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HomeMy WebLinkAboutAdopt the Tree Maintenance Fund within the Capital Improvements program Commission Memorandum REPORT TO: Honorable Mayor and City Commission FROM: Chris Kukulski, City Manager Anna Rosenberry, Finance Director SUBJECT: Adoption of the Capital Improvements Plan (CIP) for 2012-2016 – TREE MAINTENANCE FUND Item Type: Consent MEETING DATE: November 29, 2010 RECOMMENDATION: Adopt the attached Tree Maintenance Fund Capital Improvements Plan for 2012-2016. BACKGROUND: On November 8, 2010, we presented the attached Tree Maintenance Fund capital improvement plan. At that time, public comment and commissioner input was sought. As a result of that meeting, we are offering the attached schedule for adoption, which contains no changes from the original presentation. FISCAL EFFECTS: Once adopted, the Capital Improvements Plan becomes the basis of the City Manager’s Recommended Budget for FY12. ALTERNATIVES: As suggested by the City Commission. Report compiled on: November 16, 2010 93 Tree Maintenance DistrictCapital Improvement PlanFinancial Summary Current YearFY11 FY12 FY13 FY14 FY15 FY16Projected Beginning Reserve Balance Dedicated to CIP 1,649$             23,649$              45,649$          157$            22,377$        18,819$         Plus:  Tree Mtc Revenues Dedicated to CIP 22,000$           22,000$              22,000$          22,220$       22,442$        22,667$         Less:  Scheduled CIP Project Costs‐$                  ‐$                     (67,492)$          ‐$             (26,000)$       ‐$              Projected Year‐End Cash Dedicated to CIP 23,649$           45,649$              157$                22,377$       18,819$        41,486$       Assumptions Made for Revenue Estimates: Current YearFY11 FY12 FY13 FY14 FY15 FY16Estimated Annual Tree Mtc Revenues 400,000$          400,000$              400,000$         400,000$      404,000$      408,040$        Estimated Annual Increase‐                    0% 0% 1% 1% 1%Total Estimated Revenues 400,000$          400,000$              400,000$         404,000$      408,040$      412,120$      Current Revenues Dedicated to CIP % 5.5% 5.5% 5.5% 5.5% 5.5% 5.5%  Plus:  Increase Dedicated to CIP 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%  Total % Dedicated to CIP 5.5% 5.5% 5.5% 5.5% 5.5% 5.5%ProjectedProjectedTotal Estimated Revenues Dedicated to CIP22,000$            22,000$                22,000$           22,220$        22,442$         22,667$        80,00070,00060,00050,00040,00030,00020,00010,0000FY12 FY13 FY14 FY15 FY16 UnscheduledTree Maintenance Projects & Equipment94 CIP PROJECT FUNDPROJ.DEPARTMENTPROJECT NAMEFY12FY13FY14FY16UnscheduledFY15Tree Maintenance DistrictFOR06FORESTRYCHIPPER$67,492FOR07FORESTRY1/2 TON TRUCK$26,000Summary for  Tree Maintenance District (2 items)Totals by year:$67,492 $26,000FY12FY13FY14FY15FY16Unscheduled95 CIP Project Fund Tree Maintenance District PROJECT NUMBER FOR06 DEPARTMENT FORESTRY PROJECT NAME CHIPPER FY12 FY13 $67,492 FY14 FY15 FY16 Unscheduled DESCRIPTION OF PROJECT This a request to replace a 2000 model chipper.This would be a scheduled equipment replacement as this chipper would be over 12 years old. This equipment would be powered by an alternative fuel such as BioDiesel. ALTERNATIVES CONSIDERED Continue to use older, inefficient model. Lease. As directed by Commission. ADVANTAGES OF APPROVAL Replacing the old chipper will provide the division with more reliable equipment, imporved safty, use of alternative fuels, lower exhaust emissions, and more production due to improvements in design. ADDITIONAL OPERATING COSTS IN THE FUTURE, IF FUNDED Annual Operating & Maintenance Costs: no increase. A new chipper would be cheaper than the existing repairs required on the older model currently in use. FUNDING SOURCES 100% Tree Maintenance District Fund Revenue New Replacement Equipment Project 96 CIP Project Fund Tree Maintenance District PROJECT NUMBER FOR07 DEPARTMENT FORESTRY PROJECT NAME 1/2 TON TRUCK FY12 FY13 FY14 FY15 $26,000 FY16 Unscheduled DESCRIPTION OF PROJECT This is a request to replace a 1999 pickup. This would be a scheduled replacement as this truck will be 15 years old. This truck would be passed on to another department such as Parks to be used by seasonal employees. ALTERNATIVES CONSIDERED Continue to use older, less fuel efficient model. Lease. As directed by Commission. ADVANTAGES OF APPROVAL Replacing this equipment provide the division with more reliable equipment, imporved safty, use of alternative fuels, lower exhaust emissions. ADDITIONAL OPERATING COSTS IN THE FUTURE, IF FUNDED FUNDING SOURCES 100% Tree Maintenance District Fund Revenue New Replacement Equipment Project 97