Capital Projects Fund
~ Fund 900
Capital Projects Funds
The Capital Projects Fund provides funding for the acquisition and construction of municipal public improvements and infrastructure. These funds are spent in accordance with the City's Capital Improvement Plan. The FY2022 Budget contains an updated Five-Plus-Year Capital Improvement Plan to provide a framework for the long-term infrastructure and capital needs of the City.
In FY2022, the City will be utilizing the proceeds from the Series 2021, Certificates of Obligation that were issued in July 2021. This funding source accounts for $1,945,000 of the planned capital expenditures to include: storm sewer projects; a sanitary sewer generator; street rehabilitation projects; park improvements; and the Unified Development Code. Additional funding sources and carry forward from previous years, contribute $788,100 towards capital projects such as the fleet replacement program; parks improvements; public safety equipment and resources; parking lots striping; the replacement public safety boat; and EMS equipment.