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<br />Internal Service Funds
<br />
<br />Both of the internal service funds are operations which Include funding for future large capital outlays and therefore
<br />are not easDy measured by days of working capital. Both funds Include sufficient amounts to adequately replace
<br />equipment as It becomes necessary.
<br />
<br />The Motor Pool Fund will expend $682,675 In replacing existing vehicles that have reached the end of their useful
<br />life while the Computer Fund will expend $101,700 to replace computer equipment. In addition to the $101,700
<br />budgeted In the Computer Fund, the City will also spend $240,000 from the Capital Improvement Fund for computer
<br />systems. This additional amount Is needed to fund the replacement of the Financial and Administrative Data
<br />Processing System. When the Computer Fund was created In fiscal year 1993-94, the City elected to fund the new
<br />system with Capital Improvement funds Instead of Inflating lease fees for two years.
<br />
<br />Capital Outlay Funds
<br />
<br />The Capital Improvement Funds, while not containing any multi-million dollar projects as In past years, contains
<br />numerous small to medium sized projects that will help flne tune the City Infrastructure and facilities. The 1994-95
<br />budget does Include over $1.5 million of capltallmprovemenl This year's approach to Capital Improvement differs
<br />from that of prior years. Since 1985, the City has been working towards the completion of projects that were
<br />approved by voters In 1985 and 1986. In 1985, voters approved $15,550,000 In General Improvements and
<br />$9,350,000 In Water and Wastewater Improvements. In 1986, voters approved an additional $4,250,000 In General
<br />Improvements. Add to this the $9,800,000 In bonds sold for the La Porte Area Water Authority to provide conversion
<br />to surface water. As you can see, the City had quite an assignment over the last 8 years. Of the $38,950,000 that
<br />was approved or authorized for capital Improvements, debt was Issued and projects were completed for $33,200,000.
<br />
<br />For fiscal year 1994-95, the City will not have any 'arge- projects. They will concentrate on 19 projects, with an
<br />average cost of $82,736. The projects Identified for the fiscal year 1994-95 are shown below:
<br />
<br />Project
<br />
<br />Cost
<br />
<br />FTF /EMS Improvements
<br />Are/Pollee Training Room and EOC
<br />Replace Financial Computer System
<br />S.P.O.R.T Center Renovation
<br />JaB Renovation - Phase II
<br />Joint Ventures with area Sporting Associations
<br />Repair City Hall Air Conditioning System
<br />Pave M Street from Eighth Street to HWY 146 Frontage
<br />Pave Municipal Court Parking Lot
<br />Sidewalk Repair
<br />ROW Acquisition SH 146 - Phase I of City portion
<br />Riding Arena Ughts
<br />Field Ughtlng at Little Cedar Bayou Park
<br />Improvements to Meter System
<br />Water Une Bridge Crossings
<br />Repainting of Falrmont Water Tower
<br />Underwood Road Utility Relocation
<br />Inflow/Infiltration
<br />Replace Camera System
<br />
<br />$ 35,000
<br />100,000
<br />240,000
<br />235,000
<br />56,200
<br />30,000
<br />'5,000
<br />45,000
<br />26,000
<br />40,000
<br />180,000
<br />40,000
<br />25,000
<br />30,000
<br />40,000
<br />175,000
<br />87,000
<br />150,000
<br />32.800
<br />
<br />$ 1,572,000
<br />
<br />Total of Capital Projects
<br />
<br />The Impact of the completion of these projects will have minimal Impact on operating budgets. The parks
<br />department will see a slight increase In electrical costs once the S.P.O.R.T Center Is renovated and the Riding Arena
<br />and Field lights are added.
<br />
<br />1-11
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