From
Kathleen Mercer
Title
Second Public Hearing and adoption of the FY 2019/2020 Capital Improvement Projects Budget and Ordinance adopting the FY 2019/2020 Capital Improvement Projects Budget
Presenter
Kathleen Mercer, Director of Budget/Purchasing
Recommended Action
Conduct Second Public Hearing and Approve
Analysis
On August 6, 2019 the City Manager’s proposed budget was submitted to the City Council. An overview of the proposed budget was presented to the City Council at the briefing session. The City Council met to deliberate the proposed budget at the workshop on August 22, 2019.
Financial Consideration
The FY 2019/2020 Capital Improvement Projects Budgets proposed total is $71,534,691. Detail by fund for the Proposed FY 2019/2020 Capital Improvement Projects Budgets are summarized as follows:
Proposed Appropriations : $71,534,691
Airport 217,965
Capital Reserve 433,046
EPIC 400,000
EPIC Central 400,000
Fire 9,223,833
IT 1,632,900
Lake 3,204,000
Library 255,000
Municipal Facilities 8,531,120
Parks 2,523,000
Police 723,500
Storm Water 6,045,000
Streets 16,275,760
Solid Waste 762,300
Water 12,611,603
Wastewater 8,299,664
Funding sources:
Cash/Other resources 32,429,808
Certificates of Obligation 32,981,977
Revenue Bonds 5,305,164
Cost of Issuance 817,742
Body
AN ORDINANCE OF THE CITY OF GRAND PRAIRIE, TEXAS, ADOPTING THE FY 2019/2020 CAPITAL IMPROVEMENT PROJECTS BUDGESUBMITTEDED BY THE CITY MANAGER OF THE CITY OF GRAND PRAIRIE, TEXAS IN THE AMOUNT OF $71,534,691 WITH THE DETAIL BELOW BY FUND
WHEREAS, the City Managers of the City of Grand Pra...
Click here for full text