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HomeMy WebLinkAbout2001-05-15 - AGENDA REPORTS - 2001/2002 BUDGET & CIP PROGRAM (2)CITY OF SANTA CI ARIITA INTEROFFICE MEMORANDUM TO: Mayor Weste & Members of the City C ncil FROM: George Caravalho, City Manager DATE: May 15, 2001 t_ SUBJECT: 2001-2002 BUDGET & CAPITAL IMPROVEMENT PROGRAM City Council review and comment on the proposed 2001-2002 Fiscal Year Budget and 2002-2006 Five-year Capital Improvement Program. BACKGROUND On May 8, 2001, the City Council received for review the proposed 2001-2002 Fiscal Year Budget and the 2002-2006 Five-year Capital Improvement Program. The proposed budget totals $127 million, which includes $6.5 million of public financing, $17.7 million of rebudgeted capital projects, and $48.9 million in proposed capital projects. Staff will provide the Council with an overview of the budget, including appropriations, revenues, and department budgets that are comprised of proposed projects, programs, and staffing for the upcoming fiscal year. In addition, staff will provide the Council with an overview of the City's Five Year Capital Improvement Program. Staff will be available to answer any questions that may arise concerning the budget, or the programs and projects represented therein. An additional Budget Study Session has been scheduled for Tuesday, May 29, 2001, which will allow additional time for discussion of the budget or to respond to the Council's budget questions. GAC:EG: 51me\budgeWRStudySeeeion\5. 159WTep n.dou ATTACHMENTS Priority Unfunded Capital Projects Recommended Capital Project Rebudget List / Proposed 2001-2002 Capital Improvement Budget Spreadsheet Agenda Item: FY 2001/02 CIP Budget Remaining Unfunded Priorities Project Description Requested FY 2001/02 Budget • San Fernando Road Corridor — Trail Improvements $100,000 • Property Acquisition — 38 Acre Site (Unimproved) $6,500,000 • Placerita Canyon Trail $50,000 • Children's Museum (Preliminary Design) $100,000 • City Hall Parking Structure $3,500,000 • Community Center Land Acquisition $3,000,000 • Golden Valley Road/Soledad Interchange (ROW) $2,767,000 • Road Maintenance - Overlay and Slurry Seal $3,011,800 • 2001/02 Median Beautification (Bouquet Canyon) $300,000 • 2001/02 Access Ramp Construction $160,000 • 2001/02 Stormwater Flowline Repair Program $100,000 • City Hall/Field Services Facility Building Improvements $240,000 • Santa Clarita Metrolink Facility $3,000,000 • San Fernando Road New Median $100,000 • Citywide Installation of LED Light Signals $400,000 • Santa Clarita Parkway — Via Princessa to Sierra Hwy./Design $300,000 • Shadow Pines Blvd. Bus Turn -Around $150,000 Total $239778,800 ekes/budgetl01_02bgU0102unfunded.doc REBUDGET OF FUNDS CIP Rebudget Requests FY 2000-01 to FY 2001-02 2001-02 Rebudget Request General Fund Other P0001 1999-2000 Park Rehabilitation Program $17,775 $17,775 $0 P0005 Acquisition of Open Space $2,000,000 $1,000,000 $1,000,000 S1035 Bouquet Canyon Road Bridge Widening $891,980 $891,980 B2007 Gateway Beautification $247,977 $10,000 $237,977 C3001 Golden Valley Road at Sierra Highway $137,465 $137,465 S4002 Haskell Canyon Road Improvements $548,340 $548,340 B2004/06 Lyons Avenue Median Landscaping $345,000 $345,000 C0016 2000-01 New Traffic Signal $20,000 $20,000 S4003 Newhall Ranch Rd.: Bouquet to Golden Valley $200,000 $200,000 P3001 Oak Springs Park $800,000 $800,000 T0014 Pedestrian Access to Bus Stops $102,000 $102,000 S2036 Placerita Canyon Road Backbone Sewer $332,000 $49,139 $282,861 T2002 Placenta Canyon Trail $50,000 $50,000 F2002 Rail Station Parking Expansion $2,011,381 $2,011,381 P0010 River Park Program $660,785 $660,785 C2001 San Fernando Road New Median $150,000 $150,000 T3008 Sand Canyon Trail Alignment $58,000 $58,000 T3002 Santa Clara River Trail $374,500 $374,500 S0003 Santa Clarita Parkway $700,874 $700,874 F3009 Santa Clarita Sports Complex Build Out (Aquatics) $5,790,157 $4,590,157 $1,200,000 D4001 Soledad Canyon Road and Sierra Highway $502,386 $62,386 $440,000 EI Nino Repairs S2003 Valley/Calgrove Street $200,000 $200,000 $0 S2039 Vermont/Everett Drive Improvements $20,000 $20,000 $0 P2001 Veterans Park $62,522 $20,485 $42,037 S3004 Via Princessa - Claybourne $1,300,000 $1,300,000 $0 B3002 Whites Canyon Road Beautification $200,000 $200,000 $17,723,142 $7,269,942 $10,453,200 CITY OF SANTA CLARITA FY 2001-2002 BUDGET REVENUE Infrastructure Bank @ 500,000 debt service for 15 yrs. 5,000,000 CDBG Sec. 108 Loan @ 200,000 debt serv. For 10 yrs. 1,500,000 General Fund Balance 3,500,000 GRAND TOTAL: 10,000,000 OPERATING Architectural Design Consultants (1) School Deputy CAPITAL 60,000 140,000 TOTAL OPERATING: 200,000 Road Maintenance - Slurry & Overlay 375,000 Golden Valley Rd. Interim Improvements 1,400,000 Newhall Partners - GVR Sierra to Hwy 14 1,100,000 Whitney Canyon Improvements 500,000 Aquatics Center (additional) 2,500,000 Practice Fields 1,400,000 Beazer Property - Open Space 400,000 Haskell Cyn Bridge 375,000 Sand Cyn Swales 100,000 Newhall Parking Lot - Lease Improvments 150,000 Scherzinger Lane Improvments 1,150,000 Boys & Girls Club - Additional 350,000 TOTAL CAPITAL 9,800,000 GRAND TOTAL: 10,000,000 s4ns\bud9et01 \finaf budg 9vst.xls