Capital Improvement Funds


Overview

Capital Improvement Funds are established to account for the financial resources to be used for the of major acquisition and construction capital facilities, as well as for the purchase of equipment and the construction of major improvements to City facilities. The Capital Improvement Funds category includes:


  • 348 | Capital Projects Fund
  • 302 | Parks General Obligation (GO) Bond Capital Fund
  • 350 | Surtax Fund

Capital Improvements Funds Revenues vs. Expenditures

Capital Improvements Funds Revenues vs. Expenditures

302 | Parks General Obligations (GO) Bond Capital Fund Overview

The GO Bond Fund was established in FY 2015-16 for the express purpose of accounting for all monies expended within the fund. The Parks Master Plan Projects include Bluestein Park, Golden Isles Tennis Center and Park, Ingalls Park, Sunset Park, Historic Village, Chavez Lake Park, and Sunrise Park. The total planned expenditure under the GO Bond is $58.5 million.

Parks General Obligations (GO) Bond Capital Fund Revenues vs. Expenditures

Parks General Obligations (GO) Bond Capital Fund Revenues vs. Expenditures

348 | Capital Projects Fund Overview

The Capital Projects Fund was established to account for specific Capital Program expenditures. For FY 2023-24, the Adopted Capital Projects Fund expenditure budget is $4,444,500. Details can be found in the Capital Projects section.

Capital Projects Fund Revenues vs. Expenditures

Capital Projects Fund Revenues vs. Expenditures

350 | Surtax Capital Fund Overview

The Surtax Capital Fund was established in FY 2020-21 to account for mobility projects. Some of the mobility projects include Citywide Bus Shelter Improvements, Bus Stop Digital Signage, and NW/SW 8th Avenue Complete Street. For FY 2023-24, the funding will be allocated through a Budget Amendment when it is received.