - 2 - 1 9 Ac t u a l A c t u a l P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d 20 1 7 2 0 1 8 20 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 2 0 2 8 2 0 2 9 2 0 3 0 2 0 3 1 2 0 3 2 2 0 3 3 2 0 3 4 Re v e n u e s Sp e c i a l A s s e s s m e n t s 61 6 , 8 9 3 $ 60 1 , 0 9 2 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -$ -$ -$ -$ Sp e c i a l A s s e s s m e n t s ( P r o j e c t e d E x i s t i n g ) - - 6 5 7 , 3 5 7 50 4 , 2 2 9 40 5 , 6 6 4 38 7 , 5 2 9 36 9 , 5 3 4 35 3 , 4 2 8 - - - - - - - - - - Sp e c i a l A s s e s s m e n t s ( P r o j e c t e d P r e p a i d s ) - - 2 3 4 , 9 1 9 2 6 0 , 0 0 0 5 3 5 , 0 0 0 4 0 2 , 5 0 0 1 7 2 , 5 0 0 69 5 , 0 0 0 92 0 , 0 0 0 44 5 , 0 0 0 42 , 5 0 0 21 2 , 5 0 0 15 2 , 5 0 0 12 0 , 0 0 0 142,500 382,500 90,000 107,500 Sp e c i a l A s s e s s m e n t s ( P r o j e c t e d N e w ) - - - 1 7 3 , 0 7 1 45 0 , 5 7 6 49 5 , 3 1 1 65 0 , 7 4 6 68 2 , 6 7 1 95 3 , 5 7 7 1 , 3 0 5 , 3 9 2 1, 4 4 7 , 8 6 7 1, 4 1 5 , 0 2 2 1, 4 4 3 , 7 6 7 1, 3 3 5 , 2 1 0 1,139,070 1,117,410 989,250 918,300 Ch a r g e s f o r S e r v i c e s 1, 2 0 0 87 0 - - - - - - - - - - - - - - - - In v e s t m e n t E a r n i n g s 52 5 4, 6 9 2 - - - - - - - - - - - - - - - - Mi s c e l l a n e o u s 3, 7 3 9 28 , 0 3 0 - - - - - - - - - - - - - - - - Bo n d P r o c e e d s 1, 4 3 6 , 1 3 7 1, 9 9 5 , 2 2 6 2, 3 5 0 , 0 0 0 - - - - 2, 4 5 0 , 0 0 0 2, 0 0 0 , 0 0 0 - - - - - - - - - Tr a n s f e r s I n 16 1 , 5 7 5 36 , 6 7 8 - - - - - - - - - - - - - - - - To t a l 2, 2 2 0 , 0 6 9 2, 6 6 6 , 5 8 8 3, 2 4 2 , 2 7 6 93 7 , 3 0 0 1, 3 9 1 , 2 4 0 1, 2 8 5 , 3 4 0 1, 1 9 2 , 7 8 0 4, 1 8 1 , 0 9 9 3, 8 7 3 , 5 7 7 1, 7 5 0 , 3 9 2 1, 4 9 0 , 3 6 7 1, 6 2 7 , 5 2 2 1, 5 9 6 , 2 6 7 1, 4 5 5 , 2 1 0 1,281,570 1,499,910 1,079,250 1,025,800 Ex p e n d i t u r e s Ot h e r S e r v i c e s & C h a r g e s 33 , 7 6 2 - - - - - - - - - - - - - - - - - Ca p i t a l O u t l a y 1, 5 5 2 , 0 8 4 1, 7 3 3 , 6 6 9 2, 9 9 5 , 4 0 8 1, 0 4 0 , 0 0 0 2, 1 4 0 , 0 0 0 1, 6 1 0 , 0 0 0 69 0 , 0 0 0 2, 7 8 0 , 0 0 0 3, 6 8 0 , 0 0 0 1, 7 8 0 , 0 0 0 17 0 , 0 0 0 85 0 , 0 0 0 61 0 , 0 0 0 48 0 , 0 0 0 570,000 1,530,000 360,000 430,000 De b t S e r v i c e ( P r o j e c t e d ) - - - 3 4 4 , 6 6 7 31 9 , 6 0 0 31 0 , 2 0 0 30 0 , 8 0 0 29 1 , 4 0 0 56 9 , 2 1 5 79 4 , 2 7 6 78 4 , 8 7 6 77 5 , 4 7 6 76 6 , 0 7 6 52 1 , 6 7 6 521,676 521,676 521,676 521,676 Bo n d I s s u a n c e C o s t s 16 , 4 6 7 - - - - - - - - - - - - - - - - - To t a l 1, 6 0 2 , 3 1 3 1, 7 3 3 , 6 6 9 2, 9 9 5 , 4 0 8 1, 3 8 4 , 6 6 7 2, 4 5 9 , 6 0 0 1, 9 2 0 , 2 0 0 99 0 , 8 0 0 3, 0 7 1 , 4 0 0 4, 2 4 9 , 2 1 5 2, 5 7 4 , 2 7 6 95 4 , 8 7 6 1 , 6 2 5 , 4 7 6 1, 3 7 6 , 0 7 6 1, 0 0 1 , 6 7 6 1,091,676 2,051,676 881,676 951,676 Ca s h B a l a n c e - B e g i n n i n g 1, 2 5 8 , 8 1 7 1, 0 0 8 , 8 1 7 2, 1 0 2 , 8 5 2 2, 3 4 9 , 7 2 0 1, 9 0 2 , 3 5 3 83 3 , 9 9 3 19 9 , 1 3 3 40 1 , 1 1 3 1, 5 1 0 , 8 1 2 1, 1 3 5 , 1 7 4 31 1 , 2 9 0 84 6 , 7 8 1 84 8 , 8 2 7 1, 0 6 9 , 0 1 8 1,069,018 1,522,552 1,258,912 1,258,912 Ch a n g e s i n A c c r u a l s (8 6 7 , 7 5 6 ) 16 1 , 1 1 6 - - - - - - - - - - - - - - - - Re v e n u e s 2, 2 2 0 , 0 6 9 2, 6 6 6 , 5 8 8 3, 2 4 2 , 2 7 6 93 7 , 3 0 0 1, 3 9 1 , 2 4 0 1, 2 8 5 , 3 4 0 1, 1 9 2 , 7 8 0 4, 1 8 1 , 0 9 9 3, 8 7 3 , 5 7 7 1, 7 5 0 , 3 9 2 1, 4 9 0 , 3 6 7 1, 6 2 7 , 5 2 2 1, 5 9 6 , 2 6 7 1, 4 5 5 , 2 1 0 1,281,570 1,499,910 1,079,250 1,025,800 Ex p e n d i t u r e s (1 , 6 0 2 , 3 1 3 ) (1 , 7 3 3 , 6 6 9 ) (2 , 9 9 5 , 4 0 8 ) (1 , 3 8 4 , 6 6 7 ) (2 , 4 5 9 , 6 0 0 ) (1 , 9 2 0 , 2 0 0 ) (9 9 0 , 8 0 0 ) (3 , 0 7 1 , 4 0 0 ) (4 , 2 4 9 , 2 1 5 ) (2 , 5 7 4 , 2 7 6 ) (9 5 4 , 8 7 6 ) ( 1 , 6 2 5 , 4 7 6 ) (1 , 3 7 6 , 0 7 6 ) (1 , 0 0 1 , 6 7 6 ) (1,091,676) (2,051,676) (881,676) (951,676) Ca s h B a l a n c e - E n d i n g 1, 0 0 8 , 8 1 7 $ 2, 1 0 2 , 8 5 2 $ 2, 3 4 9 , 7 2 0 $ 1, 9 0 2 , 3 5 3 $ 83 3 , 9 9 3 $ 19 9 , 1 3 3 $ 40 1 , 1 1 3 $ 1, 5 1 0 , 8 1 2 $ 1, 1 3 5 , 1 7 4 $ 31 1 , 2 9 0 $ 84 6 , 7 8 1 $ 84 8 , 8 2 7 $ 1, 0 6 9 , 0 1 8 $ 1, 5 2 2 , 5 5 2 $ 1,258,912 $ 970,787 $ 1,456,487 $ 1,333,037 $ No t e s : 1) P r e p a i d s e s t i m a t e d a t 2 5 % o f n e w a s s e s s m e n t s , w h i c h i s e q u a l t o c a p i t a l o u t l a y f o r t h e g i v e n y e a r . 20 1 9 B u d g e t C a r r y o v e r f o r P r i o r P r o j e c t s To t a l P r o j e c t A s o f 1 2 / 3 1 / 1 8 C a r r y o v e r 20 1 6 5 7 t h A v e M i l l a n d O v e r l a y 33 , 1 5 7 28 , 1 8 6 4, 9 7 1 20 1 7 P a v e m e n t a n d S i g n a l R e h a b 21 9 , 9 7 5 17 5 , 3 6 7 44 , 6 0 8 20 1 7 E v e r g r e e n P a r k 1, 4 3 6 , 7 8 8 1, 2 5 3 , 2 6 7 18 3 , 5 2 1 20 1 8 F i r e h o u s e P a r k A r e a I m p r o v e m e n t s 2, 0 0 1 , 8 4 4 1, 6 0 7 , 1 2 1 39 4 , 7 2 3 62 7 , 8 2 3 20 1 9 C I P P r o j e c t s 20 1 8 / 1 9 5 1 s t A v e / L i l a c D r i v e 28 , 2 9 5 16 , 4 4 7 11 , 8 4 8 20 1 9 S o u t h e a s t / B e l l v u e M i l l a n d O v e r l a y 91 1 , 3 8 0 - 9 1 1 , 3 8 0 * A d j u s t e d t o b i d a m o u n t s 20 1 9 I n t e r s t a t e A r e a I m p r o v e m e n t s 1, 4 6 0 , 4 3 0 16 , 0 7 3 1 , 4 4 4 , 3 5 7 *A d j u s t e d t o b i d a m o u n t s 2, 3 6 7 , 5 8 5  ‐  5 0 0 , 0 0 0  1 , 0 0 0 , 0 0 0  1 , 5 0 0 , 0 0 0  2 , 0 0 0 , 0 0 0  2 , 5 0 0 , 0 0 0  3 , 0 0 0 , 0 0 0  3 , 5 0 0 , 0 0 0  4 , 0 0 0 , 0 0 0  4 , 5 0 0 , 0 0 0 20 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 2 0 2 8 2 0 2 9 2 0 3 0 2 0 3 1 2 0 3 2 2 0 3 3 2 0 3 4 Sp e c i a l   A s s e s s m e n t s   R e c o n s t r u c t i o n   F u n d   Ex p e n d i t u r e s Ca s h   B a l a n c e   ‐   E n d i n g 11 Ci t y o f B r o o k l y n C e n t e r Wa t e r U t i l i t y C a s h F l o w s Re v i s e d : 7 - 2 - 1 9 Av e r a g e R e s i d e n t i a l F e e (1 8 , 0 0 0 G a l l o n s / P e r Q t r . ) 58 . 5 6 $ 5 8 . 5 6 $ 6 2 . 1 4 $ 6 6 . 4 7 $ 7 1 . 0 5 $ 7 6 . 0 7 $ 8 1 . 3 6 $ 8 7 . 1 0 $ 8 9 . 7 3 $ 9 2 . 3 8 $ 9 4 . 2 8 $ 9 4 . 2 8 $ 9 3 . 3 2 $ 9 0 . 4 6 $ 8 6 . 8 6 $ 8 6 . 8 3 $ 84.20 $ 80.84 $ Pe r Q u a r t e r C h a n g e 9. 8 2 $ - $ 3. 5 8 $ 4. 3 3 $ 4. 5 8 $ 5. 0 2 $ 5. 2 9 $ 5. 7 4 $ 2. 6 3 $ 2. 6 5 $ 1. 9 0 $ - $ (0 . 9 6 ) $ (2 . 8 6 ) $ (3.60) $ (6.49)$ (6.26)$ (6.02)$ Ba s e C h a r g e 14 . 6 4 $ 14 . 6 4 $ 15 . 5 2 $ 16 . 6 1 $ 17 . 7 7 $ 19 . 0 1 $ 20 . 3 4 $ 21 . 7 6 $ 22 . 4 1 $ 23 . 0 8 $ 23 . 5 4 $ 23 . 5 4 $ 23 . 3 0 $ 22 . 6 0 $ 21.70 $ 21.67 $ 21.02 $ 20.18 $ Co n s u m p t i o n C h a r g e ( 0 - 3 0 ) 2. 4 4 $ 2. 4 4 $ 2. 5 9 $ 2. 7 7 $ 2. 9 6 $ 3. 1 7 $ 3. 3 9 $ 3. 6 3 $ 3. 7 4 $ 3. 8 5 $ 3. 9 3 $ 3. 9 3 $ 3. 8 9 $ 3. 7 7 $ 3.62 $ 3.62 $ 3.51 $ 3.37 $ Co n s u m p t i o n C h a r g e ( 3 0 - 6 0 ) 3. 0 4 $ 3. 0 4 $ 3. 2 2 $ 3. 4 5 $ 3. 6 9 $ 3. 9 5 $ 4. 2 3 $ 4. 5 3 $ 4. 6 7 $ 4. 8 1 $ 4. 9 1 $ 4. 9 1 $ 4. 8 6 $ 4. 7 1 $ 4.52 $ 4.52 $ 4.38 $ 4 .2 0 $ Co n s u m p t i o n C h a r g e ( 6 0 + ) 4. 5 4 $ 4. 5 4 $ 4. 8 1 $ 5. 1 5 $ 5. 5 1 $ 5. 9 0 $ 6. 3 1 $ 6. 7 5 $ 6. 9 5 $ 7. 1 6 $ 7. 3 0 $ 7. 3 0 $ 7. 2 3 $ 7. 0 1 $ 6.73 $ 6.72 $ 6.52 $ 6.26 $ Ac t u a l A c t u a l B u d g e t e d B u d g e t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d 20 1 7 2 0 1 8 20 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 20 2 4 20 2 5 2 0 2 6 2 0 2 7 2 0 2 8 20 2 9 20 3 0 2031 2032 2033 2034 Re v e n u e s Op e r a t i n g 3, 5 4 3 , 3 2 3 $ 3, 80 7 , 2 7 2 $ 4, 03 5 , 7 0 8 $ 4, 31 8 , 2 0 8 $ 4, 6 2 0 , 4 8 2 $ 4, 9 4 3 , 9 1 6 $ 5, 2 8 9 , 9 9 0 $ 5, 6 6 0 , 2 9 0 $ 5, 83 0 , 0 9 8 $ 6, 00 5 , 0 0 1 $ 6, 1 2 5 , 1 0 1 $ 6, 1 2 5 , 1 0 1 $ 6, 0 6 3 , 8 5 0 $ 5, 88 1 , 9 3 5 $ 5, 646,657 $ 5,251,391 $ 4,883,794 $ 4,541,928 $ In v e s t m e n t E a r n i n g s 28 , 1 5 4 52 , 1 5 7 48 , 6 2 4 61 , 6 8 4 56 , 5 6 3 42 , 0 3 9 43 , 6 0 1 36 , 3 3 4 44 , 8 8 6 60 , 2 1 4 56 , 5 9 1 65 , 4 8 9 64 , 0 8 6 62 , 3 4 8 42,942 36,408 42,520 52,363 No n o p e r a t i n g 42 , 2 7 4 81 , 4 4 4 - - - - - - - - - - - - - - - - Bo n d P r o c e e d s ( G O ) 3, 2 3 0 , 0 0 0 3, 19 1 , 4 5 0 2, 10 0 , 0 0 0 2, 14 0 , 0 0 0 1, 99 0 , 00 0 2 ,85 0 , 00 0 - 3 , 45 0 , 0 0 0 1, 50 0 , 0 0 0 - - 1 , 60 0 , 0 0 0 - - - - - - To t a l 6, 8 4 3 , 7 5 1 7, 13 2 , 3 2 3 6, 18 4 , 3 3 2 6, 51 9 , 8 9 2 6, 66 7 , 0 4 5 7, 83 5 , 9 5 6 5, 33 3 , 5 9 1 9, 14 6 , 6 2 3 7, 37 4 , 9 8 4 6, 06 5 , 2 1 5 6, 18 1 , 6 9 2 7, 79 0 , 5 9 1 6, 12 7 , 9 3 7 5, 9 4 4 , 2 8 3 5, 689,600 5,287,799 4,926,314 4,594,292 Ex p e n d i t u r e s Pe r s o n a l S e r v c i e s 55 1 , 6 8 0 57 3 , 2 4 2 59 7 , 8 0 3 62 0 , 8 2 0 63 9 , 4 4 5 65 8 , 6 2 8 67 8 , 3 8 7 69 8 , 7 3 8 71 9 , 7 0 1 74 1 , 2 9 2 76 3 , 5 3 0 78 6 , 4 3 6 81 0 , 0 2 9 83 4 , 3 3 0 859,360 885,141 911,695 939,046 Su p p l i e s 20 7 , 8 6 9 22 0 , 1 3 2 27 0 , 2 1 0 26 7 , 2 6 0 27 2 , 6 0 5 27 8 , 0 5 7 28 3 , 6 1 8 28 9 , 29 1 29 5 , 07 7 30 0 , 9 7 8 30 6 , 9 9 8 31 3 , 1 3 8 31 9 , 4 0 0 32 5 , 7 8 8 332,304 338,950 345,729 352,644 Ot h e r S e r v i c e s & C h a r g e s 5 0 6 , 9 5 2 62 0 , 9 3 1 50 5 , 7 3 5 50 3 , 9 2 0 51 3 , 9 9 8 52 4 , 2 7 8 53 4 , 7 6 4 54 5 , 4 5 9 55 6 , 3 6 8 56 7 , 4 9 6 57 8 , 8 4 6 59 0 , 4 2 3 60 2 , 2 3 1 61 4 , 2 7 6 626,561 639,092 651,874 664,912 In s u r a n c e 35 , 1 7 4 38 , 3 9 1 39 , 5 2 2 40 , 2 0 0 41 , 0 0 4 41 , 8 2 4 42 , 6 6 1 43 , 5 1 4 44 , 3 8 4 45 , 2 7 2 46 , 1 7 7 47 , 1 0 1 48 , 0 4 3 49 , 0 0 4 49,984 50,983 52,003 53,043 Ut i l i t i e s 22 2 , 0 5 6 22 4 , 2 8 5 23 6 , 9 0 0 23 6 , 9 0 0 24 1 , 6 3 8 24 6 , 4 7 1 25 1 , 4 0 0 25 6 , 4 2 8 26 1 , 5 5 7 26 6 , 7 8 8 27 2 , 1 2 4 27 7 , 56 6 28 3 , 11 7 28 8 , 7 8 0 294,555 300,446 306,455 312,585 De p r e c i a t i o n 1, 6 3 5 , 2 5 5 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 5 9 3 , 5 4 1 1, 593,541 1,593,541 1,593,541 1,593,541 Ca p i t a l O u t l a y ( C I P ) 2, 7 6 6 , 0 0 9 3, 48 2 , 0 3 2 3, 88 9 , 0 3 7 2, 26 4 , 0 0 0 3, 36 6 , 0 0 0 3, 34 2 , 0 0 0 97 5 , 0 0 0 3, 84 0 , 0 0 0 1, 24 6 , 0 0 0 80 1 , 0 0 0 16 3 , 0 0 0 2, 31 1 , 0 0 0 80 1 , 0 0 0 1, 93 4 , 0 0 0 1, 437,000 491,000 193,000 395,000 De b t S e r v i c e ( E x i s t i n g ) 16 6 , 9 1 8 38 3 , 9 9 7 64 7 , 9 9 4 86 3 , 6 3 4 86 0 , 2 5 9 86 3 , 4 5 9 86 3 , 1 5 9 86 1 , 6 9 5 85 5 , 2 0 0 72 5 , 38 1 72 3 , 31 3 72 4 , 9 3 4 35 5 , 2 5 0 - - - - - De b t S e r v i c e ( P F A ) 1, 1 4 0 , 1 5 3 1, 14 0 , 0 9 4 1, 14 0 , 8 6 0 1, 14 0 , 1 3 0 1, 14 0 , 3 1 0 1, 14 0 , 3 9 0 1, 14 0 , 3 7 0 1, 14 0 , 2 5 0 1, 14 1 , 0 3 0 1, 14 0 , 7 0 0 1, 14 0 , 2 7 0 1, 14 0 , 7 4 0 1, 14 1 , 1 0 0 1, 1 4 0 , 3 5 0 1, 140,350 1,140,350 1,140,350 1,140,350 De b t S e r v i c e ( P r o j e c t e d ) - - - - 42 1 , 6 9 9 65 1 , 6 1 7 97 9 , 5 1 6 98 2 , 5 5 6 1, 37 9 , 7 5 5 1, 68 3 , 3 5 4 1, 67 8 , 9 5 4 1, 67 9 , 4 1 6 1, 86 7 , 0 8 5 1, 8 6 6 , 6 7 0 1, 322,897 1,092,575 762,717 762,717 To t a l 7, 2 3 2 , 0 6 6 8, 27 6 , 6 4 5 8, 92 1 , 6 0 2 7, 53 0 , 4 0 5 9, 09 0 , 5 0 0 9, 34 0 , 2 6 6 7, 34 2 , 4 1 7 10 , 25 1 , 4 7 3 8, 09 2 , 6 1 3 7 ,86 5 , 80 1 7, 26 6 , 7 5 2 9, 46 4 , 2 9 5 7, 82 0 , 7 9 7 8, 6 4 6 , 7 3 8 7, 656,552 6,532,079 5,957,365 6,213,837 Ca s h B a l a n c e - B e g i n n i n g 1, 7 7 9 , 8 5 8 3, 65 5 , 0 5 3 3, 79 2 , 8 7 0 2, 64 9 , 1 4 1 3, 23 2 , 1 6 8 2, 40 2 , 2 5 5 2, 49 1 , 4 8 6 2, 07 6 , 2 0 2 2, 56 4 , 8 9 3 3, 44 0 , 8 0 5 3, 23 3 , 7 6 0 3, 74 2 , 2 4 1 3, 66 2 , 0 7 8 3, 5 6 2 , 7 5 9 2, 453,845 2,080,433 2,429,694 2,992,184 Ch a n g e s i n A c c r u a l s 62 8 , 2 5 5 (31 1 , 4 0 2 ) - - - - - - - - - - - - - - - - Re v e n u e s 6, 8 4 3 , 7 5 1 7, 13 2 , 3 2 3 6, 18 4 , 3 3 2 6, 51 9 , 8 9 2 6, 66 7 , 0 4 5 7, 83 5 , 9 5 6 5, 33 3 , 5 9 1 9, 14 6 , 6 2 3 7, 37 4 , 9 8 4 6, 06 5 , 2 1 5 6, 18 1 , 6 9 2 7, 79 0 , 5 9 1 6, 12 7 , 9 3 7 5, 9 4 4 , 2 8 3 5, 689,600 5,287,799 4 ,926,314 4,594,292 Ex p e n d i t u r e s (7 , 2 3 2 , 0 6 6 ) (8 , 27 6 , 6 4 5 ) (8 , 92 1 , 6 0 2 ) (7 , 53 0 , 4 0 5 ) (9 , 09 0 , 5 0 0 ) (9 , 34 0 , 2 6 6 ) (7 , 34 2 , 4 1 7 ) (1 0 , 25 1 , 4 7 3 ) (8 , 09 2 , 6 1 3 ) (7 , 86 5 , 8 0 1 ) (7 , 26 6 , 7 5 2 ) (9 , 46 4 , 2 9 5 ) (7 , 8 2 0 , 7 9 7 ) (8 , 6 4 6 , 7 3 8 ) (7 , 656,552) (6,532,079) (5,957,365) (6,213,837) No n c a s h - D e p r e c i a t i o n 1, 6 3 5 , 2 5 5 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 5 9 3 , 5 4 1 1, 593,541 1,593,541 1,593,541 1,593,541 Ca s h B a l a n c e - E n d i n g 3, 6 5 5 , 0 5 3 $ 3, 79 2 , 8 7 0 $ 2, 64 9 , 1 4 1 $ 3, 23 2 , 1 6 8 $ 2, 4 0 2 , 2 5 5 $ 2, 4 9 1 , 4 8 6 $ 2, 0 7 6 , 2 0 2 $ 2, 5 6 4 , 8 9 3 $ 3, 44 0 , 8 0 5 $ 3, 23 3 , 7 6 0 $ 3, 7 4 2 , 2 4 1 $ 3, 6 6 2 , 0 7 8 $ 3, 5 6 2 , 7 5 9 $ 2, 45 3 , 8 4 5 $ 2, 080,433 $ 2,429,694 $ 2,992,184 $ 2,966,180 $ No t e s : 20 1 9 B ud g e t C ar r y o v e r f o r P r i o r P r o j e c t s T o t a l P r o j e c t A s o f 1 2 / 3 1 / 1 8 C ar r y o v e r 20 1 8 F i r e h o u s e P a r k A r e a 1, 7 7 7 , 2 5 3 1, 42 6 , 8 1 4 35 0 , 4 3 9 20 1 8 W a t e r T o w e r # 2 1, 4 0 0 , 0 0 0 1, 10 9 , 7 2 5 29 0 , 2 7 5 20 1 8 W e l l s N o 6 a n d 8 R e h a b 20 5 , 0 0 0 8, 8 1 8 19 6 , 1 8 2 20 1 7 E v e r g r e e n P a r k 1, 8 7 3 , 4 9 2 1, 57 2 , 0 1 4 30 1 , 4 7 8 20 1 7 p a v e m e n t a n d s i g n a l R e h a b 28 , 1 7 5 22 , 4 1 9 5, 7 5 6 1, 1 4 4 , 1 3 0 20 1 9 C I P P r o j e c t s 20 1 8 / 1 9 5 1 s t A v e F r o n t a g e R o a d 70 , 3 0 0 40 , 8 7 7 29 , 4 2 3 20 1 8 / 1 9 B r o o k l y n B o u l e v a r d 33 3 , 0 0 0 10 2 , 8 3 5 23 0 , 1 6 5 20 1 9 B e l l v u e / S o u t h e a s t A r e a M il l an d O v e r l a y 54 4 , 6 7 0 - 54 4 , 6 7 0 20 1 9 W e l l 2 a n d 3 R e h a b 1 4 0 , 0 0 0 - 14 0 , 0 0 0 20 1 9 I n t e r s t a t e A r e a I m p r o v e m e n t s 1 , 8 2 9 , 6 6 9 2 9 , 0 2 0 1 , 80 0 , 6 4 9 2, 7 4 4 , 9 0 7  ‐  5 0 0 , 0 0 0  1 , 0 0 0 , 0 0 0  1 , 5 0 0 , 0 0 0  2 , 0 0 0 , 0 0 0  2 , 5 0 0 , 0 0 0  3 , 0 0 0 , 0 0 0  3 , 5 0 0 , 0 0 0  4 , 0 0 0 , 0 0 0  4 , 5 0 0 , 0 0 0 20 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 2 0 2 8 2 0 2 9 2 0 3 0 2 0 3 1 2 0 3 2 2 0 3 3 2 0 3 4 Wa t e r   U t i l i t y Ca p i t a l   O u t l a y   ( C I P ) Ca s h   B a l a n c e   ‐   E n d i n g 12 Ci t y o f B r o o k l y n C e n t e r Sa n i t a r y S e w e r U t i l i t y C a s h F l o w s Re v i s e d : 7 - 2 - 1 9 Re s i d e n t i a l - F l a t F e e / P e r Q t r . 82 . 4 2 $ 8 2 . 4 2 $ 8 4 . 8 9 $ 8 7 . 4 4 $ 9 0 . 0 6 $ 9 2 . 7 6 $ 9 5 . 5 5 $ 9 8 . 4 1 $ 1 0 0 . 3 8 $ 1 0 2 . 3 9 $ 1 0 4 . 4 4 $ 1 0 6 . 5 3 $ 1 0 7 . 5 9 $ 1 0 7 . 5 9 $ 1 0 7 . 5 9 $ 1 0 6 . 5 3 $ 107.59 $ 107.59 $ Pe r Q u a r t e r C h a n g e 2. 4 0 $ - $ 2. 4 7 $ 2. 5 5 $ 2. 6 2 $ 2. 7 0 $ 2. 7 8 $ 2. 8 7 $ 1. 9 7 $ 2. 0 1 $ 2. 0 5 $ 2. 0 9 $ 1. 0 7 $ - $ - $ - $ - $ - $ Ac t u a l A c t u a l B u d g e t e d B u d g e t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d 20 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 20 2 8 2 0 2 9 2 0 3 0 2 0 3 1 2 0 3 2 2 0 3 3 2 0 3 4 Re v e n u e s Op e r a t i n g 4, 2 8 7 , 6 7 4 $ 4, 4 0 6 , 7 4 1 $ 4, 5 3 8 , 9 4 3 $ 4, 6 7 5 , 1 1 2 $ 4, 8 1 5 , 3 6 5 $ 4, 9 5 9 , 8 2 6 $ 5, 1 0 8 , 6 2 1 $ 5, 2 6 1 , 8 7 9 $ 5, 3 6 7 , 1 1 7 $ 5, 4 7 4 , 4 5 9 $ 5, 5 8 3 , 9 4 8 $ 5, 6 9 5 , 6 2 7 $ 5, 7 5 2 , 5 8 4 $ 5, 7 5 2 , 5 8 4 $ 5, 7 5 2 , 5 8 4 $ 5,752,584 $ 5,752,584 $ 5,752,584 $ In v e s t m e n t E a r n i n g s 46 , 9 8 7 66 , 1 5 7 64 , 3 9 2 64 , 3 9 2 72 , 2 2 8 32 , 6 9 7 9, 4 2 7 5, 2 8 0 8, 8 2 2 15 , 5 7 8 12 , 1 0 1 14 , 7 0 7 15 , 9 6 8 (3 , 6 9 3 ) (1 , 1 3 3 ) (6,021) (246) 5,756 No n o p e r a t i n g 98 1 - - - - - - - - - - - - - - - - - Bo n d P r o c e e d s 1, 3 9 5 , 0 0 0 - 2 , 1 0 0 , 0 0 0 1, 0 6 0 , 0 0 0 1, 4 0 0 , 0 0 0 - - 1 , 5 8 0 , 0 0 0 2, 4 2 0 , 0 0 0 - - 5 5 0 , 0 0 0 - 2 , 3 0 0 , 0 0 0 - - - - To t a l 5, 7 3 0 , 6 4 2 4, 4 7 2 , 8 9 8 6, 7 0 3 , 3 3 5 5, 7 9 9 , 5 0 4 6, 2 8 7 , 5 9 3 4, 9 9 2 , 5 2 3 5, 1 1 8 , 0 4 7 6, 8 4 7 , 1 5 9 7, 7 9 5 , 9 3 9 5, 4 9 0 , 0 3 8 5, 5 9 6 , 0 5 0 6, 2 6 0 , 3 3 4 5, 7 6 8 , 5 5 2 8, 0 4 8 , 8 9 0 5, 7 5 1 , 4 5 0 5,746,563 5,752,338 5,758,340 Ex p e n d i t u r e s Pe r s o n a l S e r v c i e s 19 5 , 8 6 5 22 2 , 4 6 3 23 7 , 0 9 6 24 6 , 6 0 1 25 3 , 9 9 9 26 1 , 6 1 9 26 9 , 4 6 8 27 7 , 5 5 2 28 5 , 8 7 8 29 4 , 4 5 4 30 3 , 2 8 8 31 2 , 3 8 7 32 1 , 7 5 8 33 1 , 4 1 1 34 1 , 3 5 3 351,594 362,142 373,006 Su p p l i e s 13 , 0 7 7 20 , 8 4 1 39 , 1 1 5 38 , 0 6 5 38 , 8 2 6 39 , 6 0 3 40 , 3 9 5 41 , 2 0 3 42 , 0 2 7 42 , 8 6 7 43 , 7 2 5 44 , 5 9 9 45 , 4 9 1 46 , 4 0 1 47 , 7 9 3 49,227 50,704 52,225 Ot h e r S e r v i c e s & C h a r g e s 2 , 7 9 2 , 4 4 8 2, 9 1 3 , 8 0 8 3, 0 3 2 , 6 7 5 3, 0 5 1 , 0 5 8 3, 1 4 2 , 5 9 0 3, 2 0 5 , 4 4 2 3, 2 6 9 , 5 5 0 3, 3 3 4 , 9 4 1 3, 4 0 1 , 6 4 0 3, 4 6 9 , 6 7 3 3, 5 3 9 , 0 6 6 3, 6 0 9 , 8 4 8 3, 6 8 2 , 0 4 5 3, 7 5 5 , 6 8 6 3, 8 3 0 , 7 9 9 3,907,415 3,985,564 4,065,275 In s u r a n c e 25 , 0 6 3 23 , 5 9 9 28 , 1 6 2 28 , 6 7 5 29 , 2 4 9 29 , 8 3 3 30 , 4 3 0 31 , 0 3 9 31 , 6 6 0 32 , 2 9 3 32 , 9 3 9 33 , 5 9 7 34 , 2 6 9 34 , 9 5 5 36 , 0 0 3 37,083 38,196 39,342 Ut i l i t i e s 44 , 7 5 5 38 , 0 1 1 39 , 1 0 0 39 , 1 0 0 39 , 8 8 2 40 , 6 8 0 41 , 4 9 3 42 , 3 2 3 43 , 1 7 0 44 , 0 3 3 44 , 9 1 4 45 , 8 1 2 46 , 7 2 8 47 , 6 6 3 49 , 0 9 3 50,565 52,082 53,645 De p r e c i a t i o n 89 7 , 8 0 3 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 902,280 902,280 902,280 Ca p i t a l O u t l a y 1, 9 4 9 , 7 7 8 1, 8 3 7 , 1 1 4 2, 9 1 5 , 0 0 0 1, 6 9 3 , 0 0 0 3, 8 6 7 , 0 0 0 1, 7 2 4 , 0 0 0 68 9 , 0 0 0 1, 9 1 0 , 0 0 0 2, 4 2 0 , 0 0 0 47 1 , 0 0 0 34 0 , 0 0 0 99 6 , 0 0 0 1, 7 1 2 , 0 0 0 2, 6 4 1 , 0 0 0 76 3 , 0 0 0 220,000 120,000 240,000 De b t S e r v i c e ( E x i s t i n g ) 36 0 , 8 5 2 39 6 , 9 1 1 50 6 , 7 5 9 50 3 , 7 8 2 50 0 , 6 1 9 50 4 , 6 9 7 49 6 , 0 9 1 49 1 , 9 7 8 48 4 , 8 9 7 35 3 , 3 5 4 16 0 , 5 4 4 16 1 , 9 0 0 - - - - - - De b t S e r v i c e ( P r o j e c t e d ) - - - - 3 5 5 , 1 5 1 51 6 , 3 7 5 51 8 , 5 7 5 51 5 , 7 0 5 70 0 , 6 0 1 98 1 , 0 4 4 98 2 , 6 8 4 98 4 , 1 3 6 1, 0 4 9 , 7 6 3 1, 0 4 5 , 4 8 8 96 2 , 7 0 9 800,674 800,674 800,674 To t a l 6, 2 7 9 , 6 4 1 6, 3 5 5 , 0 2 7 7, 7 0 0 , 1 8 7 6, 5 0 2 , 5 6 1 9, 1 2 9 , 5 9 6 7, 2 2 4 , 5 2 9 6, 2 5 7 , 2 8 1 7, 5 4 7 , 0 2 0 8, 3 1 2 , 1 5 3 6, 5 9 0 , 9 9 9 6, 3 4 9 , 4 4 0 7, 0 9 0 , 5 5 9 7, 7 9 4 , 3 3 5 8, 8 0 4 , 8 8 3 6, 9 3 3 , 0 3 1 6,318,839 6,311,641 6,526,446 Ca s h B a l a n c e - B e g i n n i n g 4, 7 3 1 , 9 8 2 4, 7 8 7 , 6 0 0 3, 7 0 3 , 4 6 2 3, 6 0 8 , 8 9 1 3, 8 0 8 , 1 1 3 1, 8 6 8 , 3 9 0 53 8 , 6 6 4 30 1 , 7 1 0 50 4 , 1 2 9 89 0 , 1 9 5 69 1 , 5 1 3 84 0 , 4 0 4 91 2 , 4 5 9 (2 1 1 , 0 4 4 ) (6 4 , 7 5 7 ) (344,058) (14,054) 328,923 Ch a n g e s i n A c c r u a l s (2 9 3 , 1 8 6 ) (1 0 4 , 2 8 8 ) - - - - - - - - - - - - - - - - Re v e n u e s 5, 7 3 0 , 6 4 2 4, 4 7 2 , 8 9 8 6, 7 0 3 , 3 3 5 5, 7 9 9 , 5 0 4 6, 2 8 7 , 5 9 3 4, 9 9 2 , 5 2 3 5, 1 1 8 , 0 4 7 6, 8 4 7 , 1 5 9 7, 7 9 5 , 9 3 9 5, 4 9 0 , 0 3 8 5, 5 9 6 , 0 5 0 6, 2 6 0 , 3 3 4 5, 7 6 8 , 5 5 2 8, 0 4 8 , 8 9 0 5, 7 5 1 , 4 5 0 5,746,563 5,752,338 5,758,340 Ex p e n d i t u r e s (6 , 2 7 9 , 6 4 1 ) (6 , 3 5 5 , 0 2 7 ) (7 , 7 0 0 , 1 8 7 ) (6 , 5 0 2 , 5 6 1 ) (9 , 1 2 9 , 5 9 6 ) (7 , 2 2 4 , 5 2 9 ) (6 , 2 5 7 , 2 8 1 ) (7 , 5 4 7 , 0 2 0 ) (8 , 3 1 2 , 1 5 3 ) (6 , 5 9 0 , 9 9 9 ) (6 , 3 4 9 , 4 4 0 ) (7 , 0 9 0 , 5 5 9 ) (7 , 7 9 4 , 3 3 5 ) (8 , 8 0 4 , 8 8 3 ) (6 , 9 3 3 , 0 3 1 ) (6,318,839) (6,311,641) (6,526,446) No n c a s h - D e p r e c i a t i o n 89 7 , 8 0 3 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 902,280 902,280 902,280 Ca s h B a l a n c e - E n d i n g 4, 7 8 7 , 6 0 0 $ 3, 7 0 3 , 4 6 2 $ 3, 6 0 8 , 8 9 1 $ 3, 8 0 8 , 1 1 3 $ 1, 8 6 8 , 3 9 0 $ 53 8 , 6 6 4 $ 30 1 , 7 1 0 $ 50 4 , 1 2 9 $ 89 0 , 1 9 5 $ 69 1 , 5 1 3 $ 84 0 , 4 0 4 $ 91 2 , 4 5 9 $ (2 1 1 , 0 4 4 ) $ (6 4 , 7 5 7 ) $ (3 4 4 , 0 5 8 ) $ (14,054)$ 328,92 3 $ 463,09 7 $ No t e s : 20 1 9 B u d g e t C a r r y o v e r f o r P r i o r P r o j e c t s T o t a l P r o j e c t A s o f 1 2 / 3 1 / 1 8 C a r r y o v e r 20 1 8 F i r e h o u s e P a r k A r e a 1 , 6 0 1 , 8 5 8 1 , 2 8 6 , 0 0 4 3 1 5 , 8 5 4 20 1 7 E v e r g r e e n P a r k 1 , 4 4 8 , 7 7 5 1 , 2 1 5 , 6 4 3 2 3 3 , 1 3 2 20 1 7 p a v e m e n t a n d s i g n a l R e h a b 1 7 , 9 6 5 1 4 , 3 2 0 3 , 6 4 5 55 2 , 6 3 1 20 1 9 C I P P r o j e c t s 20 1 8 / 1 9 5 1 s t A v e F r o n t a g e R o a d 7 7 , 1 0 0 4 4 , 8 2 6 3 2 , 2 7 4 20 1 8 / 1 9 B r o o k l y n B o u l e v a r d 8 6 , 0 0 0 2 6 , 4 1 0 5 9 , 5 9 0 20 1 9 B e l l v u e / S o u t h e a s t A r e a M i l l a n d O v e r l a y 1 0 8 , 5 2 5 - 1 0 8 , 5 2 5 20 1 9 L i f t S t a t i o n N o . 2 / M i s s . R i v e r T r u n k L i n 9 7 7 , 0 0 0 - 9 7 7 , 0 0 0 20 1 9 I n t e r s t a t e A r e a I m p r o v e m e n t s 2 , 2 3 3 , 9 6 3 1 9 , 5 3 3 2 , 2 1 4 , 4 3 0 3, 3 9 1 , 8 1 9  ( 1 , 0 0 0 , 0 0 0 )  ‐  1 , 0 0 0 , 0 0 0  2 , 0 0 0 , 0 0 0  3 , 0 0 0 , 0 0 0  4 , 0 0 0 , 0 0 0  5 , 0 0 0 , 0 0 0  6 , 0 0 0 , 0 0 0 20 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 2 0 2 8 2 0 2 9 2 0 3 0 2 0 3 1 2 0 3 22 0 3 32 0 3 4 Ca p i t a l   O u t l a y Ca s h   B a l a n c e   ‐   E n d i n g 13 Ci t y o f B r o o k l y n C e n t e r St o r m W a t e r U t i l i t y C a s h F l o w s Re v i s e d : 7 - 2 - 1 9 Re s i d e n t i a l - F l a t F e e / P e r Q t r . 14 . 4 8 $ 1 4 . 7 7 $ 1 5 . 0 6 $ 1 5 . 3 7 $ 1 5 . 6 7 $ 1 5 . 9 9 $ 1 6 . 3 1 $ 1 6 . 6 3 $ 1 6 . 9 7 $ 1 7 . 3 0 $ 1 7 . 6 5 $ 1 8 . 0 0 $ 1 8 . 3 6 $ 1 8 . 7 3 $ 1 9 . 1 1 $ 18.73 $ 19.11 $ 19.49 $ Pe r Q u a r t e r C h a n g e - $ 0. 2 9 $ 0. 3 0 $ 0. 3 0 $ 0. 3 1 $ 0. 3 1 $ 0. 3 2 $ 0. 3 3 $ 0. 3 3 $ 0. 3 4 $ 0. 3 5 $ 0. 3 5 $ 0. 3 6 $ 0. 3 7 $ 0.37 $ 0.37 $ 0.37 $ 0.38 $ Ac t u a l A c t u a l B u d g e t B u d g e t P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d 20 1 7 2 0 1 8 20 1 9 20 2 0 2 0 2 1 2 0 2 2 2 0 2 3 20 2 4 20 2 5 20 2 6 2 0 2 7 20 2 8 20 2 9 20 3 0 2031 2032 2033 2034 Re v e n u e s Op e r a t i n g 1, 5 9 8 , 3 7 4 $ 1, 6 8 1 , 2 3 4 $ 1, 7 1 4 , 8 5 9 $ 1, 7 4 9 , 1 5 6 $ 1, 7 8 4 , 1 3 9 $ 1, 8 1 9 , 8 2 2 $ 1, 8 5 6 , 2 1 8 $ 1, 8 9 3 , 3 4 3 $ 1, 9 3 1 , 2 0 9 $ 1, 9 6 9 , 8 3 4 $ 2, 0 0 9 , 2 3 0 $ 2, 0 4 9 , 4 1 5 $ 2, 0 9 0 , 4 0 3 $ 2, 1 3 2 , 2 1 1 $ 2,174,855 $ 2,218,353 $ 2,262,720 $ 2,307,974 $ In v e s t m e n t E a r n i n g s 42 , 2 2 0 63 , 0 8 0 52 , 8 3 3 72 , 0 3 4 42 , 3 5 1 25 , 9 3 1 22 , 9 2 7 20 , 8 0 0 23 , 1 2 0 22 , 3 4 3 17 , 0 2 3 22 , 2 4 4 14 , 7 4 2 26 , 8 6 7 35,780 28,025 17,919 21,971 In t e r g o v e r n m e n t a l - - - 3 5 5 , 0 0 0 - - - - - - - - - - - - - - No n o p e r a t i n g 25 0 49 9 - - - - - - - - - - - - - - - - Bo n d P r o c e e d s - 1 , 5 3 0 , 1 4 2 1, 6 0 0 , 0 0 0 - 1 , 8 8 0 , 0 0 0 - - - - - - - 2 , 7 4 0 , 0 0 0 1, 3 2 0 , 0 0 0 - - - - To t a l 1, 6 4 0 , 8 4 4 3, 2 7 4 , 9 5 5 3, 3 6 7 , 6 9 2 2, 1 7 6 , 1 9 0 3, 7 0 6 , 4 9 0 1, 8 4 5 , 7 5 3 1, 8 7 9 , 1 4 6 1, 9 1 4 , 1 4 2 1, 9 5 4 , 3 2 9 1, 9 9 2 , 1 7 6 2, 0 2 6 , 2 5 4 2, 0 7 1 , 6 5 9 4, 8 4 5 , 1 4 5 3, 4 7 9 , 0 7 8 2,210,636 2,246,377 2,280,638 2,329,945 Ex p e n d i t u r e s Pe r s o n a l S e r v c i e s 20 8 , 9 3 2 22 2 , 4 6 3 30 9 , 5 8 8 32 5 , 8 2 6 33 5 , 6 0 1 34 5 , 6 6 9 35 6 , 0 3 9 36 6 , 7 2 0 37 7 , 7 2 2 38 9 , 0 5 3 40 0 , 7 2 5 41 2 , 7 4 7 42 5 , 1 2 9 43 7 , 8 8 3 451,019 464,550 478,486 492,841 Su p p l i e s 19 , 4 2 0 13 , 4 9 6 53 , 2 6 5 45 , 1 0 0 46 , 0 0 2 46 , 9 2 2 47 , 8 6 0 48 , 8 1 8 49 , 7 9 4 50 , 7 9 0 51 , 8 0 6 52 , 8 4 2 53 , 8 9 9 54 , 9 7 7 56,076 57,198 58,342 59,508 Ot h e r S e r v i c e s & C h a r g e s 30 4 , 2 8 1 33 1 , 0 3 0 35 8 , 5 7 5 35 4 , 2 1 0 36 1 , 2 9 4 36 8 , 5 2 0 37 5 , 8 9 0 38 3 , 4 0 8 39 1 , 0 7 6 39 8 , 8 9 8 40 6 , 8 7 6 41 5 , 0 1 3 42 3 , 3 1 4 43 1 , 7 8 0 440,416 449,224 458,208 467,373 In s u r a n c e 2, 2 3 3 2, 4 7 0 2, 5 0 9 2, 5 5 0 2, 6 0 1 2, 6 5 3 2, 7 0 6 2, 7 6 0 2, 8 1 5 2, 8 7 2 2, 9 2 9 2, 9 8 8 3, 0 4 7 3, 1 0 8 3,171 3,234 3,299 3,365 Ut i l i t i e s 2, 9 2 4 3, 1 2 8 3, 7 0 0 3, 7 0 0 3, 7 7 4 3, 8 4 9 3, 9 2 6 4, 0 0 5 4, 0 8 5 4, 1 6 7 4, 2 5 0 4, 3 3 5 4, 4 2 2 4, 5 1 0 4,600 4,692 4,786 4,882 De p r e c i a t i o n 1, 2 7 7 , 8 8 3 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1,309,454 1,309,454 1,309,454 1,309,454 Ca p i t a l O u t l a y 1, 6 2 8 , 8 0 1 1, 8 4 0 , 9 3 0 3, 7 5 0 , 0 1 2 2, 0 3 1 , 0 0 0 3, 5 9 2 , 0 0 0 72 5 , 0 0 0 69 4 , 0 0 0 46 0 , 0 0 0 65 2 , 0 0 0 93 4 , 0 0 0 34 0 , 0 0 0 1, 2 2 0 , 0 0 0 2, 8 4 8 , 0 0 0 1, 3 2 0 , 0 0 0 1,005,000 1,369,000 570,000 780,000 De b t S e r v i c e ( e x i s t i n g ) 18 , 0 8 0 14 3 , 9 9 8 12 4 , 6 5 0 12 7 , 5 0 0 12 5 , 3 0 0 12 8 , 0 5 0 12 5 , 7 5 0 12 3 , 4 5 0 12 6 , 1 0 0 12 3 , 7 0 0 12 6 , 2 5 0 - - - - - - - De b t S e r v i c e ( p r o j e c t e d ) - - - - 1 7 8 , 1 8 1 39 6 , 7 3 4 39 4 , 5 6 4 39 2 , 3 9 4 39 5 , 1 4 6 39 2 , 6 6 6 39 5 , 1 0 6 39 2 , 3 8 4 39 4 , 4 9 7 71 7 , 4 7 7 693,547 475,956 475,956 475,956 To t a l 3, 4 6 2 , 5 5 4 3, 8 6 6 , 9 6 9 5, 9 1 1 , 7 5 3 4, 1 9 9 , 3 4 0 5, 9 5 4 , 2 0 7 3, 3 2 6 , 8 5 1 3, 3 1 0 , 1 9 0 3, 0 9 1 , 0 0 9 3, 3 0 8 , 1 9 2 3, 6 0 5 , 5 9 9 3, 0 3 7 , 3 9 6 3, 8 0 9 , 7 6 2 5, 4 6 1 , 7 6 1 4, 2 7 9 , 1 9 0 3,963,283 4,133,308 3,358,531 3,593,379 Ca s h B a l a n c e - B e g i n n i n g 4, 2 3 7 , 6 1 5 3, 6 8 5 , 8 6 2 4, 3 6 8 , 3 4 9 3, 1 3 3 , 7 4 2 2, 4 2 0 , 0 4 6 1, 4 8 1 , 7 8 2 1, 3 1 0 , 1 3 8 1, 1 8 8 , 5 4 8 1, 3 2 1 , 1 3 5 1, 2 7 6 , 7 2 6 97 2 , 7 5 7 1, 2 7 1 , 0 6 9 84 2 , 4 1 9 1, 5 3 5 , 2 5 7 2,044,600 1,601,407 1,023,930 1,255,491 Ch a n g e s i n A c c r u a l s (7 , 9 2 6 ) (3 4 , 9 5 3 ) - - - - - - - - - - - - - - - - Re v e n u e s 1, 6 4 0 , 8 4 4 3, 2 7 4 , 9 5 5 3, 3 6 7 , 6 9 2 2, 1 7 6 , 1 9 0 3, 7 0 6 , 4 9 0 1, 8 4 5 , 7 5 3 1, 8 7 9 , 1 4 6 1, 9 1 4 , 1 4 2 1, 9 5 4 , 3 2 9 1, 9 9 2 , 1 7 6 2, 0 2 6 , 2 5 4 2, 0 7 1 , 6 5 9 4, 8 4 5 , 1 4 5 3, 4 7 9 , 0 7 8 2,210,636 2,246,377 2,280,638 2,329,945 Ex p e n d i t u r e s (3 , 4 6 2 , 5 5 4 ) (3 , 8 6 6 , 9 6 9 ) (5 , 9 1 1 , 7 5 3 ) (4 , 1 9 9 , 3 4 0 ) (5 , 9 5 4 , 2 0 7 ) (3 , 3 2 6 , 8 5 1 ) (3 , 3 1 0 , 1 9 0 ) (3 , 0 9 1 , 0 0 9 ) (3 , 3 0 8 , 1 9 2 ) (3 , 6 0 5 , 5 9 9 ) (3 , 0 3 7 , 3 9 6 ) (3 , 8 0 9 , 7 6 2 ) (5 , 4 6 1 , 7 6 1 ) (4 , 2 7 9 , 1 9 0 ) (3,963,283) (4,133,308) (3,358,531) (3,593,379) No n c a s h - D e p r e c i a t i o n 1, 2 7 7 , 8 8 3 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1,309,454 1,309,454 1,309,454 1,309,454 Ca s h B a l a n c e - E n d i n g 3, 6 8 5 , 8 6 2 $ 4, 3 6 8 , 3 4 9 $ 3, 1 3 3 , 7 4 2 $ 2, 4 2 0 , 0 4 6 $ 1, 4 8 1 , 7 8 2 $ 1, 3 1 0 , 1 3 8 $ 1, 1 8 8 , 5 4 8 $ 1, 3 2 1 , 1 3 5 $ 1, 2 7 6 , 7 2 6 $ 97 2 , 7 5 7 $ 1, 2 7 1 , 0 6 9 $ 84 2 , 4 1 9 $ 1, 5 3 5 , 2 5 7 $ 2, 0 4 4 , 6 0 0 $ 1,601,407 $ 1,023,930 $ 1,255,491 $ 1,301,511 $ No t e s : 20 1 9 B u d g e t C a r r y o v e r f o r P r i o r P r o j e c t s To t a l P r o j e c t A s o f 1 2 / 3 1 / 1 8 Ca r r y o v e r 20 1 8 F i r e h o u s e P a r k A r e a 1, 5 8 5 , 5 8 6 1, 2 7 2 , 9 4 0 31 2 , 6 4 6 20 1 7 5 7 t h A v e M i l l a n d O v e r l a y 29 , 0 0 0 24 , 6 5 3 4, 3 4 7 20 1 7 E v e r g r e e n P a r k 1, 4 5 8 , 5 3 5 1, 2 2 3 , 8 3 1 23 4 , 7 0 4 20 1 7 p a v e m e n t a n d s i g n a l R e h a b 53 , 9 3 5 42 , 9 6 1 10 , 9 7 4 56 2 , 6 7 1 20 1 9 C I P P r o j e c t s 20 1 8 / 1 9 5 1 s t A v e F r o n t a g e R o a d 13 3 , 0 0 0 81 , 0 7 8 51 , 9 2 2 20 1 8 / 1 9 B r o o k l y n B o u l e v a r d 48 2 , 0 0 0 14 9 , 5 9 5 33 2 , 4 0 5 20 1 9 B e l l v u e / S o u t h e a s t A r e a M i l l a n d O v e r l a y 4 8 5 , 6 5 8 48 5 , 6 5 8 20 1 9 I n t e r s t a t e A r e a I m p r o v e m e n t s 1, 8 9 0 , 1 9 8 18 , 6 4 0 1, 8 7 1 , 5 5 8 20 1 9 7 0 t h A v e S t o r m S e w e r T r u n k L i n e R e h a b i l i t 3 2 8 , 0 0 0 32 8 , 0 0 0 20 1 9 S t o r m P o n d s 2 6 , 2 6 , 3 5 , 3 5 14 9 , 0 0 0 31 , 2 0 2 11 7 , 7 9 8 3, 1 8 7 , 3 4 1  ‐  5 0 0 , 0 0 0  1 , 0 0 0 , 0 0 0  1 , 5 0 0 , 0 0 0  2 , 0 0 0 , 0 0 0  2 , 5 0 0 , 0 0 0  3 , 0 0 0 , 0 0 0  3 , 5 0 0 , 0 0 0  4 , 0 0 0 , 0 0 0  4 , 5 0 0 , 0 0 0  5 , 0 0 0 , 0 0 0 20 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 2 0 2 8 2 0 2 9 2 0 3 0 2 0 3 1 2 0 3 2 2033 2034 Ca p i t a l   O u t l a y Ca s h   B a l a n c e   ‐   E n d i n g 14 Ci t y o f B r o o k l y n C e n t e r St r e e t L i g h t U t i l i t y F u n d R a t e A n a l y s i s Re v i s e d : 7 - 2 - 1 9 Re s i d e n t i a l - F l a t F e e / P e r Q t r . 6. 5 5 $ 6 . 5 5 $ 6 . 5 5 $ 6 . 5 5 $ 6 . 5 5 $ 6 . 5 5 $ 6 . 5 5 $ 6 . 5 5 $ 6 . 5 5 $ 6 . 5 5 $ 6 . 5 5 $ 6 . 5 5 $ 6 . 5 5 $ 6 . 5 5 $ 6 . 5 5 $ 6.55 $ 6.55 $ 6.55 $ Pe r Q u a r t e r C h a n g e - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Ac t u a l A c t u a l B u d g e t B u d g e t P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d 20 1 7 20 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 2 0 2 8 2 0 2 9 2 0 3 0 2 0 3 1 2 0 3 2 2 0 3 3 2 0 3 4 Re v e n u e s Op e r a t i n g 45 1 , 3 5 8 $ 46 8 , 9 0 0 $ 46 8 , 9 0 0 $ 46 8 , 9 0 0 $ 46 8 , 9 0 0 $ 46 8 , 9 0 0 $ 46 8 , 9 0 0 $ 46 8 , 9 0 0 $ 46 8 , 9 0 0 $ 46 8 , 9 0 0 $ 46 8 , 9 0 0 $ 46 8 , 9 0 0 $ 46 8 , 9 0 0 $ 46 8 , 9 0 0 $ 468,900 $ 468,900 $ 468,900 $ 468,900 $ In v e s t m e n t E a r n i n g s 6, 1 7 0 10 , 5 8 7 10 , 4 0 9 11 , 6 9 8 12 , 7 4 5 9, 3 3 5 10 , 6 7 1 7, 1 5 8 7, 2 1 4 5, 7 7 2 4, 0 2 9 7, 0 5 2 8, 4 4 8 11 , 3 3 6 13,991 15,706 17,337 19,930 No n o p e r a t i n g 2, 9 3 5 9, 3 4 8 - - - - - - - - - - - - - - - - To t a l 46 0 , 4 6 3 48 8 , 8 3 5 47 9 , 3 0 9 48 0 , 5 9 8 48 1 , 6 4 5 47 8 , 2 3 5 47 9 , 5 7 1 47 6 , 0 5 8 47 6 , 1 1 4 47 4 , 6 7 2 47 2 , 9 2 9 47 5 , 9 5 2 47 7 , 3 4 8 48 0 , 2 3 6 482,891 484,606 486,237 488,830 Ex p e n d i t u r e s Su p p l i e s 5, 9 0 1 5, 7 7 8 7, 7 8 0 8, 0 3 0 8, 1 9 1 8, 3 5 4 8, 5 2 2 8, 6 9 2 8, 8 6 6 9, 0 4 3 9, 2 2 4 9, 4 0 8 9, 5 9 7 9, 7 8 9 9,984 10,184 10,388 10,595 Ot h e r S e r v i c e s & C h a r g e s 32 , 9 5 0 38 , 8 0 5 48 , 2 1 0 48 , 3 8 7 49 , 3 5 5 50 , 3 4 2 51 , 3 4 9 52 , 3 7 6 53 , 4 2 3 54 , 4 9 2 55 , 5 8 1 56 , 6 9 3 57 , 8 2 7 58 , 9 8 3 60,163 61,366 62,594 63,846 In s u r a n c e 79 8 1, 2 2 4 89 7 90 0 91 8 93 6 95 5 97 4 99 4 1, 0 1 4 1, 0 3 4 1, 0 5 4 1, 0 7 6 1, 0 9 7 1,119 1,141 1,164 1,188 Ut i l i t i e s 16 8 , 1 1 8 16 9 , 1 4 3 20 4 , 0 0 0 20 4 , 0 0 0 20 8 , 0 8 0 21 2 , 2 4 2 21 6 , 4 8 6 22 0 , 8 1 6 22 5 , 2 3 2 22 9 , 7 3 7 23 4 , 3 3 2 23 9 , 0 1 9 24 3 , 7 9 9 24 8 , 6 7 5 253,648 258,721 263,896 269,174 De p r e c i a t i o n 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59,302 59,302 59,302 59,302 Ca p i t a l O u t l a y 11 7 , 2 5 5 11 1 , 9 1 5 42 1 , 1 1 1 60 , 0 0 0 41 0 , 0 0 0 13 0 , 0 0 0 40 3 , 0 0 0 19 0 , 0 0 0 27 0 , 0 0 0 28 0 , 0 0 0 - 9 0 , 0 0 0 - 1 0 , 0 0 0 60,000 60,000 - - Tr a n s f e r s O u t - 1 1 1 , 1 4 4 - - - - - - - - - - - - - - - - To t a l 38 4 , 3 2 4 49 7 , 3 1 1 74 1 , 3 0 0 38 0 , 6 1 9 73 5 , 8 4 5 46 1 , 1 7 6 73 9 , 6 1 4 53 2 , 1 6 0 61 7 , 8 1 7 63 3 , 5 8 7 35 9 , 4 7 3 45 5 , 4 7 7 37 1 , 6 0 0 38 7 , 8 4 6 444,217 450,715 397,343 404,104 Ca s h B a l a n c e - B e g i n n i n g 58 1 , 4 6 9 72 1 , 6 8 6 77 1 , 7 1 5 56 9 , 0 2 6 72 8 , 3 0 7 53 3 , 4 0 9 60 9 , 7 6 9 40 9 , 0 2 9 41 2 , 2 2 9 32 9 , 8 2 8 23 0 , 2 1 4 40 2 , 9 7 2 48 2 , 7 5 0 64 7 , 8 0 0 799,492 897,468 990,661 1,138,856 Ch a n g e s i n A c c r u a l s 4, 7 7 6 (7 9 7 ) - - - - - - - - - - - - - - - - Re v e n u e s 46 0 , 4 6 3 48 8 , 8 3 5 47 9 , 3 0 9 48 0 , 5 9 8 48 1 , 6 4 5 47 8 , 2 3 5 47 9 , 5 7 1 47 6 , 0 5 8 47 6 , 1 1 4 47 4 , 6 7 2 47 2 , 9 2 9 47 5 , 9 5 2 47 7 , 3 4 8 48 0 , 2 3 6 482,891 484,606 486,237 488,830 Ex p e n d i t u r e s (3 8 4 , 3 2 4 ) (4 9 7 , 3 1 1 ) (7 4 1 , 3 0 0 ) (3 8 0 , 6 1 9 ) (7 3 5 , 8 4 5 ) (4 6 1 , 1 7 6 ) (7 3 9 , 6 1 4 ) (5 3 2 , 1 6 0 ) (6 1 7 , 8 1 7 ) (6 3 3 , 5 8 7 ) (3 5 9 , 4 7 3 ) (4 5 5 , 4 7 7 ) (3 7 1 , 6 0 0 ) (3 8 7 , 8 4 6 ) (444,217) (450,715) (397,343) (404,104) No n c a s h - D e p r e c i a t i o n 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59,302 59,302 59,302 59,302 Ca s h B a l a n c e - E n d i n g 72 1 , 6 8 6 $ 77 1 , 7 1 5 $ 56 9 , 0 2 6 $ 72 8 , 3 0 7 $ 53 3 , 4 0 9 $ 60 9 , 7 6 9 $ 40 9 , 0 2 9 $ 41 2 , 2 2 9 $ 32 9 , 8 2 8 $ 23 0 , 2 1 4 $ 40 2 , 9 7 2 $ 48 2 , 7 5 0 $ 64 7 , 8 0 0 $ 79 9 , 4 9 2 $ 897,468 $ 990,661 $ 1,138,85 6 $ 1,282,88 4 $ 20 1 9 B u d g e t C a r r y o v e r f o r P r i o r P r o j e c t s To t a l P r o j e c t A s o f 1 2 / 3 1 / 1 8 Ca r r y o v e r 20 1 8 F i r e h o u s e P a r k A r e a 73 , 7 8 1 59 , 2 3 3 14 , 5 4 8 20 1 8 E a r l e B r o w n / O p p S i t e S t . L t s 22 5 , 0 0 0 - 2 2 5 , 0 0 0 T h i s w a s n o t i n c l u d e d i n 2 0 1 9 C I P p r e p a r e d 1 1 - 2 0 - 1 8 , s h o u l d i t b e c a r r i e d f o r w a r d ? 20 1 7 E v e r g r e e n P a r k 11 8 , 7 3 8 99 , 6 3 1 19 , 1 0 7 20 1 7 p a v e m e n t a n d s i g n a l R e h a b 17 , 8 3 0 14 , 2 0 3 3, 6 2 7 26 2 , 2 8 2 20 1 9 C I P P r o j e c t s 20 1 8 / 1 9 B r o o k l y n B o u l e v a r d 15 5 , 0 0 0 37 , 1 1 1 11 7 , 8 8 9 20 1 9 I n t e r s t a t e A r e a I m p r o v e m e n t s 41 , 9 4 5 1, 0 0 5 40 , 9 4 0 15 8 , 8 2 9  ‐  2 0 0 , 0 0 0  4 0 0 , 0 0 0  6 0 0 , 0 0 0  8 0 0 , 0 0 0  1 , 0 0 0 , 0 0 0  1 , 2 0 0 , 0 0 0  1 , 4 0 0 , 0 0 0 20 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 2 0 2 8 2 0 2 9 2 0 3 0 2 0 3 1 2 0 3 2 2 0 3 3 2 0 3 4 Ca p i t a l   O u t l a y Ca s h   B a l a n c e   ‐   E n d i n g 15 City of Brooklyn Center - Technology Fund Budget - 2020 to 2024 Approved Approved Amended Requested Projected Projected Projected Projected 2018 2019 2019 2020 2021 2022 2023 2024 On-site Server Hardware (Replacement, 4-year cycle) VM Server bc-esxi1-ch (hosts bc-ad01, bc-video-vm1, bc-video-vm2) (2016) (5 Technology Fund 41000-6243 19,000 35,000 VM Server bc-esxi2-pd (hosts bc-pd01, bc-video-vm3, bc-video-vm4) (2016) (5Technology Fund 41000-6243 19,000 35,000 Sub-Total On-site Server Hardware - - 38,000 - - - 70,000 Network Hardware (Replacement, 3-5-year cycle) Firewall City Hall (2020) Technology Fund 41000-6243 6,000 6,000 7,000 Firewall Police (2020)Technology Fund 41000-6243 6,000 6,000 7,000 Layer 3 Switch (20)Technology Fund 41000-6243 10,000 10,000 11,000 Wireless Controller (2016) (33% General, 55% EBHC, 4% Liquor, 8% PU) Technology Fund 41000-6243 6,000 City Hall Network Switches (3 48-port/2020)Technology Fund 41000-6243 28,000 28,000 30,000 Community Center Network Switch (1 48-port/2020)Technology Fund 41000-6243 7,500 7,500 8,500 Police Network Switches (4 48-port/2013)Technology Fund 41000-6243 35,000 38,500 Police Network Encryption Transceivers-(NEW 2017)Technology Fund 41000-6243 3,800 Public Works Garage Network Switches (1 48-port/2013; 1 24-port/2013) Technology Fund 41000-6243 13,000 14,300 WTP Network Switch (1 48 port POE)Technology Fund 41000-6243 6,800 West Fire Network Switch (1 48-port/2015)Technology Fund 41000-6243 7,800 East Fire Network Switch (1 24-port/2015)Technology Fund 41000-6243 5,800 Centerbrook Network Switch (1 24-port/2015)Technology Fund 41000-6243 5,800 City Hall Network Wireless (1/2013, 5/2016)Technology Fund 41000-6243 750 4,000 825 Community Center Network Wireless (3/2013)Technology Fund 41000-6243 2,250 2,475 Police Network Wireless (4/2013, 2/2016)Technology Fund 41000-6243 3,000 1,800 3,300 Public Works Garage Network Wireless (3/2015)Technology Fund 41000-6243 3,000 West Fire Network Wireless (2/2013)Technology Fund 41000-6243 1,500 1,650 East Fire Network Wireless (1/2013)Technology Fund 41000-6243 750 825 Centerbrook Wireless (1/2013)Technology Fund 41000-6243 750 825 WTP Wireless (5)Technology Fund 41000-6243 5,000 UPS IT Room City Hall (2016) (10-15 year cycle)Technology Fund 41000-6540 Sub-Total Network Hardware 57,000 57,500 57,500 34,200 11,800 3,800 62,700 63,500 IP Telephony (Replacement, 5-8-year cycle) Voice Gateway (2015) Technology Fund 41000-6243 8,000 Handset Replacement (2010) (85% General, 10% EBHC, 5% Liquor) Technology Fund 41000-6540 68,000 RightFax Software (integrates IPT with Exchange for direct faxing) (NEW) Technology Fund 41000-6421 4,500 Sub-Total IP Telephony 72,500 - - - 8,000 - - Software (over $25,000) Laserfiche Upgrade Technology Fund 41000-6421 69,500 Services for LF Upgrade Technology Fund 41000-6307 10,000 SharePoint Technology Fund 41000-6421 30,000 Sub-Total Software - - 109,500 Video Surveillance (Replacement, 7-10 year cycle) General Fund Departments (NEW) 2018-Public Works Garage Technology Fund 41000-6540 20,000 20,000 20,000 Sub-Total Video Surveillance 20,000 20,000 20,000 - - - - - Security Card Access (Replacement, 7-20 year cycle) General Fund Departments (NEW) 2018-Public Works Garage/Community CenTechnology Fund 41000-6540 38,000 Sub-Total Security Card Access 38,000 - - - - - - - Multi-Function Devices (Replacement 7-year cycle) General Fund Departments (purchased 2011, 2012)Technology Fund 41000-6243 74,000 74,000 74,000 Sub-Total Multi-Function Devices 74,000 74,000 74,000 - - - - - Scanners (Replacement 7-year cycle) General Fund Departments (purchased 2009)Technology Fund 41000-6243 30,000 30,000 Sub-Total Multi-Function Devices - 30,000 30,000 - - - - - Digital Signage City Hall/Community Center (outside, 2019; inside, 2020) (NEW)Technology Fund 41000-6540 60,000 100,000 20,000 20,000 West Fire 40,000 Comm Ctr Inside Centerbrook 40,000 Sub-Total Multi-Function Devices - 60,000 100,000 60,000 60,000 - - - Audio Visual (Replacement 5-7-year cycle) General Fund Building Conference Rooms (excludes Council Chambers) (NEWTechnology Fund 41000-6243 20,000 - 10,000 35,000 Sub-Total Audio Visual 20,000 - 10,000 35,000 - - - - Fiber Optic Infrastructure Technology Fund 41000-6307 50,000 Sub-Total Fiber Optic Infrastructure - - 50,000 Service Desk Panic Buttons Technology Fund 41000-6243 20,000 Sub-Total Fiber Optic Infrastructure - - 20,000 Carryforward projects Police Patrol Computers (Budget carry-forward from 2019 General Fund)50,000 Public Works Mobile Computers (Budget carry-forward from 2019 General Fund)25,800 Website redesign (Budget carry-forward from 2019 General Fund)18,000 Sub-Total Audio Visual 93,800 Total Technology Fund - 281,500 241,500 385,300 346,700 71,800 11,800 62,700 133,500 Requested 6/20/2014 16 Ci t y o f B r o o k l y n C e n t e r Te c h n o l o g y C a p i t a l F u n d C a s h F l o w s A n a l y s i s Up d a t e d 7 - 2 - 1 9 Ac t u a l A c t u a l P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d 20 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 2 0 2 8 2 0 2 9 2 0 3 0 2 0 3 1 2 0 3 2 Re v e n u e s Tr a n s f e r s I n 14 0 , 0 0 0 $ 23 3 , 8 0 0 $ 14 0 , 0 0 0 $ 12 5 , 0 0 0 $ 12 5 , 0 0 0 $ 12 5 , 0 0 0 $ 12 5 , 0 0 0 $ 12 5 , 0 0 0 $ 12 5 , 0 0 0 $ 12 5 , 0 0 0 $ 12 5 , 0 0 0 $ 12 5 , 0 0 0 $ 12 5 , 0 0 0 $ 125,000 $ 125,000 $ 125,000 $ In v e s t m e n t E a r n i n g s 2 , 0 6 3 4, 6 0 2 4, 7 3 6 5, 5 1 0 1, 1 8 7 2, 1 3 9 4, 1 5 7 5, 3 2 0 5, 2 6 4 5, 3 5 1 5, 3 9 6 5, 3 9 6 5,351 5,259 5,118 4,925 To t a l 14 2 , 0 6 3 23 8 , 4 0 2 14 4 , 7 3 6 13 0 , 5 1 0 12 6 , 1 8 7 12 7 , 1 3 9 12 9 , 1 5 7 13 0 , 3 2 0 13 0 , 2 6 4 13 0 , 3 5 1 13 0 , 3 9 6 13 0 , 3 9 6 13 0 , 3 5 1 130,259 130,118 129,925 Ex p e n d i t u r e s Pr i o r Y e a r P r o j e c t s - C a r r y F o r w a r d - 1 4 3 , 8 0 0 - - - - - - - - - - - - - Ca p i t a l O u t l a y 19 , 4 6 6 18 5 , 4 9 5 24 1 , 5 0 0 34 6 , 7 0 0 71 , 8 0 0 11 , 8 0 0 62 , 7 0 0 13 3 , 5 0 0 12 5 , 3 0 0 12 7 , 8 0 6 13 0 , 3 6 2 13 2 , 9 6 9 13 5 , 6 2 9 138,341 141,108 143,930 To t a l 19 , 4 6 6 18 5 , 4 9 5 38 5 , 3 0 0 34 6 , 7 0 0 71 , 8 0 0 11 , 8 0 0 62 , 7 0 0 13 3 , 5 0 0 12 5 , 3 0 0 12 7 , 8 0 6 13 0 , 3 6 2 13 2 , 9 6 9 13 5 , 6 2 9 138,341 141,108 143,930 Ca s h B a l a n c e - B e g i n n i n g 25 0 , 3 8 4 37 2 , 8 3 8 52 4 , 5 7 6 28 4 , 0 1 2 67 , 8 2 2 12 2 , 2 0 9 23 7 , 5 4 8 30 4 , 0 0 5 30 0 , 8 2 5 30 5 , 7 8 9 30 8 , 3 3 4 30 8 , 3 6 8 30 5 , 7 9 5 300,518 292,436 281,445 Ch a n g e s i n A c c r u a l s ( 1 4 3 ) 9 8 , 8 3 1 - - - - - - - - - - - - - - Re v e n u e s 14 2 , 0 6 3 23 8 , 4 0 2 14 4 , 7 3 6 13 0 , 5 1 0 12 6 , 1 8 7 12 7 , 1 3 9 12 9 , 1 5 7 13 0 , 3 2 0 13 0 , 2 6 4 13 0 , 3 5 1 13 0 , 3 9 6 13 0 , 3 9 6 13 0 , 3 5 1 130,259 130,118 129,925 Ex p e n d i t u r e s (1 9 , 4 6 6 ) ( 1 8 5 , 4 9 5 ) (3 8 5 , 3 0 0 ) (3 4 6 , 7 0 0 ) (7 1 , 8 0 0 ) (1 1 , 8 0 0 ) (6 2 , 7 0 0 ) ( 1 3 3 , 5 0 0 ) (1 2 5 , 3 0 0 ) (1 2 7 , 8 0 6 ) (1 3 0 , 3 6 2 ) (1 3 2 , 9 6 9 ) (1 3 5 , 6 2 9 ) (138,341) (141,108) (143,930) Ca s h B a l a n c e - E n d i n g 37 2 , 8 3 8 $ 52 4 , 5 7 6 $ 28 4 , 0 1 2 $ 67 , 8 2 2 $ 12 2 , 2 0 9 $ 23 7 , 5 4 8 $ 30 4 , 0 0 5 $ 30 0 , 8 2 5 $ 30 5 , 7 8 9 $ 30 8 , 3 3 4 $ 30 8 , 3 6 8 $ 30 5 , 7 9 5 $ 30 0 , 5 1 8 $ 292,436 $ 281,445 $ 267,440 $ No t e s : 1) 2 0 2 0 - 2 0 2 4 p e r T e c h n o l o g y C a p i t a l P l a n , 2 0 2 4 - 2 0 3 2 i s t h e a v e r a g e o f 2 0 2 0 - 2 0 2 4 p l u s g e n e r a l i n f l a t i o n ( 2 % ) 2) P r i o r y e a r p r o j e c t s c a r r r i e d f o r w a r d t o 2 0 1 9 i n c l u d e 5 0 k f o r P o l i c e P a t r o l C o m p u t e r s , 2 5 , 8 0 0 f o r P u b l i c W o r k s M o b i l e C o m p u t e r s , a n d 1 8 K f o r w e b s i t e r e d e s i g n .  ‐  1 0 0 , 0 0 0  2 0 0 , 0 0 0  3 0 0 , 0 0 0  4 0 0 , 0 0 0  5 0 0 , 0 0 0  6 0 0 , 0 0 0 20 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 2 0 2 8 2 0 2 9 2 0 3 0 2 0 3 1 2 0 3 2 Te c h n o l o g y   F u n d   Ex p e n d i t u r e s Ca s h   B a l a n c e   ‐   E n d i n g 17 EARLE BROWN HERITAGE CENTER Page 1 2020-2035 CAPITAL IMPROVEMENT PLAN (revised June 3, 2019) Estimated Acquisition or Subtotals Acquisition Acquisition Useful Replacement Estimated and Capital Item Year Cost Life Year Cost Totals Elec. Reader Boards for Inside/Outside New 15 2012 $100,000.00 Phone System 1998 $32,000.00 10 2019 $40,000.00 Switches (3) 2013-2015 $21,000.00 6 2019 $25,000.00 Carriage Hall Rotunda Doors (4 sets) 1989 30 2019 $70,000.00 Tack/Morgan/Hall Carpet 2011 $27,000.00 8 2019 $32,000.00 Replace Harvest/Garden City Carpet 2013 $40,000.00 6 2019 $50,000.00 GC/Harvest Prefunction/Link Carpet 2012 $45,000.00 6 2019 $60,000.00 $277,000.00 Walkway to Hotel/Pond/Lighting New 25 2020 300,000.00$ Carriage Hall RTU (Pre #1)1989 25 2020 $100,000.00 Hippodrome Roof (EDPM)1990 $91,575.00 20 2020 $300,000.00 Facility Security System Server 2012 8 2020 $50,000.00 $750,000.00 Carriage Hall RTU (CH A #2)1989 25 2021 $100,000.00 Carriage Hall RTU (LL #4 & CH B #3)1989 25 2021 $200,000.00 Main Kitchen Dishwasher 2005 $75,000.00 15 2021 $95,000.00 Captains/Estate/Loft Carpet 2014 $18,000.00 7 2021 $50,000.00 Inn Carpet at Earle Brown House 2011 9 2021 $30,000.00 $475,000.00 Replace 2 Boilers Convention Center 2010 10 2022 $45,000.00 Air Handling Unit #5 and #6 1989 27 2022 $200,000.00 D Barn Remodel 2011 10 2022 $325,000.00 $570,000.00 Prefunction & Carriage Hall Carpet 2017 6 2023 $92,000.00 Replace Combi Oven (Rational)2010 $32,000.00 12 2023 $40,000.00 Stable Remodel 1989 2023 $200,000.00 $332,000.00 Carriage Hall Sound System 1990 35 2024 $150,000.00 Air Handling Unit #5 and #6 1989 27 2024 $73,000.00 Replace S. Carriage Hall Door/Windows 2009 15 2024 $45,000.00 $268,000.00 Replace Harvest Divider Walls 2000 25 2025 $50,000.00 Tack/Morgan/Hall Carpet 2019 $30,000.00 8 2025 $32,000.00 $82,000.00 Replace Harvest/GC/Link Carpet 2019 $30,000.00 7 2026 $30,000.00 $30,000.00 Parking Lot Mill and Overlay (East Lots) 2000 25 2027 $100,000.00 Replace Harvest/GC Carpet 2020 $40,000.00 7 2027 $50,000.00 $150,000.00 18 EARLE BROWN HERITAGE CENTER Page 2 2020-2035 CAPITAL IMPROVEMENT PLAN (revised June 3, 2019) Estimated Acquisition or Subtotals Acquisition Acquisition Useful Replacement Estimated and Capital Item Year Cost Life Year Cost Totals Prefunction Tile or Carpet Carriage Hall 2022 6 2028 $92,000.00 Rotunda Roof & CH Metal Work 1989 20 2028 $91,000.00 Main Large Marquee and Electronics 2018 10 2028 $100,000.00 HVAC EMS 2018 $15,500.00 10 2028 $49,300.00 Facility Security System Server 2020 8 2028 $50,000.00 Captain's/Estate/Loft Carpet 2021 $18,000.00 7 2028 $30,000.00 $412,300.00 Phone System 2019 $32,000.00 10 2029 $40,000.00 Inn Carpet 2020 9 2029 $30,000.00 Carriage Hall Carpet 2023 $50,000.00 6 2029 $50,000.00 $120,000.00 Replace Stable Roof 1990 20 2030 $28,000.00 Parking Lot Mill and Overlay (Main Lot) 2005 $70,000.00 25 2030 $100,000.00 Replace Chiller 1989 20 2030 $160,000.00 $288,000.00 Hippodrome Roof (EDPM)1990 $91,575.00 17 2031 $100,000.00 $100,000.00 Carriage Hall Wall Panels 1989 $72,000.00 20 2032 $99,000.00 $99,000.00 Replace 2 Steam Jacket Kettles 1989 20 2033 $30,000.00 Replace GC/Harvest/Link Carpet 2026 $30,000.00 7 2033 $30,000.00 $60,000.00 Replace Inn Roofs 1989 20 2034 $50,000.00 Replace D Barn Roof 2009 $24,000.00 20 2034 $25,000.00 Prefunction Tile or Carpet Carriage Hall 2028 6 2034 $92,000.00 Harvest /Garden City Carpet 2027 $40,000.00 7 2034 $40,000.00 $207,000.00 Main Kitchen Dishwasher 2005 $75,000.00 15 2035 $75,000.00 Tack/Morgan/Hall Carpet 2027 $30,000.00 8 2035 $30,000.00 Replace 2 Boilers (Inn)2015 $30,000.00 20 2035 $35,000.00 Replace Carriage Hall Carpet 2029 $50,000.00 6 2035 $50,000.00 Replace Combi Oven 2023 $14,165.00 12 2035 $40,000.00 Captain's/Estate/Loft carpet 2028 $30,000.00 7 2035 $30,000.00 $260,000.00 This report encompasses all anticipated capital expenditures (items exceeding $25,000) from 2020-2037. All dollar amounts are shown in 2019 dollars, with appropriate yearly increases projected where possible. 19 Ci t y o f B r o o k l y n C e n t e r EB H C C a p i t a l P r o j e c t s F u n d C a s h F l o w s A n a l y s i s Re v i s e d : 6 - 1 9 - 1 9 Ac t u a l A c t u a l P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c te d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d 20 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 2 0 2 8 2 0 2 9 2 0 3 0 2 0 3 1 2 0 3 2 2 0 3 3 2 0 3 4 2 0 3 4 Re v e n u e s Tr a n s f e r s 50 0 , 0 0 0 $ 32 5 , 0 0 0 $ 35 0 , 0 0 0 $ 31 8 , 0 0 0 $ 31 8 , 0 0 0 $ 31 8 , 0 0 0 $ 31 8 , 0 0 0 $ 31 8 , 0 0 0 $ 31 8 , 0 0 0 $ 31 8 , 0 0 0 $ 31 8 , 0 0 0 $ 31 8 , 0 0 0 $ 31 8 , 0 0 0 $ 31 8 , 0 0 0 $ 31 8 , 0 0 0 $ 318,000 $ 318,000 $ 318,000 $ 318,000 $ In v e s t m e n t E a r n i n g s 7, 3 9 7 17 , 8 1 6 15 , 7 8 0 19 , 0 1 0 19 , 0 1 0 10 , 1 7 4 5, 9 4 2 5, 8 0 1 6, 7 7 7 11 , 0 2 6 16 , 2 5 9 19 , 4 8 3 18 , 1 7 4 21 , 9 5 7 22 , 8 6 6 27,082 31,388 31,388 33,880 To t a l 50 7 , 3 9 7 34 2 , 8 1 6 36 5 , 7 8 0 33 7 , 0 1 0 33 7 , 0 1 0 32 8 , 1 7 4 32 3 , 9 4 2 32 3 , 8 0 1 32 4 , 7 7 7 32 9 , 0 2 6 33 4 , 2 5 9 33 7 , 4 8 3 33 6 , 1 7 4 33 9 , 9 5 7 34 0 , 8 6 6 345,082 349,388 349,388 351,880 Ex p e n d i t u r e s Ca p i t a l O u t l a y 30 6 , 2 2 4 35 0 , 9 3 7 50 5 , 0 0 0 75 0 , 0 0 0 47 5 , 0 0 0 57 0 , 0 0 0 33 2 , 0 0 0 26 8 , 0 0 0 82 , 0 0 0 30 , 0 0 0 15 0 , 0 0 0 41 2 , 3 0 0 12 0 , 0 0 0 28 8 , 0 0 0 10 0 , 0 0 0 99,000 60,000 207,000 260,000 To t a l 30 6 , 2 2 4 35 0 , 9 3 7 50 5 , 0 0 0 75 0 , 0 0 0 47 5 , 0 0 0 57 0 , 0 0 0 33 2 , 0 0 0 26 8 , 0 0 0 82 , 0 0 0 30 , 0 0 0 15 0 , 0 0 0 41 2 , 3 0 0 12 0 , 0 0 0 28 8 , 0 0 0 10 0 , 0 0 0 99,000 60,000 207,000 260,000 Ca s h B a l a n ce - B e g i n n i n g 1, 0 7 8 , 5 1 1 1, 2 7 9 , 6 8 4 1, 2 7 1 , 5 6 3 1, 1 3 2 , 3 4 3 71 9 , 3 5 3 58 1 , 3 6 3 33 9 , 5 3 7 33 1 , 4 7 8 38 7 , 2 7 9 63 0 , 0 5 7 92 9 , 0 8 3 1, 1 1 3 , 3 4 2 1, 0 3 8 , 5 2 5 1, 2 5 4 , 6 9 9 1, 3 0 6 , 6 5 7 1,547,523 1,793,605 1,793,605 1,935,993 Re v e n u e s 50 7 , 3 9 7 34 2 , 8 1 6 36 5 , 7 8 0 33 7 , 0 1 0 33 7 , 0 1 0 32 8 , 1 7 4 32 3 , 9 4 2 32 3 , 8 0 1 32 4 , 7 7 7 32 9 , 0 2 6 33 4 , 2 5 9 33 7 , 4 8 3 33 6 , 1 7 4 33 9 , 9 5 7 34 0 , 8 6 6 345,082 349,388 349,388 351,880 Ex p e n d i t u r e s (3 0 6 , 2 2 4 ) (3 5 0 , 9 3 7 ) (5 0 5 , 0 0 0 ) (7 5 0 , 0 0 0 ) (4 7 5 , 0 0 0 ) (5 7 0 , 0 0 0 ) (3 3 2 , 0 0 0 ) (2 6 8 , 0 0 0 ) (8 2 , 0 0 0 ) (3 0 , 0 0 0 ) (1 5 0 , 0 0 0 ) (4 1 2 , 3 0 0 ) (1 2 0 , 0 0 0 ) (2 8 8 , 0 0 0 ) (1 0 0 , 0 0 0 ) (99,000) (60,000) (207,000) (260,000) Ca s h B a l a n c e - E n d i n g 1 , 2 7 9 , 6 8 4 $ 1, 2 7 1 , 5 6 3 $ 1, 1 3 2 , 3 4 3 $ 71 9 , 3 5 3 $ 58 1 , 3 6 3 $ 33 9 , 5 3 7 $ 33 1 , 4 7 8 $ 38 7 , 2 7 9 $ 63 0 , 0 5 7 $ 92 9 , 0 8 3 $ 1, 1 1 3 , 3 4 2 $ 1, 0 3 8 , 5 2 5 $ 1, 2 5 4 , 6 9 9 $ 1, 3 0 6 , 6 5 7 $ 1, 5 4 7 , 5 2 3 $ 1,793,605 $ 2,082,993 $ 1,935,993 $ 2,027,873 $ No t e s : 1) T h e 2 0 1 9 P r o j e c t i o n i n c l u d e s t h e c a r r y - f o r w a r d o f E l e c t r o n i c B o a r d R e a d e r s ( $ 1 0 0 , 0 0 0 ) a n d B a n q u e t C h a i r s ( $ 8 5 , 0 0 0 ) . B o o k i n g s o f t w a r e o f $ 4 3 , 0 0 0 a l s o a d d e d t o t h e 2 0 1 9 p r o j e c t i o n . 2) T h e 2 0 2 0 P r o j e c t i o n i n c l u d e s a c t u a l p r o p o s e d t r a n s f e r , f u t u r e y e a r s b a s e d o n 5 - y e a r h i s t o r i c a l a v e r a g e  ‐  2 0 0 , 0 0 0  4 0 0 , 0 0 0  6 0 0 , 0 0 0  8 0 0 , 0 0 0  1 , 0 0 0 , 0 0 0  1 , 2 0 0 , 0 0 0  1 , 4 0 0 , 0 0 0  1 , 6 0 0 , 0 0 0  1 , 8 0 0 , 0 0 0 20 1 7 20 1 8 20 1 9 20 2 0 20 2 1 20 2 2 20 2 3 20 2 4 20 2 5 20 2 6 20 2 7 20 2 8 2029 2030 2031 Ex p e n d i t u r e s Ca s h   B a l a n c e   ‐   E n d i n g Ea r l e B r o w n   H e r i t a g e   C e n t e r   ‐ C a p i t a l   F u n d 20 BC Liquor Page 1 2020-2034 CIP (revised July 1, 2019) Acquisition or Subtotals Replacement Estimated and Capital Item Year Cost Totals Business Site/Location Feasibility Analysis -2023 $2,850,000 Implementation of Results (Store #2 Property Acquisition/Building Construction) 2023 $2,850,000 This report encompasses all anticipated capital expenditures (items exceeding $25,000) from 2020-2034. 21 Ca p i t a l I m p r o v e m e n t P l a n 2 0 2 0 – 20 3 4 20 2 0 C a p i t a l P r o j e c t B u d g e t s Oc t o b e r 8 , 2 0 1 8 Re v i e w Ci t y   C o u n c i l / F i n a n c i a l   C o m m i s s i o n   J o i n t   W o r k   S e s s i o n ,   J u l y   1 5 ,   2019 Na t e   R e i n h a r d t ,   F i n a n c e   D i r e c t o r 22 Ag e n d a • In t r o d u c t i o n • Ca p i t a l   I m p r o v e m e n t   P l a n • In d i v i d u a l   C a p i t a l   P r o j e c t   F u n d s • Ca p i t a l   I m p r o v e m e n t s   F u n d • Mu n i c i p a l   S t a t e   A i d   F u n d • St r e e t   R e c o n s t r u c t i o n   F u n d • In f r a s t r u c t u r e   F u n d • Ut i l i t y   F u n d s   ( W a t e r ,   S e w e r ,   S t o r m ,   S t r e e t   L i g h t ) • Te c h n o l o g y   C a p i t a l   F u n d • EB H C   C a p i t a l   F u n d • BC   L i q u o r   C a p i t a l   F u n d 2 23 In t r o d u c t i o n • Ca p i t a l   I m p r o v e m e n t   P l a n   ( C I P ) • No n ‐ b i n d i n g   d o c u m e n t   o f   f u t u r e   i n t e n t   o f   C i t y   c a p i t a l   p r o j e c t s   ov e r   t h e   n e x t   15   y e a r s • By   d e s i g n ,   t h e   C I P   i s   f l u i d   b e c a u s e   f u t u r e   p r i o r i t i e s   c a n   c h a n g e  d r a m a t i c a l l y   ba s e d   o n   c u r r e n t   c i r c u m s t a n c e s   • De v e l o p e d   b y   p r i o r i t i z i n g   a   l i s t   o f   c a p i t a l   p r o j e c t s   b a s e d   o n   a n t i c i p a t e d   y e a r   ne e d e d   a n d   b a s e d   o n   a n t i c i p a t e d   f u n d i n g   o p p o r t u n i t i e s • 20 2 0   p r o j e c t s   w i l l   b e   i n c o r p o r a t e d   i n   t h e   r e q u e s t e d   2 0 2 0   b u d g e t 3 24 In t r o d u c t i o n • Ca p i t a l   I m p r o v e m e n t   P l a n   ( C I P ) • Pu b l i c   U t i l i t i e s • St r e e t   I m p r o v e m e n t s • Pa r k   &   T r a i l   I m p r o v e m e n t s • Ca p i t a l   M a i n t e n a n c e   B u i l d i n g   P r o g r a m   ( C M B P ) • Va r i o u s   F u n d i n g   S o u r c e s • Ut i l i t y   f e e s ,   s p e c i a l   a s s e s s m e n t s ,   f r a n c h i s e   f e e s ,   s t a t e   a i d ,   l iq u o r   o p e r a t i o n s ,   et c . • Te c h n o l o g y ,   B C   L i q u o r   &   E B H C   C a p i t a l   P l a n s 4 25 20 2 0 – 2 0 2 1 C a p i t a l I m p r o v e m e n t P l a n 5 26 CI P – R e v i s i o n s f o r 2 0 2 0 6 Pr o j e c t 20 1 8 P l a n   f o r   2 0 2 0 2 0 1 9 P l a n   f o r   2 0 2 0 Notes Gr a n d v i e w   P a r k   A r e a   N o r t h   I m p r o v e m e n t s $1 2 , 3 1 0 , 0 0 0 $ 6 , 6 3 0 , 0 0 0 S p l i t p r o j e c t   i n t o   2   y e a r s   ( 2 0 2 0 ‐ 2 1 ) Hu m b o l d t   A v e   ( C R 5 7 )   r e c o n s t r u c t i o n   ( 5 3 rd to   5 7 th ) $2 , 0 7 0 , 0 0 0 $  ‐ M o v e d   t o 2 0 2 1 Lo g a n / L i l a c / 5 9 th Av e n u e   R e c o n s t r u c t i o n $2 , 1 2 0 , 0 0 0 $ ‐ I n c l u d e d   w / G r a n d v i e w   S o u t h   I m p . in 2021 Mi s c e l l a n e o u s R e t a i n i n g   W a l l   R e p l a c e m e n t s $3 6 4 , 0 0 0 $3 7 3 , 0 0 0 I n c r e a s e  o f   $ 1 3 , 0 0 0 Br o o k l y n B o u l e v a r d   C i t y   E n t r a n c e   S i g n   R e h a b $5 3 , 0 0 0 $8 8 , 0 0 0 I n c r e a s e o f   $ 3 5 , 0 0 0 Pa r k P l a y g r o u n d   E q u i p m e n t R e p l a c e m e n t $5 0 1 , 0 0 0 $5 0 4 , 0 0 0 I n c r e a s e o f   $ 3,000 Li f t   S t a t i o n   N o . 8   R e h a b i l i t a t i o n   $2 5 8 , 0 0 0 $ ‐ M o v e d t o   2 0 2 1 Wa t e r   T o w e r   # 1   P a i n t i n g $9 5 0 , 0 0 0 $ 1 , 0 2 0 , 0 0 0 I n c r e a s e   o f   $ 7 0 , 0 0 0 We l l   N o .   5   R e h a b i l i t a t i o n $7 4 , 0 0 0 $1 2 4 , 0 0 0 I n c r e a s e   o f   $ 5 0 , 0 0 0 St o r m W a t e r   P o n d   4 0 ‐ 0 0 1   R e h a b   $2 5 8 , 0 0 0 $2 6 0 , 0 0 0 I n c r e a s e   o f   $ 2 , 0 0 0 Li f t   S t a t i o n   N o .   6   R e h a b i l i t a t i o n $  ‐ $6 3 3 , 0 0 0 P r e v i o u s 2 0 2 6 Sh i n g l e   C r e e k   P a r k w a y   B r i d g e R e h a b   ( 2   b r i d g e s ) $  ‐ $2 4 0 , 0 0 0 N e w ,   2 0 19   b r i d g e   p r o j e c t   s p l i t   i n   2   p r o j e c t s Ba s s L a k e   R d   @   X e r x e s   A v e .   T r a f f i c   S i g n a l   A D A   U p g r a d e s $  ‐ $6 0 , 0 0 0 Ne w   J o i n t   P r o j e c t   w i t h   H e n n e p i n Sh i n g l e   C r e e k P h a s e   2   ( C r e e k   S t a b i l i z a t i o n   P r o j e c t ) $  ‐ $4 0 6 , 0 0 0 M o ve d   f r o m   2 0 1 9   ( 7 5 %   w a t e r s h e d f u n d e d ) Br i n e   E q u i p m e n t   P r o j e c t $  ‐ $1 2 5 , 0 0 0 N e w   ( $ 5 0 K   p a i d f r o m   w a t e r s h e d   grant) CM B P ‐ P W   C a r p e t   &   P a i n t $  ‐ $6 0 , 0 0 0 N e w   ( m o v e d   f r o m   o p e r a t i n g   f u n d ) CM B P   – C H ,   C C ,   F i r e ,   P o l i c e   E x p a n s io n   J o i n t   C a u l k i n g $  ‐ $7 6 , 8 0 0 N e w   ( m o v e d   f r o m   o p e r a t i n g   f u n d ) CM B P – C o m m u n i t y   D e v e l o p m e n t   O f f i c e   R e m o d e l $  ‐ $2 3 0 , 0 0 0 N e w   27 20 1 9 – 2 0 3 3 C a p i t a l I m p r o v e m e n t P l a n C h a n g e s 7 Ye a r Ve r s i o n 2 0 1 8 . 0 V e r s i o n 2 0 1 9 . 0 C h a n g e 20 2 0 $1 8 , 9 5 8 , 0 0 0 $ 1 0 , 8 2 9 , 8 0 0 ($ 8 , 1 2 8 , 2 0 0 ) 20 2 1 20 , 7 5 4 , 0 0 0 3 5 , 7 5 0 , 9 0 0 14 , 9 9 6 , 9 0 0 20 2 2 45 , 3 3 9 , 0 0 0 1 2 , 0 7 1 , 3 0 0 (3 3 , 2 6 7 , 7 0 0 ) 20 2 3 6, 8 5 2 , 0 0 0 4 2 , 5 3 9 , 4 0 0 35 , 6 8 7 , 4 0 0 20 2 4 12 , 1 7 6 , 0 0 0 1 3 , 4 0 3 , 6 0 0 1, 2 2 7 , 6 0 0 20 2 5 12 , 1 2 5 , 0 0 0 1 4 , 8 1 6 , 2 0 0 2, 6 9 1 , 2 0 0 20 2 6 6, 0 6 3 , 0 0 0 7 , 2 4 2 , 6 0 0 1, 1 7 9 , 6 0 0 20 2 7 4, 2 1 6 , 0 0 0 5 , 0 4 5 , 1 0 0 82 9 , 1 0 0 20 2 8 5, 2 8 5 , 0 0 0 1 0 , 2 3 4 , 5 0 0 4, 9 4 9 , 5 0 0 20 2 9 7, 9 5 2 , 0 0 0 8 , 8 2 7 , 5 0 0 87 5 , 5 0 0 20 3 0 9, 5 0 7 , 0 0 0 1 0 , 0 5 1 , 4 0 0 54 4 , 4 0 0 20 3 1 6, 1 4 5 , 0 0 0 6 , 6 2 3 , 6 0 0 47 8 , 6 0 0 20 3 2 4, 6 5 6 , 0 0 0 6 , 4 7 4 , 9 0 0 1, 8 1 8 , 9 0 0 20 3 3 4, 3 3 1 , 5 0 0 4 , 6 9 4 , 4 0 0 36 2 , 9 0 0 20 3 4 ‐ 4 , 0 5 1 , 5 0 0 28 20 2 0 C a p i t a l I m p r o v e m e n t s F u n d 8 De s c r i p t i o n Co s t Mi s c e l l a n e o u s R e t a i n i n g   W a l l   R e p l a c e m e n t s $3 7 3 , 0 0 0 Br o o k l y n B o u l e v a r d   C i t y   E n tr a n c e   S i g n   R e h a b 88 , 0 0 0 Pa r k P l a y g r o u n d   E q u i p m e n t R e p l a c e m e n t 50 4 , 0 0 0 CM B P ‐ P W   C a r p e t   &   P a i n t 60 , 0 0 0 CM B P   – C H ,   C C ,   F i r e ,   P o l i c e   E x p a n s i o n   J o i n t   C a u l k i n g 76 , 8 0 0 CM B P – C o m m u n i t y   D e v e l o p m e n t   O f f i c e   R e m o d e l 23 0 , 0 0 0 20 2 0   T o t a l   C o s t $ 1 , 3 3 1 , 8 0 0 29 Ca p i t a l I m p r o v e m e n t s F u n d i n g P o l i c y • Ge n e r a l   F u n d   t r a n s f e r   o f   a u d i t e d   y e a r ‐ e n d   u n a s s i g n e d   f u n d   b a l a n ce  ab o v e   5 2 %   o f   n e x t   y e a r ’ s   G e n e r a l   F u n d   o p e r a t i n g   b u d g e t • Li q u o r   o p e r a t i o n s   t r a n s f e r   o f   a u d i t e d   y e a r ‐ e n d   L i q u o r   F u n d   un r e s t r i c t e d   c a s h   b a l a n c e   t h a n   e x c e e d s   2 m o n t h s   o f   n e x t   y e a r ’ s   op e r a t i n g   b u d g e t   a n d   o n e   y e a r   o f   b u d g e t e d   c a p i t a l   i m p r o v e m e n t   ne e d s   ( m o d i f i e d   f r o m   3 . 5   m o n t h s   o n   J u l y   8 ,   2 0 1 9 ) • Lo c a l   G o v e r n m e n t   A i d   ( L G A )   r e c e i v e d   i n   t h e   a m o u n t   o f   $ 6 5 0 , 0 0 0   o r  ha l f   o f   t h e   a m o u n t   r e c e i v e d   b y   t h e   C i t y   ( w h i c h e v e r   i s   g r e a t e r ) • Ot h e r   o u t s i d e   s o u r c e s   o f   r e v e n u e s   ( i . e .   g r a n t   f u n d s ) 9 30 Fu n d i n g S o u r c e s ( L a s t 5 Y e a r s ) 10 $7 4 7 , 0 7 6   $7 6 7 , 0 6 3   $7 7 5 , 8 8 7   $8 8 4 , 4 6 0   $1,059,416  $9 0 8 , 7 6 1   $8 0 4 , 8 1 5   $7 1 5 , 5 4 4   $1 4 9 , 6 3 0   $‐ $2 1 6 , 4 5 5 $1 3 8 , 9 3 5 $1 1 2 , 8 9 8 $1 8 5 , 7 0 7 $325,487  ‐  2 0 0 , 0 0 0  4 0 0 , 0 0 0  6 0 0 , 0 0 0  8 0 0 , 0 0 0  1 , 0 0 0 , 0 0 0  1 , 2 0 0 , 0 0 0 20 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 Lo c a l   G o v e r n m e n t   A i d Ge n e r a l   F u n d   T r a n s f e r Li q u o r   F u n d   T r a n s f e r 31 Ca p i t a l I m p r o v e m e n t s F u n d – C a s h F l o w A n a l y s i s 11 A c t u a l P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 R e v e n u e s P r o p e r t y T a x e s 1 , 1 4 8 $ - $ - $ - $ - $ - $ - $ In t e r g o v e r n m e n t a l ( L G A ) 8 8 4 , 4 6 0 1 , 0 5 9 , 4 1 6 1 , 0 5 9 , 4 1 6 1 , 0 5 9 , 4 1 6 1 , 0 5 9 , 4 1 6 1 , 0 5 9 , 4 1 6 1,059,416 In v e s t m e n t E a r n i n g s 2 3 , 4 0 7 4 0 , 9 4 6 1 7 , 5 2 0 1 7 , 5 2 0 1 7 , 7 1 3 - - M i s c e l l a n e o u s 3 9 6 , 2 8 2 - - - - - - TH 2 5 2 E x t e r n a l F u n d i n g E s t . - - - - - 2 9 , 5 0 0 , 0 0 0 - E x t e r n a l F u n d i n g S o u r c e s 2 , 1 4 4 , 8 7 8 9 , 5 9 4 , 8 8 0 - 1 1 , 4 6 6 , 0 0 0 - - - B o n d P r o c e e d s - - - 1 , 9 3 3 , 0 0 0 - 5 , 5 0 0 , 0 0 0 - D e b t S e r v i c e T a x L e v y - - - - 2 2 3 , 7 2 5 8 6 0 , 2 9 3 860,293 Tr a n s f e r s ( G e n e r a l ) 1 4 9 , 6 3 0 - - - - - - T r a n s f e r s ( L i q u o r ) 1 8 5 , 7 0 7 3 2 5 , 4 8 7 2 0 0 , 0 0 0 1 7 5 , 0 0 0 1 7 5 , 0 0 0 1 7 5 , 0 0 0 175,000 To t a l 3 , 7 8 5 , 5 1 2 1 1 , 0 2 0 , 7 2 9 1 , 2 7 6 , 9 3 6 1 4 , 6 5 0 , 9 3 6 1 , 4 7 5 , 8 5 4 3 7 , 0 9 4 , 7 0 9 2,094,709 E x p e n d i t u r e s O t h e r S e r v i c e s & C h a r g e s - - - - - - - C a p i t a l O u t l a y 3 , 9 8 6 , 5 3 2 1 1 , 7 7 7 , 0 6 8 1 , 3 3 1 , 8 0 0 1 4 , 8 7 0 , 9 0 0 2 , 4 2 0 , 3 0 0 3 7 , 3 5 8 , 4 0 0 963,600 D e b t S e r v i c e P r o j e c t e d - - - - 2 2 3 , 7 2 5 8 6 0 , 2 9 3 860,293 To t a l 3 , 9 8 6 , 5 3 2 1 1 , 7 7 7 , 0 6 8 1 , 3 3 1 , 8 0 0 1 4 , 8 7 0 , 9 0 0 2 , 6 4 4 , 0 2 5 3 8 , 2 1 8 , 6 9 3 1,823,893 C a s h B a l a n c e - B e g i n n i n g 2 , 4 1 9 , 6 6 8 2 6 , 6 0 3 1 , 2 8 7 , 0 2 1 1 , 2 3 2 , 1 5 7 1 , 0 1 2 , 1 9 3 (1 5 5 , 9 7 8 ) (1,279,962) C h a n g e s i n A c c r u a l s ( 2 , 1 9 2 , 0 4 5 ) 2 , 0 1 6 , 7 5 7 R e v e n u e s 3 , 7 8 5 , 5 1 2 1 1 , 0 2 0 , 7 2 9 1 , 2 7 6 , 9 3 6 1 4 , 6 5 0 , 9 3 6 1 , 4 7 5 , 8 5 4 3 7 , 0 9 4 , 7 0 9 2,094,709 E x p e n d i t u r e s ( 3 , 9 8 6 , 5 3 2 ) (1 1 , 7 7 7 , 0 6 8 ) ( 1 , 3 3 1 , 8 0 0 ) (1 4 , 8 7 0 , 9 0 0 ) (2 , 6 4 4 , 0 2 5 ) ( 3 8 , 2 1 8 , 6 9 3 ) (1,823,893) C a s h B a l a n c e - E n d i n g 2 6 , 6 0 3 $ 1 , 2 8 7 , 0 2 1 $ 1 , 2 3 2 , 1 5 7 $ 1 , 0 1 2 , 1 9 3 $ ( 1 5 5 , 9 7 8 ) $ (1 , 2 7 9 , 9 6 2 ) $ (1,009,146) $ 32 20 2 0 M u n i c i p a l S t a t e A i d ( M S A ) F u n d 12 De s c r i p t i o n Co s t Ba s s L a k e   R d   @   X e r x e s   A v e .   T r a f fi c   S i g n a l   A D A   U p g r a d e s $ 6 0 , 0 0 0   ( a ) 20 2 0   T o t a l   C o s t $6 0 , 0 0 0 (a ) H e n n e p i n   C o u n t y   f u n d i n g   e s t i m a t e d   a t   5 0 %   ( $ 3 0 k )   a n d   5 0 %   C i t y  M S A   ( $ 3 0 k ) 33 MS A F u n d – C a s h F l o w A n a l y s i s 13 Ac t u a l P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d 20 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 Re v e n u e s In t e r g o v e r n m e n t a l ( M a i n t e n a n c e ) 1 6 0 , 0 0 0 $ 16 0 , 0 0 0 $ 17 0 , 0 0 0 $ 17 5 , 0 0 0 $ 18 0 , 0 0 0 $ 18 5 , 0 0 0 $ 190,000 $ In t e r g o v e r n m e n t a l ( C o n s t r u c t i o n ) 1 , 0 3 5 , 1 9 6 - - 5 0 0 , 0 0 0 1, 0 4 3 , 5 9 4 1, 0 3 8 , 5 9 4 1,033,594 In t e r g o v e r n m e n t a l - - 3 0 , 0 0 0 - - - - In v e s t m e n t E a r n i n g s 48 , 0 0 9 46 , 8 6 4 51 , 3 5 9 51 , 3 5 9 74 7 16 , 0 4 8 14,729 To t a l 1, 2 4 3 , 2 0 5 20 6 , 8 6 4 25 1 , 3 5 9 72 6 , 3 5 9 1, 2 2 4 , 3 4 1 1, 2 3 9 , 6 4 2 1,238,323 Ex p e n d i t u r e s Su p p l i e s 56 , 6 7 5 64 , 0 0 0 68 , 0 0 0 70 , 0 0 0 72 , 0 0 0 74 , 0 0 0 76,000 Ot h e r S e r v i c e s & C h a r g e s 44 , 6 1 9 96 , 0 0 0 10 2 , 0 0 0 10 5 , 0 0 0 10 8 , 0 0 0 11 1 , 0 0 0 114,000 Ca p i t a l O u t l a y 47 1 , 1 0 0 66 2 , 5 4 1 60 , 0 0 0 2, 9 6 2 , 0 0 0 17 0 , 0 0 0 1, 1 3 0 , 0 0 0 410,000 To t a l 57 2 , 3 9 4 82 2 , 5 4 1 23 0 , 0 0 0 3, 1 3 7 , 0 0 0 35 0 , 0 0 0 1, 3 1 5 , 0 0 0 600,000 Ca s h B a l a n c e - B e g i n n i n g 2, 4 1 9 , 6 6 8 3, 0 4 7 , 6 3 2 2, 4 3 1 , 9 5 5 2, 4 5 3 , 3 1 4 42 , 6 7 3 91 7 , 0 1 4 841,656 Ch a n g e s i n A c c r u a l s (4 2 , 8 4 7 ) Re v e n u e s 1, 2 4 3 , 2 0 5 20 6 , 8 6 4 25 1 , 3 5 9 72 6 , 3 5 9 1, 2 2 4 , 3 4 1 1, 2 3 9 , 6 4 2 1,238,323 Ex p e n d i t u r e s (5 7 2 , 3 9 4 ) (8 2 2 , 5 4 1 ) (2 3 0 , 0 0 0 ) (3 , 1 3 7 , 0 0 0 ) (3 5 0 , 0 0 0 ) (1 , 3 1 5 , 0 0 0 ) (600,000) Ca s h B a l a n c e - E n d i n g 3, 0 4 7 , 6 3 2 $ 2, 4 3 1 , 9 5 5 $ 2, 4 5 3 , 3 1 4 $ 42 , 6 7 3 $ 91 7 , 0 1 4 $ 84 1 , 6 5 6 $ 1,479,979 $ 34 20 2 0 S t r e e t R e c o n s t r u c t i o n F u n d 14 De s c r i p t i o n Co s t Gr a n d v i e w   P a r k   A r e a   N o r t h   I m p r o v e m e n t s $2 , 1 1 0 , 0 0 0 Sh i n g l e   C r e e k   P a r k w a y   B r i d g e R e h a b   ( 2   b r i d g e s ) $2 4 0 , 0 0 0 20 2 0   T o t a l   C o s t $ 2 , 3 5 0 , 0 0 0 35 St r e e t R e c o n s t r u c t i o n F u n d – C a s h F l o w A n a l y s i s 15 A c t u a l P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d 20 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 Re v e n u e s Fr a n c h i s e F e e s 7 0 5 , 6 0 8 $ 68 9 , 0 0 0 $ 71 0 , 0 0 0 $ 71 0 , 0 0 0 $ 71 0 , 0 0 0 $ 73 1 , 0 0 0 $ 731,000 $ In v e s t m e n t E a r n i n g s 82 , 5 5 6 71 , 4 9 5 95 , 0 5 8 95 , 0 5 8 15 , 7 4 9 27 , 7 4 9 30,527 Fu t u r e B o n d s - L e v i e s - - 8 2 , 1 4 4 31 2 , 5 5 2 66 9 , 4 7 7 89 6 , 3 9 3 893,920 Bo n d P r o c e e d s 2, 1 3 7 , 5 8 0 1, 7 0 0 , 0 0 0 2, 00 0 , 0 0 0 2, 0 0 0 , 0 0 0 1, 9 1 0 , 0 0 0 - 2 , 850,000 To t a l 2, 9 2 5 , 7 4 4 2, 4 6 0 , 4 9 5 2, 88 7 , 2 0 2 3, 1 1 7 , 6 1 0 3, 3 0 5 , 2 2 6 1, 65 5 , 1 4 2 4,505,447 Ex p e n d i t u r e s Ca p i t a l O u t l a y 2, 7 4 0 , 7 2 1 5, 3 5 9 , 5 6 4 2, 35 0 , 0 0 0 4, 5 4 3 , 0 0 0 1, 9 5 0 , 0 0 0 60 0 , 0 0 0 2,850,000 De b t S e r v i c e ( P r o j e c t e d ) - - 8 2 , 1 4 4 31 2 , 5 5 2 66 9 , 4 7 7 89 6 , 3 9 3 893,920 Bo n d I s s u e C o s t s 33 , 0 6 4 30 , 0 0 0 - - - - - To t a l 2, 7 7 3 , 7 8 5 5, 3 8 9 , 5 6 4 2, 43 2 , 1 4 4 4, 8 5 5 , 5 5 2 2, 6 1 9 , 4 7 7 1, 49 6 , 3 9 3 3,743,920 Ca s h B a l a n c e - B e g i n n i n g 4, 8 8 6 , 4 7 2 5, 1 1 1 , 8 8 1 2, 18 2 , 8 1 2 2, 6 3 7 , 8 7 0 89 9 , 9 2 8 1, 58 5 , 6 7 6 1 ,744,426 Ch a n g e s i n A c c r u a l s 73 , 4 5 0 - - - - - - Re v e n u e s 2, 9 2 5 , 7 4 4 2, 4 6 0 , 4 9 5 2, 88 7 , 2 0 2 3, 1 1 7 , 6 1 0 3, 3 0 5 , 2 2 6 1, 65 5 , 1 4 2 4,505,447 Ex p e n d i t u r e s (2 , 7 7 3 , 7 8 5 ) (5 , 3 8 9 , 56 4 ) (2 , 43 2 , 1 4 4 ) (4 , 8 5 5 , 5 5 2 ) (2 , 6 1 9 , 47 7 ) (1 , 49 6 , 3 9 3 ) (3,743,920) Ca s h B a l a n c e - E n d i n g 5, 1 1 1 , 8 8 1 $ 2, 1 8 2 , 8 1 2 $ 2, 63 7 , 8 7 0 $ 89 9 , 9 2 8 $ 1, 5 8 5 , 6 7 6 $ 1, 7 4 4 , 4 2 6 $ 2,505,953 $ 36 20 2 0 S p e c i a l A s s e s s m e n t s F u n d 16 De s c r i p t i o n Co s t Gr a n d v i e w   P a r k   A r e a   N o r t h   I m p r o v e m e n t s $1 , 0 4 0 , 0 0 0 20 2 0   T o t a l   C o s t $ 1 , 0 4 0 , 0 0 0 37 Sp e c i a l A s s e s s m e n t s F u n d – C a s h F l o w A n a l y s i s 17 A c t u a l P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 R e v e n u e s S p e c i a l A s s e s s m e n t s 6 0 1 , 0 9 2 $ - $ - $ - $ - $ - $ - $ S p e c i a l A s s e s s m e n t s ( P r o j e c t e d E x i s t i n g ) - 6 5 7 , 3 5 7 50 4 , 2 2 9 40 5 , 6 6 4 38 7 , 5 2 9 36 9 , 5 3 4 353,428 S p e c i a l A s s e s s m e n t s ( P r o j e c t e d P r e p a i d s ) - 2 3 4 , 9 1 9 26 0 , 0 0 0 53 5 , 0 0 0 40 2 , 5 0 0 17 2 , 5 0 0 695,000 S p e c i a l A s s e s s m e n t s ( P r o j e c t e d N e w ) - - 1 7 3 , 0 7 1 45 0 , 5 7 6 49 5 , 3 1 1 65 0 , 7 4 6 682,671 C h a r g e s f o r S e r v i c e s 8 7 0 - - - - - - In v e s t m e n t E a r n i n g s 4, 6 9 2 - - - - - - M i s c e l l a n e o u s 2 8 , 0 3 0 - - - - - - B o n d P r o c e e d s 1, 9 9 5 , 2 2 6 2, 3 5 0 , 0 0 0 - - - - 2 , 4 5 0 , 0 0 0 Tr a n s f e r s I n 3 6 , 6 7 8 - - - - - - To t a l 2, 6 6 6 , 5 8 8 3, 2 4 2 , 2 7 6 93 7 , 3 0 0 1, 3 9 1 , 2 4 0 1, 2 8 5 , 3 4 0 1, 1 9 2 , 7 8 0 4 , 1 8 1 , 0 9 9 Ex p e n d i t u r e s O t h e r S e r v i c e s & C h a r g e s - - - - - - - C a p i t a l O u t l a y 1 , 7 3 3 , 6 6 9 2, 9 9 5 , 4 0 8 1, 0 4 0 , 0 0 0 2, 1 4 0 , 0 0 0 1, 6 1 0 , 0 0 0 69 0 , 0 0 0 2,780,000 D e b t S e r v i c e ( P r o j e c t e d ) - - 3 4 4 , 6 6 7 31 9 , 6 0 0 31 0 , 2 0 0 30 0 , 8 0 0 291,400 B o n d I s s u a n c e C o s t s - - - - - - - To t a l 1, 7 3 3 , 6 6 9 2, 9 9 5 , 4 0 8 1, 3 8 4 , 6 6 7 2, 4 5 9 , 6 0 0 1, 9 2 0 , 2 0 0 99 0 , 8 0 0 3,071,400 Ca s h B a l a n c e - B e g i n n i n g 1 , 0 0 8 , 8 1 7 2, 1 0 2 , 8 5 2 2, 3 4 9 , 7 2 0 1, 9 0 2 , 3 5 3 8 3 3 , 9 9 3 19 9 , 1 3 3 401,113 C h a n g e s i n A c c r u a l s 1 6 1 , 1 1 6 - - - - - - R e v e n u e s 2 , 6 6 6 , 5 8 8 3, 2 4 2 , 2 7 6 93 7 , 3 0 0 1, 3 9 1 , 2 4 0 1, 2 8 5 , 3 4 0 1, 1 9 2 , 7 8 0 4 , 1 8 1 , 0 9 9 E x p e n d i t u r e s (1 , 7 3 3 , 6 6 9 ) (2 , 9 9 5 , 4 0 8 ) (1 , 3 8 4 , 6 6 7 ) (2 , 4 5 9 , 6 0 0 ) (1 , 9 2 0 , 2 0 0 ) (9 9 0 , 8 0 0 ) (3 , 0 7 1 , 4 0 0 ) C a s h B a l a n c e - E n d i n g 2 , 1 0 2 , 8 5 2 $ 2, 3 4 9 , 7 2 0 $ 1, 9 0 2 , 3 5 3 $ 8 3 3 , 9 9 3 $ 1 9 9 , 1 3 3 $ 40 1 , 1 1 3 $ 1,510,812 $ 38 20 2 0 U t i l i t y P r o j e c t s ( $ 6 , 0 4 8 , 0 0 0 ) 18 De s c r i p t i o n Co s t Gr a n d v i e w   P a r k   A r e a   N o r t h   I m p r o v e m e n t s St o r m   D r a i n a g e   U t i l i t y Sa n i t a r y   S e w e r   U t i l i t y Wa t e r   U t i l i t y St r e e t   L i g h t   U t i l i t y $1 , 2 4 0 , 0 0 0 1, 0 6 0 , 0 0 0 1, 1 2 0 , 0 0 0 60 , 0 0 0 Li f t   S t a t i o n   N o . 6   R e h a b i l i t a t i o n   6 3 3 , 0 0 0 Wa t e r   T o w e r   # 1   P a i n t i n g 1 , 0 2 0 , 0 0 0 We l l   N o .   5   R e h a b i l i t a t i o n 1 2 4 , 0 0 0 St o r m W a t e r   P o n d   4 0 ‐ 0 0 1   R e h a b   2 6 0 , 0 0 0 Sh i n g l e   C r e e k P h a s e   2   ( C r e e k   S t a b i l i z a t i o n   P r o j e c t ) 4 0 6 , 0 0 0   ( b ) Br i n e   E q u i p m e n t   P r o j e c t 1 2 5 , 0 0 0   ( c ) 20 2 0   T o t a l   C o s t $ 6 , 0 4 8 , 0 0 0 (b )   W a t e r s h e d   f u n d i n g   e s t i m a t e d   a t   7 5 %   ( $ 3 0 5 k )   a n d   2 5 %   C i t y   f u n di n g   ( $ 1 0 1 k ) (c )   W a t e r s h e d   f u n d i n g   e s t i m a t e d   a t   ( $ 5 0 k )   a n d   C i t y   S t o r m   D r a i n a ge   U t i l i t y   f u n d i n g   ( $ 7 5 k ) 39 CI P I m p a c t o n U t i l i t y F u n d s • Ca s h   f l o w s   s h o w   t h e   i m p a c t   o f   t h e   C I P   P l a n   o n   U t i l i t y   F u n d s • De t a i l s   w i l l   b e   f u r t h e r   c o v e r e d   i n   t h e   r e v i e w   o f   U t i l i t y   F u n d s   b u d g e t s   an d   r a t e s 19 40 Wa t e r F u n d – Ca s h F l o w An a l y s i s 20 Av e r a g e R e s i d e n t i a l F e e (1 8 , 0 0 0 G a l l o n s / P e r Q t r . ) 58 . 5 6 $ 6 2 . 1 4 $ 6 6 . 4 7 $ 7 1 . 0 5 $ 7 6 . 0 7 $ 81.36 $ 87.10 $ Pe r Q u a r t e r C h a n g e - $ 3 . 5 8 $ 4 . 3 3 $ 4 . 5 8 $ 5 . 0 2 $ 5.29 $ 5.74 $ Ac t u a l B u d g e t e d B u d g e t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d 20 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 Re v e n u e s Op e r a t i n g 3 , 8 0 7 , 2 7 2 $ 4 , 03 5 , 7 0 8 $ 4 , 31 8 , 2 0 8 $ 4 , 6 2 0 , 4 8 2 $ 4 , 9 4 3 , 9 1 6 $ 5,289,990 $ 5,660,290 $ In v e s t m e n t E a r n i n g s 5 2 , 1 5 7 4 8 , 6 2 4 6 1 , 6 8 4 5 6 , 5 6 3 4 2 , 0 3 9 4 3 , 6 0 1 36,334 No n o p e r a t i n g 8 1 , 4 4 4 - - - - - - Bo n d P r o c e e d s ( G O ) 3 , 1 9 1 , 4 5 0 2 , 10 0 , 0 0 0 2 , 14 0 , 0 0 0 1 , 9 9 0 , 0 0 0 2 , 8 5 0 , 0 0 0 - 3,450,000 To t a l 7 , 1 3 2 , 3 2 3 6 , 18 4 , 3 3 2 6 , 51 9 , 8 9 2 6 , 6 6 7 , 0 4 5 7 , 8 3 5 , 9 5 6 5 , 3 3 3 , 5 9 1 9,146,623 Ex p e n d i t u r e s P e r s o n a l S e r v c i e s 5 7 3 , 2 4 2 59 7 , 8 0 3 62 0 , 8 2 0 6 3 9 , 4 4 5 6 5 8 , 6 2 8 6 7 8 , 3 8 7 698,738 S u p p l i e s 2 2 0 , 1 3 2 27 0 , 2 1 0 26 7 , 2 6 0 2 7 2 , 6 0 5 2 7 8 , 0 5 7 2 8 3 , 6 1 8 289,291 Ot h e r S e r v i c e s & C h a r g e s 6 2 0 , 9 3 1 50 5 , 7 3 5 50 3 , 9 2 0 5 1 3 , 9 9 8 5 2 4 , 2 7 8 5 3 4 , 7 6 4 545,459 In s u r a n c e 3 8 , 3 9 1 3 9 , 5 2 2 40 , 2 0 0 4 1, 0 0 4 41,824 42,661 43,514 Ut i l i t i e s 22 4 , 2 8 5 23 6 , 9 0 0 23 6 , 9 0 0 24 1 , 6 3 8 246,471 251,400 256,428 De p r e c i a t i o n 1, 5 9 3 , 5 4 1 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 5 9 3 , 5 4 1 1,593,541 1,593,541 1,593,541 Ca p i t a l O u t l a y ( C I P ) 3, 4 8 2 , 0 3 2 3, 88 9 , 0 3 7 2, 26 4 , 0 0 0 3, 3 6 6 , 0 0 0 3,342,000 975,000 3,840,000 De b t S e r v i c e ( E x i s t i n g ) 38 3 , 9 9 7 64 7 , 9 9 4 86 3 , 6 3 4 86 0 , 2 5 9 863,459 863,159 861,695 De b t S e r v i c e ( P F A ) 1, 1 4 0 , 0 9 4 1, 14 0 , 8 6 0 1, 14 0 , 1 3 0 1, 1 4 0 , 3 1 0 1,140,390 1,140,370 1,140,250 De b t S e r v i c e ( P r o j e c t e d ) - - - 4 2 1 , 6 9 9 651,617 979,516 982,556 To t a l 8, 2 7 6 , 6 4 5 8, 92 1 , 6 0 2 7, 53 0 , 4 0 5 9, 0 9 0 , 5 0 0 9,340,266 7,342,417 10,251,473 Ca s h B a l a n c e - B e g i n n i n g 3, 6 5 5 , 0 5 3 3, 79 2 , 8 7 0 2, 64 9 , 1 4 1 3, 2 3 2 , 1 6 8 2,402,255 2,491,486 2,076,202 Ch a n g e s i n A c c r u a l s (3 1 1 , 4 0 2 ) - - - - - - Re v e n u e s 7, 1 3 2 , 3 2 3 6, 18 4 , 3 3 2 6, 51 9 , 8 9 2 6, 6 6 7 , 0 4 5 7,835,956 5,333,591 9,146,623 Ex p e n d i t u r e s (8 , 2 7 6 , 6 4 5 ) (8 , 92 1 , 6 0 2 ) (7 , 5 3 0 , 4 0 5 ) (9 , 0 9 0 , 5 0 0 ) (9,340,266) (7,342,417) (10,251,473) No n c a s h - D e p r e c i a t i o n 1 , 5 9 3 , 5 4 1 1, 59 3 , 5 4 1 1, 59 3 , 5 4 1 1, 5 9 3 , 5 4 1 1,593,541 1,593,541 1,593,541 Ca s h B a l a n c e - E n d i n g 3, 7 9 2 , 8 7 0 $ 2, 64 9 , 1 4 1 $ 3, 23 2 , 1 6 8 $ 2, 4 0 2 , 2 5 5 $ 2,491,486 $ 2,076,202 $ 2,564,893 $ 41 Wa t e r F u n d – C a s h F l o w A n a l y s i s 21 42 22 Sa n i t a r y S e w e r Fu n d – Ca s h F l o w An a l y s i s Re s i d e n t i a l - F l a t F e e / P e r Q t r . 82 . 4 2 $ 8 4 . 8 9 $ 8 7 . 4 4 $ 9 0 . 0 6 $ 9 2 . 7 6 $ 95.55 $ 98.41 $ Pe r Q u a r t e r C h a n g e - $ 2 . 4 7 $ 2 . 5 5 $ 2 . 6 2 $ 2 . 7 0 $ 2.78 $ 2.87 $ Ac t u a l B u d g e t e d B u d g e t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d 20 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 Re v e n u e s Op e r a t i n g 4 , 4 0 6 , 7 4 1 $ 4 , 5 3 8 , 9 4 3 $ 4 , 6 7 5 , 1 1 2 $ 4 , 8 1 5 , 3 6 5 $ 4 , 9 5 9 , 8 2 6 $ 5,108,621 $ 5,261,879 $ In v e s t m e n t E a r n i n g s 6 6 , 1 5 7 6 4 , 3 9 2 6 4 , 3 9 2 7 2 , 2 2 8 3 2 , 6 9 7 9,427 5,280 No n o p e r a t i n g - - - - - - - Bo n d P r o c e e d s - 2 , 10 0 , 0 0 0 1 , 0 6 0 , 0 0 0 1 , 4 0 0 , 0 0 0 - - 1,580,000 To t a l 4 , 4 7 2 , 8 9 8 6 , 70 3 , 3 3 5 5 , 7 9 9 , 5 0 4 6 , 2 8 7 , 5 9 3 4 , 9 9 2 , 5 2 3 5,118,047 6,847,159 Ex p e n d i t u r e s Pe r s o n a l S e r v c i e s 2 2 2 , 4 6 3 23 7 , 0 9 6 2 4 6 , 6 0 1 2 5 3 , 9 9 9 2 6 1 , 6 1 9 269,468 277,552 Su p p l i e s 2 0 , 8 4 1 3 9 , 1 1 5 3 8 , 0 6 5 3 8 , 8 2 6 3 9 , 6 0 3 40,395 41,203 Ot h e r S e r v i c e s & C h a r g e s 2 , 9 1 3 , 8 0 8 3 , 03 2 , 6 7 5 3 , 0 5 1 , 0 5 8 3 , 1 4 2 , 5 9 0 3 , 2 0 5 , 4 4 2 3,269,550 3,334,941 In s u r a n c e 2 3 , 5 9 9 2 8 , 1 6 2 2 8 , 6 7 5 2 9 , 2 4 9 2 9 , 8 3 3 30,430 31,039 Ut i l i t i e s 38 , 0 1 1 39 ,1 0 0 39 , 1 0 0 39 , 8 8 2 40,680 41,493 42,323 De p r e c i a t i o n 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 902,280 902,280 902,280 Ca p i t a l O u t l a y 1, 8 3 7 , 1 1 4 2, 91 5 , 0 0 0 1, 6 9 3 , 0 0 0 3, 8 6 7 , 0 0 0 1,724,000 689,000 1,910,000 De b t S e r v i c e ( E x i s t i n g ) 39 6 , 9 1 1 50 6 , 7 5 9 50 3 , 7 8 2 50 0 , 6 1 9 504,697 496,091 491,978 De b t S e r v i c e ( P r o j e c t e d ) - - - 3 5 5 , 1 5 1 516,375 518,575 515,705 To t a l 6, 3 5 5 , 0 2 7 7, 70 0 , 1 8 7 6, 5 0 2 , 5 6 1 9, 1 2 9 , 5 9 6 7,224,529 6,257,281 7,547,020 Ca s h B a l a n c e - B e g i n n i n g 4, 7 8 7 , 6 0 0 3, 70 3 , 4 6 2 3, 6 0 8 , 8 9 1 3, 8 0 8 , 1 1 3 1,868,390 538,664 301,710 Ch a n g e s i n A c c r u a l s (1 0 4 , 2 8 8 ) - - - - - - Re v e n u e s 4, 4 7 2 , 8 9 8 6, 70 3 , 3 3 5 5, 7 9 9 , 5 0 4 6, 2 8 7 , 5 9 3 4,992,523 5,118,047 6,847,159 Ex p e n d i t u r e s (6 , 3 5 5 , 0 2 7 ) (7 , 70 0 , 1 8 7 ) (6 , 5 0 2 , 56 1 ) (9 , 1 2 9 , 5 9 6 ) (7,224,529) (6,257,281) (7,547,020) No n c a s h - D e p r e c i a t i o n 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 90 2 , 2 8 0 9 0 2,280 902,280 902,280 Ca s h B a l a n c e - E n d i n g 3, 7 0 3 , 4 6 2 $ 3, 6 0 8 , 8 9 1 $ 3, 8 0 8 , 1 1 3 $ 1, 8 6 8 , 3 9 0 $ 538,664 $ 301,710 $ 504,129 $ 43 Sa n i t a r y S e w e r F u n d – C a s h F l o w A n a l y s i s 23 44 24 St o r m Dr a i n a g e Fu n d – Ca s h F l o w An a l y s i s Re s i d e n t i a l - F l a t F e e / P e r Q t r . 14 . 7 7 $ 1 5 . 0 6 $ 1 5 . 3 7 $ 1 5 . 6 7 $ 1 5 . 9 9 $ 1 6 . 3 1 $ 16.63 $ Pe r Q u a r t e r C h a n g e 0. 2 9 $ 0 . 3 0 $ 0 . 3 0 $ 0 . 3 1 $ 0.31 $ 0.32 $ 0.33 $ Ac t u a l B u d g e t B u d g e t P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d 20 1 8 20 1 9 20 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2024 Re v e n u e s Op e r a t i n g 1, 6 8 1 , 2 3 4 $ 1, 7 1 4 , 8 5 9 $ 1, 7 4 9 , 1 5 6 $ 1, 7 8 4 , 1 3 9 $ 1,819,822 $ 1,856,218 $ 1,893,343 $ In v e s t m e n t E a r n i n g s 63 , 0 8 0 52 , 8 3 3 72 , 0 3 4 42 , 3 5 1 25,931 22,927 20,800 In t e r g o v e r n m e n t a l - - 3 5 5 , 0 0 0 - - - - No n o p e r a t i n g 49 9 - - - - - - Bo n d P r o c e e d s 1, 5 3 0 , 1 4 2 1, 6 0 0 , 0 0 0 - 1 , 8 8 0 , 0 0 0 - - - To t a l 3, 2 7 4 , 9 5 5 3, 3 6 7 , 6 9 2 2, 1 7 6 , 1 9 0 3, 7 0 6 , 4 9 0 1,845,753 1,879,146 1,914,142 Ex p e n d i t u r e s Pe r s o n a l S e r v c i e s 22 2 , 4 6 3 30 9 , 5 8 8 32 5 , 8 2 6 33 5 , 6 0 1 345,669 356,039 366,720 Su p p l i e s 13 , 4 9 6 53 , 2 6 5 45 , 1 0 0 46 , 0 0 2 46,922 47,860 48,818 Ot h e r S e r v i c e s & C h a r g e s 33 1 , 0 3 0 35 8 , 5 7 5 35 4 , 2 1 0 36 1 , 2 9 4 368,520 375,890 383,408 In s u r a n c e 2, 4 7 0 2, 5 0 9 2, 5 5 0 2, 6 0 1 2,653 2,706 2,760 U ti l it i e s 3, 1 2 8 3, 7 0 0 3, 7 0 0 3, 7 7 4 3,849 3,926 4,005 De p r e c i a t i o n 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1,309,454 1,309,454 1,309,454 Ca p i t a l O u t l a y 1, 8 4 0 , 9 3 0 3, 7 5 0 , 0 1 2 2, 0 3 1 , 0 0 0 3, 5 9 2 , 0 0 0 725,000 694,000 460,000 De b t S e r v i c e ( e x i s t i n g ) 14 3 , 9 9 8 12 4 , 6 5 0 12 7 , 5 0 0 12 5 , 3 0 0 128,050 125,750 123,450 De b t S e r v i c e ( p r o j e c t e d ) - - - 1 7 8 , 1 8 1 396,734 394,564 392,394 To t a l 3, 8 6 6 , 9 6 9 5, 9 1 1 , 7 5 3 4, 1 9 9 , 3 4 0 5, 9 5 4 , 2 0 7 3,326,851 3,310,190 3,091,009 Ca s h B a l a n c e - B e g i n n i n g 3, 6 8 5 , 8 6 2 4, 3 6 8 , 3 4 9 3, 1 3 3 , 7 4 2 2, 4 2 0 , 0 4 6 1,481,782 1,310,138 1,188,548 Ch a n g e s i n A c c r u a l s (3 4 , 9 5 3 ) - - - - - - Re v e n u e s 3, 2 7 4 , 9 5 5 3, 3 6 7 , 6 9 2 2, 1 7 6 , 1 9 0 3, 7 0 6 , 4 9 0 1,845,753 1,879,146 1,914,142 E x p e n d i t u r e s (3 , 8 6 6 , 9 6 9 ) (5 , 9 1 1 , 7 5 3 ) (4 , 1 9 9 , 3 4 0 ) (5 , 9 5 4 , 2 0 7 ) (3,326,851) (3,310,190) (3,091,009) No n c a s h - D e p r e c i a t i o n 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1, 3 0 9 , 4 5 4 1,309,454 1,309,454 1,309,454 Ca s h B a l a n c e - E n d i n g 4, 3 6 8 , 3 4 9 $ 3, 1 3 3 , 7 4 2 $ 2, 4 2 0 , 0 4 6 $ 1, 4 8 1 , 7 8 2 $ 1,310,138 $ 1,188,548 $ 1,321,135 $ 45 St o r m D r a i n a g e F u n d – C a s h F l o w A n a l y s i s 25 46 26 St r e e t L i g h t Fu n d – Ca s h F l o w An a l y s i s Re s i d e n t i a l - F l a t F e e / P e r Q t r . 6. 5 5 $ 6 . 5 5 $ 6 . 5 5 $ 6 . 5 5 $ 6 . 5 5 $ 6.55 $ 6.55 $ Pe r Q u a r t e r C h a n g e - $ - $ - $ - $ - $ - $ - $ A c t u a l B u d g e t B u d g e t P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d 20 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 Re v e n u e s Op e r a t i n g 46 8 , 9 0 0 $ 46 8 , 9 0 0 $ 46 8 , 9 0 0 $ 46 8 , 9 0 0 $ 468,900 $ 468,900 $ 468,900 $ In v e s t m e n t E a r n i n g s 10 , 5 8 7 10 , 4 0 9 11 , 6 9 8 12 , 7 4 5 9,335 10,671 7,158 No n o p e r a t i n g 9, 3 4 8 - - - - - - To t a l 48 8 , 8 3 5 47 9 , 3 0 9 48 0 , 5 9 8 48 1 , 6 4 5 478,235 479,571 476,058 Ex p e n d i t u r e s Su p p l i e s 5, 7 7 8 7, 7 8 0 8, 0 3 0 8, 1 9 1 8,354 8,522 8,692 Ot h e r S e r v i c e s & C h a r g e s 38 , 8 0 5 48 , 2 1 0 48 , 3 8 7 49 , 3 5 5 50,342 51,349 52,376 In s u r a n c e 1, 2 2 4 89 7 90 0 918 936 955 974 Ut i l i t i e s 16 9 , 1 4 3 20 4 , 0 0 0 20 4 , 0 0 0 20 8 , 0 8 0 212,242 216,486 220,816 De p r e c i a t i o n 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59,302 59,302 59,302 Ca p i t a l O u t l a y 11 1 , 9 1 5 42 1 , 1 1 1 60 , 0 0 0 41 0 , 0 0 0 130,000 403,000 190,000 T r a ns f e r s O u t 11 1 , 1 4 4 - - - - - - To t a l 49 7 , 3 1 1 74 1 , 3 0 0 38 0 , 6 1 9 73 5 , 8 4 5 461,176 739,614 532,160 Ca s h B a l a n c e - B e g i n n i n g 72 1 , 6 8 6 77 1 , 7 1 5 56 9 , 0 2 6 72 8 , 3 0 7 533,409 609,769 409,029 Ch a n g e s i n A c c r u a l s (7 9 7 ) - - - - - - Re v e n u e s 48 8 , 8 3 5 47 9 , 3 0 9 48 0 , 5 9 8 48 1 , 6 4 5 478,235 479,571 476,058 Ex p e n d i t u r e s (4 9 7 , 3 1 1 ) (7 4 1 , 3 0 0 ) (3 8 0 , 6 1 9 ) (7 3 5 , 8 4 5 ) (461,176) (739,614) (532,160) No n c a s h - D e p r e c i a t i o n 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59 , 3 0 2 59,302 59,302 59,302 Ca s h B a l a n c e - E n d i n g 77 1 , 7 1 5 $ 56 9 , 0 2 6 $ 72 8 , 3 0 7 $ 53 3 , 4 0 9 $ 609,769 $ 409,029 $ 412,229 $ 47 St r e e t L i g h t F u n d – C a s h F l o w A n a l y s i s 27 48 An t i c i p a t e d D e b t S e r v i c e • An t i c i p a t e d   b o n d   i s s u e s   b a s e d   o n   o u r   c a p i t a l   i n v e s t m e n t   n e e d s   a re as  fo l l o w s : • St r e e t   R e c o n s t r u c t i o n   ( L e v y ) • In f r a s t r u c t u r e / S p e c i a l   A s s e s s m e n t   ( S p e c i a l   A s s e s s m e n t ) • Wa t e r   ( U s e r   F e e s ) • Sa n i t a r y   S e w e r   ( U s e r   F e e s ) • St o r m   D r a i n a g e   ( U s e r   F e e s ) 28 49 An t i c i p a t e d D e b t I s s u e s 29 Ye a r Ca p i t a l   I m p . (L e v y ) Sp e c i a l   A s s e s s m e n t s   (A s s e s s m e n t ) St r e e t   Re c o n s t r u c t i o n (L e v y ) Wa t e r (U s e r   F e e s ) Sa n i t a r y   S e w e r   (U s e r   F e e s ) St o r m   D r a i n a g e   (U s e r   F e e s ) Total 20 1 9 2 , 3 5 0 , 0 0 0 1 , 7 0 0 , 0 0 0 2 , 1 0 0 , 0 0 0 2 , 1 0 0 , 0 0 0 1 , 6 0 0 , 0 0 0 9 , 8 5 0 , 0 0 0 20 2 0 2 , 0 0 0 , 0 0 0 2 , 1 4 0 , 0 0 0 1 , 0 6 0 , 0 0 0 1 , 8 8 0 , 0 0 0 7 , 0 8 0 , 0 0 0 20 2 1 1 , 9 3 3 , 0 0 0 2 , 0 0 0 , 0 0 0 1 , 9 9 0 , 0 0 0 1 , 4 0 0 , 0 0 0 7 , 3 2 3 , 0 0 0 20 2 2 1 , 9 1 0 , 0 0 0 2 , 8 5 0 , 0 0 0 4 , 7 6 0 , 0 0 0 20 2 3 5 , 5 0 0 , 0 0 0 5,500,000 20 2 4 2 , 4 5 0 , 0 0 0 2 , 8 5 0 , 0 0 0 3 , 4 5 0 , 0 0 0 1 , 5 8 0 , 0 0 0 1 0 , 3 3 0 , 0 0 0 20 2 5 2 , 0 0 0 , 0 0 0 2 , 8 5 0 , 0 0 0 1 , 5 0 0 , 0 0 0 2 , 4 2 0 , 0 0 0 8 , 7 7 0 , 0 0 0 20 2 8 1 , 8 0 0 , 0 0 0 1 , 6 0 0 , 0 0 0 5 5 0 , 0 0 0 3 , 9 5 0 , 0 0 0 20 2 9 2 , 0 0 0 , 0 0 0 2 , 7 4 0 , 0 0 0 4 , 7 4 0 , 0 0 0 20 3 0 2 , 3 4 0 , 0 0 0 2 , 3 0 0 , 0 0 0 1 , 3 2 0 , 0 0 0 5 , 9 6 0 , 0 0 0 To t a l $ 7 , 4 3 3 , 0 0 0 $ 6 , 8 0 0 , 0 0 0 $ 1 9 , 4 5 0 , 0 0 0 $ 1 5 , 6 3 0 , 0 0 0 $ 1 1 , 4 1 0 , 0 0 0 $ 7 , 5 4 0 , 0 0 0 $ 6 8 , 2 6 3 , 0 0 0 50 20 2 0 – 2 0 2 1 S u m m a r y • $1 4 . 4   m i l l i o n   i n   d e b t   i s s u a n c e s   o v e r   t h e   n e x t   t w o   y e a r s   ( N R P   d r iv i n g   f a c t o r ,   bu t   a l s o   B r o o k l y n   B l v d .   P h a s e   I I ) • Fi n a n c i a l   I m p a c t : Pr o p e r t y   T a x   L e v y • 20 2 0   ‐ 1 . 3 %   i n c r e a s e   i n   t a x   l e v y   f o r   d e b t   s e r v i c e   ( A p p r o x i m a t e l y  $ 1 4 / y e a r   o n   m e d i a n   va l u e   h o m e ) • 20 2 1   ‐ 2 . 5 %   i n c r e a s e   i n   t a x   l e v y   f o r   d e b t   s e r v i c e   ( A p p r o x i m a t e l y  $ 2 8 / y e a r   o n   m e d i a n   va l u e   h o m e Qu a r t e r l y   u t i l i t y   b i l l   ( t y p i c a l   r e s i d e n t ) • 20 1 9   ‐ $ 1 6 1 . 1 0 • 20 2 0   ‐ $ 1 6 9 . 2 8   ( $ 7 . 1 8   q u a r t e r l y   i n c r e a s e ) • 20 2 1   ‐ $ 1 7 6 . 7 9   ( $ 7 . 5 1   q u a r t e r l y   i n c r e a s e ) 30 51 20 2 0 T e c h n o l o g y F u n d 31 De s c r i p t i o n Co s t Se r v e r   H a r d w a r e $3 8 , 0 0 0 Ne t w o r k   H a r d w a r e ( s w i t c h e s ) $3 4 , 2 0 0 La s e r f i c h e U p g r a d e $7 9 , 5 0 0 Sh a r e P o i n t   S o f t w a r e $3 0 , 0 0 0 Di g i t a l   S i g n a g e   ( C o m m u n i t y   C e n t e r / C i t y   H a l l ,   W e s t   F i r e ) $6 0 , 0 0 0 Co n f e r e n c e R o o m   – A u d i o / V i s u a l   E q u i p m e n t $3 5 , 0 0 0 Fi b e r   ( R e d u n d a n c y f o r   W e s t   F i r e ) $5 0 , 0 0 0 Se r v i c e D e s k   P a n i c   B u t t o n s $2 0 , 0 0 0 20 2 0   T o t a l   C o s t $3 4 6 , 7 0 0 52 Te c h n o l o g y F u n d – C a s h F l o w A n a l y s i s 32 Ac t u a l P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d 20 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 Re v e n u e s Tr a n s f e r s I n 2 3 3 , 8 0 0 $ 1 4 0 , 0 0 0 $ 1 2 5 , 0 0 0 $ 1 2 5 , 0 0 0 $ 1 2 5 , 0 0 0 $ 1 2 5 , 0 0 0 $ 1 2 5 , 0 0 0 $ In v e s t m e n t E a r n i n g s 4 , 6 0 2 4 , 7 3 6 5 , 5 1 0 1 , 1 8 7 2 , 1 3 9 4 , 1 5 7 5 , 3 2 0 To t a l 2 3 8 , 4 0 2 1 4 4 , 7 3 6 1 3 0 , 5 1 0 1 2 6 , 1 8 7 1 2 7 , 1 3 9 1 2 9 , 1 5 7 1 3 0 , 3 2 0 Ex p e n d i t u r e s P r i o r Y e a r P r o j e c t s - C a r r - 1 4 3 , 8 0 0 - - - - - Ca p i t a l O u t l a y 1 8 5 , 4 9 5 2 4 1 , 5 0 0 3 4 6 , 7 0 0 7 1 , 8 0 0 1 1 , 8 0 0 6 2 , 7 0 0 1 3 3 , 5 0 0 To t a l 1 8 5 , 4 9 5 3 8 5 , 3 0 0 3 4 6 , 7 0 0 7 1 , 8 0 0 1 1 , 8 0 0 6 2 , 7 0 0 1 3 3 , 5 0 0 Ca s h B a l a n c e - B e g i n n i n g 37 2 , 8 3 8 5 2 4 , 5 7 6 2 8 4 , 0 1 2 6 7 , 8 2 2 1 2 2 , 2 0 9 2 3 7 , 5 4 8 3 0 4 , 0 0 5 Ch a n g e s i n A c c r u a l s 9 8 , 8 3 1 - - - - - - Re v e n u e s 2 3 8 , 4 0 2 1 4 4 , 7 3 6 1 3 0 , 5 1 0 1 2 6 , 1 8 7 1 2 7 , 1 3 9 1 2 9 , 1 5 7 1 3 0 , 3 2 0 E x p e n d i t u r e s ( 1 8 5 , 4 9 5 ) ( 3 8 5 , 3 0 0 ) ( 3 4 6 , 7 0 0 ) ( 7 1 , 8 0 0 ) ( 1 1 , 8 0 0 ) ( 6 2 , 7 0 0 ) ( 1 3 3 , 5 0 0 ) Ca s h B a l a n c e - E n d i n g 5 2 4 , 5 7 6 $ 2 8 4 , 0 1 2 $ 6 7 , 8 2 2 $ 1 2 2 , 2 0 9 $ 2 3 7 , 5 4 8 $ 3 0 4 , 0 0 5 $ 3 0 0 , 8 2 5 $ 53 20 2 0 E B H C C a p i t a l F u n d 33 De s c r i p t i o n Co s t Wa l k w a y   t o   H o t e l / P o n d / L i g h t i n g $3 0 0 , 0 0 0 Ca r r i a g e   H a l l   R T U   ( P r e   # 1 ) $1 0 0 , 0 0 0 Hi p p o d r o m e   R o o f   ( E D P M ) $3 0 0 , 0 0 0 Fa c i l i t y   S e c u r i t y   S y s t e m   S e r v e r $5 0 , 0 0 0 20 2 0   T o t a l   C o s t $ 7 5 0 , 0 0 0 54 EB H C C a p i t a l F u n d – C a s h F l o w A n a l y s i s 34 Ac t u a l P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d 20 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 Re v e n u e s Tr a n s f e r s 32 5 , 0 0 0 $ 35 0 , 0 0 0 $ 31 8 , 0 0 0 $ 31 8 , 0 0 0 $ 31 8 , 0 0 0 $ 31 8 , 0 0 0 $ 318,000 $ In v e s t m e n t E a r n i n g s 17 , 8 1 6 15 , 7 8 0 19 , 0 1 0 19 , 0 1 0 10 , 1 7 4 5, 9 4 2 5,801 To t a l 34 2 , 8 1 6 36 5 , 7 8 0 33 7 , 0 1 0 33 7 , 0 1 0 32 8 , 1 7 4 32 3 , 9 4 2 323,801 Ex p e n d i t u r e s Ca p i t a l O u t l a y 35 0 , 9 3 7 50 5 , 0 0 0 75 0 , 0 0 0 47 5 , 0 0 0 57 0 , 0 0 0 33 2 , 0 0 0 268,000 To t a l 35 0 , 9 3 7 50 5 , 0 0 0 75 0 , 0 0 0 47 5 , 0 0 0 57 0 , 0 0 0 33 2 , 0 0 0 268,000 Ca s h B a l a n c e - B e g i n n i n g 1, 2 7 9 , 6 8 4 1, 2 7 1 , 5 6 3 1, 1 3 2 , 3 4 3 71 9 , 3 5 3 58 1 , 3 6 3 33 9 , 5 3 7 331,478 Re v e n u e s 34 2 , 8 1 6 36 5 , 7 8 0 33 7 , 0 1 0 33 7 , 0 1 0 32 8 , 1 7 4 32 3 , 9 4 2 323,801 E x p e n d i t u r e s (3 5 0 , 9 3 7 ) (5 0 5 , 0 0 0 ) (7 5 0 , 0 0 0 ) (4 7 5 , 0 0 0 ) (5 7 0 , 0 0 0 ) (3 3 2 , 0 0 0 ) (268,000) Ca s h B a l a n c e - E n d i n g 1 , 2 7 1 , 5 6 3 $ 1, 1 3 2 , 3 4 3 $ 71 9 , 3 5 3 $ 58 1 , 3 6 3 $ 33 9 , 5 3 7 $ 33 1 , 4 7 8 $ 387,279 $ 55 20 2 0 B C L i q u o r • BC   L i q u o r   S t o r e   # 1   C u r r e n t l y   u n d e r   C o n s t r u c t i o n   • No   B u d g e t e d   2 0 2 0   C a p i t a l   I t e m s 35 BC L i q u o r Pa g e 1 20 2 0 - 2 0 3 4 C I P ( r e v i s e d J u l y 1 , 2 0 1 9 ) Ac q u i s i t i o n o r Su b t o t a l s Re p l a c e m e n t Es t i m a t e d a n d Ca p i t a l I t e m Ye a r Co s t To t a l s Bu s i n e s s S i t e / L o c a t i o n F e a s i b i l i t y A n a l y s i s - 20 2 3 $ 2 , 8 5 0 , 0 0 0 I m p l e m e n t a t i o n o f R e s u l t s ( S t o r e # 2 P r o p e r t y A c q u i s i t i o n / B u i l d i n g C o n s t r u c t i o n ) 20 2 3 $2 , 8 5 0 , 0 0 0 56 Qu e s t i o n s ? 36 57