Capital improvement fund
FY2023 ANNUAL BUDGET
SUMMARY
The Capital Improvements Fund accounts for income tax revenue that are committed for various capital projects. In 2023, the City will transfer $1,825,000 from Income Taxes for the following capital equipment and/or projects:
- Multiple work trucks/van
- Two Police Patrol Vehicles
- Strausser Park Playground
- Civic Center Parking Lot
- Wise Avenue Reconstruction
- Asphalt Roller
- Salt Dome Rehabilitation Project (year 2 of 4)
- HVAC Control System in City Hall
- Portage Charlotte Corridor & Roundabout
- Ventrac Mower & attachments
- Traffic Cameras, Controller, and related equipment