City of Grand Prairie - File #: 20-10258

• File #: 20-10258
• Version: 1
• Name: Adoption of the FY 2020/2021 Capital Improvement Projects Budgets
• Type: Ordinance
• Status: Adopted
• File created: 8/17/2020
• In control: Budget
• On agenda: 9/15/2020
• Final action: 9/15/2020
• Title: Adoption of the FY 2020/2021 Capital Improvement Projects Budgets

Date	Ver.	Action By	Action	Result
9/15/2020	1	City Council	Adopted
9/1/2020	1	City Council

From

Kathleen C. Mercer

Title

Adoption of the FY 2020/2021 Capital Improvement Projects Budgets

Presenter

Kathleen C. Mercer, Director of Budget/Purchasing

Recommended Action

Approve

Analysis

On August 13, 2020 the City Manager’s proposed budget was submitted to the City Council. The City Council met to discuss the proposed budget at the workshop on August 21, 2020.

Financial Consideration

The FY 2020/2021 Capital Improvement Projects Budgets proposed total is $50,053,324.  Detail by fund for the Proposed FY 2020/2021 Capital Improvement Projects Budgets are summarized as follows:

Proposed Appropriations :	$50,053,324
Airport	100,000
Capital Reserve	3,320,400
Fire	3,452,388
IT	1,230,101
Lake	250,000
Library	60,739
Municipal Facilities	5,593,016
Parks	765,000
Storm Water	5,229,500
Streets	12,733,680
Solid Waste	200,000
Water	14,479,000
Wastewater	2,639,500
Funding sources:
Cash/Other resources	27,766,380
Certificates of Obligation	21,849,945
Cost of Issuance	436,999

Body

AN ORDINANCE OF THE CITY OF GRAND PRAIRIE, TEXAS, ADOPTING THE FY 2020/2021 CAPITAL IMPROVEMENT PROJECTS BUDGET SUBMITTED BY THE CITY MANAGER OF

THE CITY OF GRAND PRAIRIE, TEXAS IN THE AMOUNT OF $50,053,324 WITH THE DETAIL BELOW BY FUND

WHEREAS, the City Managers of the City of Grand Prairie has prepared a budget providing the capital improvements project development for the City in FY 2020/2021; and

WHEREAS, the City Council has revised the budget and has directed certain modifications be made; and

WHEREAS, the appropriation for each project is based on an estimate of the cost even though the actual contract bid will vary.

NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GRAND PRAIRIE, TEXAS;

SECTION 1. THAT the City Council of the City of Grand Prairie hereby adopts the FY 2020/2021 Capital Improvement Projects Budget as prepared and assembled by the City Manager of Grand Prairie

is approved as follows:

Airport Capital Projects Fund	100,000
Capital Reserve Projects Fund	3,320,400
Fire Capital Projects Fund	3,452,388
IT Capital Projects Fund	1,230,101
Lake Capital Projects Fund	250,000
Library Capital Projects Fund	60,739
Municipal Facilities Projects Fund	5,593,016
Parks Capital Projects Fund	765,000
Storm Water Utility Capital Projects Fund	5,229,500
Streets Capital Projects Fund	12,733,680
Solid Waste Capital Projects Fund	200,000
Water Capital Projects Fund	14,479,000
Wastewater Capital Projects Fund	2,639,500
TOTAL CIP APPROPRIATIONS	50,053,324

PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF GRAND PRAIRIE, TEXAS, ON THIS THE 15TH OF SEPTEMBER, 2020.