| CITY SHARE OF COUNTY-WIDE SALES TAX - DRAFT | |||||||||||
| 2005– 2009 CAPITAL IMPROVEMENT BUDGET SUMMARY | |||||||||||
| Projects | 2005 | 2006 | 2007 | 2008 | 2009 | ||||||
| Misc. Maintenance Imp. (system wide) | 75,000 | 75,000 | 100,000 | 100,000 | 100,000 | ||||||
| Park Maintenance Facility Imp. | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | ||||||
| Park Land Acquisition | 0 | 300,000 | 300,000 | 300,000 | 300,000 | ||||||
| Bike Trail & Facility Development | 0 | 50,000 | 150,000 | 150,000 | 150,000 | ||||||
| Entryway Improvements | 0 | 0 | 25,000 | 0 | 0 | ||||||
| Peterson Park Improvements | 0 | 0 | 0 | 250,000 | 150,000 | ||||||
| Green Meadows Park | 0 | 0 | 0 | 0 | 242,000 | ||||||
| Sub-total | 275,000 | 625,000 | 775,000 | 1,000,000 | 1,142,000 | ||||||
| Debt: | |||||||||||
| Aquatic Center (outdoor) | 309,000 | 0 | 0 | 0 | 0 | ||||||
| East Lawrence Center | 247,000 | 251,000 | 0 | 0 | 0 | ||||||
| Health Center/Indoor Aquatic Center | 1,288,000 | 1,291,000 | 1,260,000 | 1,267,690 | 1,263,409 | ||||||
| Adult Softball Complex | 260,000 | 263,000 | 0 | 0 | 0 | ||||||
| Sub-total | 2,104,000 | 1,805,000 | 1,260,000 | 1,267,690 | 1,263,409 | ||||||
| TOTAL | 2,379,000 | 2,430,000 | 2,035,000 | 2,267,690 | 2,405,409 | ||||||
| Note: this Plan does not purport to indicate that sufficient revenues will be available to complete all the listed projects. | |||||||||||
| Note: Given current sales tax trends, it is unlikely the sales tax (city share of county-wide sales tax) can support this debt and provide substantial operation, maintenance, and new project support. | |||||||||||