Fort Walton Beach — Fiscal Year 2021-22 Adopted Budget — reading text

Completion: 09/30/22 Project Description/Justification: This project is consistant with the City's Strategic Objective of Providing a safe and livable community to citizens while achieving the goal of providing a safe, multi-model transportation network troughout the city. The City currently has a large network of street lighting throughout the City limits. Certain areas around the City do not have street light locations and there is no lighting. Other areas around the city have lighting but it is inadequate and could stand to be converted from low sodium "orange" type lighting to LED's. The conversion of city street lights will be in conjunction with Gulf Power. FY 2022 Upgrading State Roads Eglin Parkway, Beal Parkway, U.S. Highway 98, Ferry Road (City Limts only) FY 2023 FY 2024 Upgrading City Arterial Roadways FY 2025 FY 2026 Upgrading City Collector Roadways BUDGETED EXPENDITURE SCHEDULE FY FY FY FY FY Five Year Total Project Elements: 2022 2023 2024 2025 2026 Total Project Improvements 25,000 25,000 25,000 75,000 Furniture/Fixture/Equip. - - - - - - Operational Impact - - - - - - Total Expenditures 25,000 - 25,000 - 25,000 75,000 75,000 Expenses From Prior Year(s): $0 Funded from Prior Yr. Revenue: $0 Prior Year Activity on Project: FY 2021 N/A FY 2020 N/A FY 2019 N/A FY 2018 N/A FY 2017 N/A FY FY FY FY FY Five Year Total Revenue Funding Summary: 2022 2023 2024 2025 2026 Total Revenue City Funding 12,500 25,000 25,000 62,500 Grant Funding - - - Debt Financing - Other Outside Funding 12,500 12,500 Revenue Enhancements - - - - - - Total Revenue Funding: 25,000 - 25,000 - 25,000 75,000 75,000 Strategy #1: Economic Diversification & Resiliency Insert Picture Here 196 City of Fort Walton Beach, Florida Sales Tax Project Capital Improvement Program (CIP) (For Projects/Equipment Costing Over $25,000 and Estimated Useful Life of Ten Years or Greater) Priority No. Project Title: Community Redvelopment Area (CRA) Wayfinding Signage System Responsible Department: Community Redvelopment Neighborhood/Loc East Miracle Strip Responsible Division: Planning & Zoning Project Manager: Chris Frassetti Project Category: Infrastructure Project Type: Multi-Year Project Number: Estimated Useful Life (years): 30 Criteria Type: Improve Existing Svs/Infrastructure Projected Date of Completion: 09/30/29 Project Description/Justification: The Community Redevelopment Area (CRA) Plan identifies locations for updated wayfinding signage through the CRA to establish a unique identity for the CRA and enhance the CRA's vision to improve economic development, quality of life, and sense of community. FY 2022 Design of CRA wayfinding signage program FY 2023 Install wayfinding in West Waterfront, South Beal Pkwy, & Uptown Industrial Districts FY 2024 Install wayfinding in Eglin Commercial, Health and Wellness, & Central Residential Districts FY 2025 Install wayfinding in Downtown Core District FY 2026-30 Install wayfinding in Downtown Core District BUDGETED EXPENDITURE SCHEDULE FY FY FY FY FY 10 Year Total Project Elements: 2022 2023 2024 2025 2026-30 Total Project Cost Improvements 65,000 65,000 50,000 10,000 190,000 Furniture/Fixture/Equip. - - - - - - Operational Impact - Total Expenditures 65,000 65,000 50,000 - 10,000 190,000 190,000 Expenses From Prior Year(s): $0 Funded from Prior Yr. Revenue: $0 Prior Year Activity on Project: FY 2022 FY 2023 FY 2024 FY 2025 FY 2026-30 FY FY FY FY FY Five Year Total Revenue Funding Summary: 2022 2023 2024 2025 2026-30 Total Revenue City Funding 65,000 65,000 50,000 10,000 190,000 Grant Funding - Debt Financing - Other Outside Funding - Revenue Enhancements (1/2 Cent) - - Total Revenue Funding: 65,000 65,000 50,000 - 10,000 190,000 190,000 Strategy #1: Safe and Livable Community for Citizens 197 City of Fort Walton Beach, Florida FY 2022 - 2026 Budget Capital Improvement Program (CIP) (For Projects/Equipment Costing Over $25,000 and Estimated Useful Life of Ten Years or Greater) Priority No. 1 Project Title: Water Meter Replcement Responsible Department: Utility Services Neighborhood/Loc Citywide Responsible Division: Water Distribution Project Manager: Daniel Payne Project Category: Infrastructure Project Type: Multi-Year Project Number: 5056 Estimated Useful Life (years): 10 Criteria Type: Improve Existing Svs/Infrastructure Projected Date of Completion: 09/30/23 Project Description/Justification: Meter replacement for residential and commerical meters. The existing meters and registers are no longer supported by the manufacturer and issues with metering are currently being experienced. Replacement will be based on zones throughout the City. FY 2022 Zone Specified at a Later Date FY 2023 Zone Specified at a Later Date FY 2024 Zone Specified at a Later Date FY 2025 Zone Specified at a Later Date FY 2026 Zone Specified at a Later Date BUDGETED EXPENDITURE SCHEDULE FY FY FY FY FY Five Year Total Project Elements: 2022 2023 2024 2025 2026 Total Project Improvements 1,000,000 1,000,000 2,000,000 Furniture/Fixture/Equip. - - - - - - Operational Impact - - - - - - Total Expenditures 1,000,000 1,000,000 - - - 2,000,000 2,000,000 Expenses From Prior Year(s): $0 Funded from Prior Yr. Revenue: $0 Prior Year Activity on Project: FY 2021 N/A FY 2020 N/A FY 2019 N/A FY 2018 N/A FY 2017 N/A FY FY FY FY FY Five Year Total Revenue Funding Summary: 2022 2023 2024 2025 2026 Total Revenue City Funding 1,000,000 1,000,000 2,000,000 Grant Funding - - - - - - Debt Financing - - - - - - Other Outside Funding - - - - - - Revenue Enhancements - - - - - - Total Revenue Funding: 1,000,000 1,000,000 - - - 2,000,000 2,000,000 Strategy #1: