Capital Expenditures

Transcription

1 Capital Expenditures Each year the County updates its Five Year Plan examining the needs of the Garfield County. Considering the goals and priorities of the County, the strategic planning committee develops this Five Year Plan from department and elected office submissions. The Five Year Plan is submitted to the Board of County Commissioners for further review prior to the annual budgeting process. The Capital Expenditures Fund was established to budget for financial resources used for the acquisition or improvement of capital facilities, vehicles, heavy equipment and infrastructure of the County. The 2011 budget includes funding for capital investment in facilities, technology, equipment and transportation. These 2011 capital budget items are also addressed in the County s Five year Plan, which is available on the County s website, county.com.

2 Garfield County 2011 Budget Capital Expenditures Capital expenditures are expenditures that create future benefits. A capital expenditure is incurred when an entity spends money either to buy fixed assets, or to add to the value of an existing fixed asset with a useful life that extends beyond the taxable year. The following includes capital expenditures for the agencies whose purpose is to provide for the construction of public buildings, roadways, walkways, bridges and storm drainages. Services in this category are provided by the Road and Bridge Fund, Airport Fund, Capital Expenditures Fund and the Solid Waste Disposal Fund. There are no additional operating costs anticipated as a result of the capital expenditures described below. However, the County can expect energy savings on the Glenwood Springs Courthouse and Sheriff Annex in the amount of $69,380 over the course of 8-14 years. This is the result of an energy improvement project being conducted on these two facilities. Total 2011 Capital Expenditures = $13,582,929 Solid Waste Disposal Fund, 251,000, 2% Road & Bridge Fund, 4,410,000, 33% Airport Fund, 2,067,051, 15% Capital Expenditures Fund, 6,384,878, 47% Motor Pool Fund, 470,000, 3%

3 Road and Bridge Fund Infrastructure Battlement Mesa Storm Drainage 200,000 Black Diamond Bridge Rebuild 1,500,000 CR 300 Intersection Improvement 1,500,000 CR 306 Spring Creek Road Improvement 50,000 Battlement Mesa Library Trail 610,000 Satank Bridge (final completion of historic rehabilitation project) 200,000 Total Road and Bridge Infrastructure $4,060,000 Two Electric Gates (for entry to the County s fuel tank stations in Rifle and Glenwood Springs) $100,000 Heavy Equipment New Pothole Patching Truck $250,000

4 Airport Fund Land Improvements Carry forward for Airport Runway Improvement Project 2,000,000 Landscaping 17,000 Observation Area 8,000 Perimeter Protection for Airport Property Outside of AOA Fence 15,000 Total Airport Land Improvements $2,040,000 Bathroom Remodel $15,000 Machinery and Equipment Enclosed Electric Vault 6,650 Radios 5,400 Total Airport Machinery and Equipment $12,050

5 Capital Expenditures Fund Computers and Computer Equipment Jail s Central Control Board Upgrade (Sheriff) 800,000 Conference Room Upgrades (Information Technology) 19,995 GIS Scanner (Information Technology and Building and Planning) 15,000 Data/Voice Infrastructure Improvements (Information Technology) 50,000 Document Electronic Storage (Information Technology) 20,000 Mail Server Upgrade (Information Technology) 30,000 Security Audit (Information Technology) 35,000 System Upgrades (Information Technology) 75,000 Total Computers and Computer Equipment $1,044,995 Software New World Systems Next Gen HR Upgrade (Finance) 15,000 Purchasing Card Software Upgrade (Finance) 5,000 Microsoft Exchange Server Licensing and CAL s (Information 35,000 Technology) Laserfiche Scanning Upgrade (Building and Planning) 50,000 Total Software $105,000 Land Improvements Courthouse Generators 400,000 Raze Rental Properties and Expand Parking Lot 350,000 New Water Lines (Fairgrounds) 10,000 Improve Parking Lot Lighting (Fairgrounds) 20,000 Landscape Rifle Lift-up Area 50,000 Total Land Improvements $830,000 Energy Improvements for Glenwood Springs Courthouse and Sheriff 787,923 Annex Improve Grandstands to be Wheelchair Accessible (Fairgrounds) 30,000 Remodel Restrooms/Showers (Fairgrounds) 50,000 Total $867,923 Infrastructure West Parachute Interchange Project 1,900,000 LOVA Trail Phase II Carryover 300,000 Total Infrastructure $2,200,000

6 Other Bobcat Buyback (Fairgrounds) 3,000 Marquee Sign (Human Services) 50,000 Senior Programs Van (Human Services) 27,000 Mountain Family Health Center Annex Grant Administration 22,500 Cube Replacement (Information Technology) 19,900 Total Other $122,400 Solid Waste Disposal Fund Land Improvements Detection Monitoring Well 15,000 Methane Monitoring and Mitigation 200,000 Total Land Improvements $215,000 Remote Fill for Fuel Tanks $20,000 Machinery and Equipment Welder 8,000 Barrel Pump/Coolant 2,000 Steam Cleaner for Landfill Machinery 6,000 Total Machinery and Equipment $16,000

7 Below are the 2009 actuals, projected and 2011 budget for the County s Capital Expenditures Fund. It does not include the capital items for the Road and Bridge Fund or Airport Fund. The 3 year trend for these two funds is located within the Public Works section of the budget document. CLASSIFICATION - REVENUES 2009 Actual Taxes 7,829,807 12,300,000 - Intergovernmental 100,465 1,280,481 22,500 Contributions 32, Other Revenue ,000 Revenue Total 7,962,633 13,580, ,500 CLASSIFICATION - EXPENDITURES 2009 Actual Property/Fixed Assets 2,596,988 4,340,007 5,170,318 Other Expenses 906,467 1,830,144 - Expenditure Total 3,503,455 6,170,151 5,170,318 FUNCTION - REVENUES 2009 Actual Capital Expenditures 7,962,633 13,580, ,500 Revenue Total 7,962,633 13,580, ,500 FUNCTION - EXPENDITURES 2009 Actual Capital Expenditures 3,503,454 6,170,151 5,170,318 Expenditure Total 3,503,455 6,170,151 5,170,318