Fort Walton Beach — Fiscal Year 2022-23 Adopted Budget — reading text

- Debt Financing - Other Outside Funding - Revenue Enhancements - - - - - - Total Revenue Funding: 50,000 - - - - 50,000 50,000 Strategy #1: Economic Diversification & Resiliency Insert Picture Here 193 City of Fort Walton Beach, Florida FY 2023 - 2027 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: City of FWB Recreation Complex Addition "Phase 3" Responsible Department: Recreation & Cultural Services Neighborhood/Loc Seabreeze Responsible Division: Parks Project Manager: Jeff Peters Project Category: Park Facilities Project Type: Multi-Year Project Number: Estimated Useful Life (years): 25 Criteria Type: Continues Existing Project Projected Date of Completion: 09/30/24 Project Description/Justification: Add on to existing Athletic Complex that was constructed in 2016. Current facility has 10 fields. The new addition would add 4 more multipurpose fields. FY 2023 Construct 4 Lighted Multipurpose Athletic Fields, Parking, Restroom building, storage, and exercise trail FY 2024 FY 2025 FY 2026 FY 2027 BUDGETED EXPENDITURE SCHEDULE FY FY FY FY FY Five Year Total Project Elements: 2023 2024 2025 2026 2027 Total Project Cost Improvements 3,000,000 500,000 500,000 500,000 500,000 5,000,000 Furniture/Fixture/Equip. - - - - - - Operational Impact - - - - - - Total Expenditures 3,000,000 500,000 500,000 500,000 500,000 5,000,000 5,000,000 Expenses From Prior Year(s): Funded from Prior Yr. Revenue: $0 Prior Year Activity on Project: FY 2022 Demo old Public Works Site FY 2021 Master Plans completed for Phase 3 FY 2020 Completed Volleyball Complex FY 2019 Completed Skatepark FY 2018 Completed Preston Hood Athletic Complex FY FY FY FY FY Five Year Total Revenue Funding Summary: 2023 2024 2025 2026 2027 Total Revenue City Funding 2,500,000 - 2,500,000 Grant Funding - - - Debt Financing - Other Outside Funding 500,000 500,000 500,000 500,000 500,000 2,500,000 Revenue Enhancements - - - - - - Total Revenue Funding: 3,000,000 500,000 500,000 500,000 500,000 5,000,000 5,000,000 Strategy #1: Economic Diversification & Resiliency Insert Picture Here 194 City of Fort Walton Beach, Florida FY 2023 - 2027 Budget Capital Improvement Program (CIP) (For Projects/Equipment Costing Over $25,000 and Estimated Useful Life of Ten Years or Greater) Priority No. 4 Project Title: Sidewalk Improvements Responsible Department: Utility Services Neighborhood/Loc Citywide Responsible Division: Streets Project Manager: Daniel Payne Project Category: Infrastructure Project Type: Multi-Year Project Number: 5306 Estimated Useful Life (years): 25 Criteria Type: Improve Existing Svs/Infrastructure Projected Date of Completion: 09/30/23 Project Description/Justification: The project constructs new and infill sidewalks for the purpose of providing a pedestrian transportation network throughout the entire City that will link the residential neighborhoods to each other and to public, recreational and commercial land uses. The City has categorized sidewalks into two distinct areas: high needs areas around schools and residential areas outside those areas routinely traveled by school children. The project objective is to install sidewalks on at least one side of all residential local streets and on both sides of all collector and arterial roadways. FY 2023 List Subject to Segments identified in 5-Year Sidewalk Connectivity Plan per City Strategic Plan FY 2024 List Subject to Segments identified in 5-Year Sidewalk Connectivity Plan per City Strategic Plan FY 2025 List Subject to Segments identified in 5-Year Sidewalk Connectivity Plan per City Strategic Plan FY 2026 List Subject to Segments identified in 5-Year Sidewalk Connectivity Plan per City Strategic Plan FY 2027 List Subject to Segments identified in 5-Year Sidewalk Connectivity Plan per City Strategic Plan BUDGETED EXPENDITURE SCHEDULE FY FY FY FY FY Five Year Total Project Elements: 2023 2024 2025 2026 2027 Total Project Improvements 150,000 150,000 150,000 150,000 150,000 750,000 Furniture/Fixture/Equip. - - - - - - Operational Impact - - - - - - Total Expenditures 150,000 150,000 150,000 150,000 150,000 750,000 775,000 Expenses From Prior Year(s): $25,000 Funded from Prior Yr. Revenue: $25,000 Prior Year Activity on Project: Lake Drive NW from Memorial Parkway to 321 Lake Drive NW, Hollywood Blvd NW from north side of right-of-way from west property line of 6 Beal Pkwy NW to Beak Pkwy, Robinwood Drvie NW from west side of right-of-way from Hollywood Blvd NW to Jet Drive NW, First Street SW from north side of right-of-way from Robinwood Drive SW to St FY 2022 Mary Avenue SW then to the south driveway of 119 St Mary Avenue SW, Walter Martin Road NE from north side of the right-of-way from Beal Pkwy, NE to west property line of 100 Eglin Pkwy NE, and Alder Avenue SE from west side of right-of-way from south property line of 14 Alder Avenue SE to Fourth Street SE. FY 2021 Cinderella Lane / Various Areas FY 2020 California Drive NE from 126 California Drive NE to Oregon Drive NE (Bud Day Trail Extension) FY 2019 N/A FY 2018 N/A FY FY FY FY FY Five Year Total Revenue Funding Summary: 2023 2024 2025 2026 2027 Total Revenue City Funding 150,000 150,000 150,000 150,000 150,000 750,000 Grant Funding - - - Debt Financing - Other Outside Funding - Revenue Enhancements - - - - - - Total Revenue Funding: 150,000 150,000 150,000 150,000 150,000 750,000 775,000 Strategy #1: Economic Diversification & Resiliency Insert Picture Here 195 City of Fort Walton Beach, Florida FY 2023 - 2027 Budget Capital Improvement Program (CIP) (For Projects/Equipment Costing Over $25,000 and Estimated Useful Life of Ten Years or Greater) Priority No. 2 Project Title: Street Resurfacing Responsible Department: Utility Services Neighborhood/Loc Citywide Responsible Division: Streets Project Manager: Daniel Payne Project Category: Infrastructure Project Type: Multi-Year Project Number: 5018 Estimated Useful Life (years): 25 Criteria Type: