Fort Walton Beach — Fiscal Year 2019-20 Adopted Budget — reading text

- Revenue Enhancements 9,600 9,600 9,600 9,600 9,600 48,000 Total Revenue Funding: 35,000 75,000 25,000 80,000 40,000 255,000 320,000 Strategy #2: A Government that Maximizes the City 174 City of Fort Walton Beach, Florida FY 2020 - 2024 Budget Capital Improvement Program (CIP) (For Projects/Equipment Costing Over $25,000 and Estimated Useful Life of Ten Years or Greater) Priority No. Project Title: City of Fort Walton Beach Landing Responsible Department: Recreation & Cultural Services Neighborhood/Loc East Miracle Strip Responsible Division: Parks Project Manager: Jeff Peters Project Category: Park Facilities Project Type: Multi-Year Project Number: Estimated Useful Life (years): 25 Criteria Type: Expanded Service Projected Date of Completion: 09/30/20 Project Description/Justification: The Landing renovation includes an entire Park renovation including new boardwalks, stage reconstruction, park slope grading, palyground equipment and Splash Pad, shade structures, parking lot renovation, and on street parking restructure. Park enhancement will open up park for FY 2020 Stage, Boardwalk FY 2021 Grading,Splash pad, Parking, Playground FY 2022 FY 2023 FY 2024 BUDGETED EXPENDITURE SCHEDULE FY FY FY FY FY Five Year Total Project Elements: 2020 2021 2022 2023 2024 Total Project Cost Improvements 1,100,000 1,100,000 - - - 2,200,000 Furniture/Fixture/Equip. - - - - - - Operational Impact - - - - - - Total Expenditures 1,100,000 1,100,000 - - - 2,200,000 2,200,000 Expenses From Prior Year(s): $0 Funded from Prior Yr. Revenue: $0 Prior Year Activity on Project: FY 2019 FY 2018 FY 2017 FY 2016 FY 2015 FY FY FY FY FY Five Year Total Revenue Funding Summary: 2020 2021 2022 2023 2024 Total Revenue City Funding - - - - - - Grant Funding 1,100,000 1,100,000 - - - 2,200,000 Debt Financing - - - - - - Other Outside Funding - - - - - - Revenue Enhancements - - - - - - Total Revenue Funding: 1,100,000 1,100,000 - - - 2,200,000 2,200,000 Strategy #3: Support Intelligent Growth 175 City of Fort Walton Beach, Florida FY 2020 - 2024 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 Oakland 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: 09/30/22 Project Description/Justification: FY 2020 Master Plans completed for Phase 3 FY 2021 Demo site of all old buildings FY 2022 Construct 3 Lighted Multipurpose Athletic Fields, Parking, Restroom building, storage, and exercise trail FY 2023 FY 2024 BUDGETED EXPENDITURE SCHEDULE FY FY FY FY FY Five Year Total Project Elements: 2020 2021 2022 2023 2024 Total Project Cost Improvements 100,000 - 1,750,000 1,850,000 Furniture/Fixture/Equip. - - - - - Operational Impact - - - - - - Total Expenditures 100,000 - 1,750,000 - - 1,850,000 Expenses From Prior Year(s): Funded from Prior Yr. Revenue: $0 Prior Year Activity on Project: FY 2019 FY 2018 Completed Volleyball Complex FY 2017 Completed Skatepark FY 2016 Completed Preston Hood Athletic Complex FY 2015 Completed Recreation Center FY FY FY FY FY Five Year Total Revenue Funding Summary: 2020 2021 2022 2023 2024 Total Revenue City Funding - Grant Funding - Debt Financing - Other Outside Funding - Revenue Enhancements 100,000 1,750,000 1,850,000 Total Revenue Funding: 100,000 - 1,750,000 - - 1,850,000 1,850,000 Strategy #2: A Government that Maximizes the City 176 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: Commerce Technology Park - Infrastructure and Technology Responsible Department: Public Works Neighborhood/Loc W.E. Combs Responsible Division: Planning & Zoning Project Manager: Chris Frassetti Project Category: Infrastructure Project Type: Multi-Year Project Number: Estimated Useful Life (years): 50 Criteria Type: Improve Existing Svs/Infrastructure Projected Date of Completion: 09/30/29 Project Description/Justification: The Commerce Technology Park Master plan identified (3) three, infrastructure projects necessary for the continued safe growth of the park. FY 2020 Design for all three projects FY 2021 FY 2022 FY 2023 Curb and Gutter Hollywood FY 2024-2029 Curb and Gutter Lovejoy, WIFI to parks and bus shelters BUDGETED EXPENDITURE SCHEDULE FY FY FY FY FY 10 Year Total Project Elements: 2020 2021 2022 2023 2024-29 Total Project Cost Improvements 25,000 20,000 220,000 - 265,000 Furniture/Fixture/Equip. - - - - - - Operational Impact - Total Expenditures 25,000 - 20,000 220,000 - 265,000 265,000 Expenses From Prior Year(s): $0 Funded from Prior Yr. Revenue: $0 Prior Year Activity on Project: FY 2019 FY 2018 FY 2017 FY 2016 FY 2015 FY FY FY FY FY Five Year Total Revenue Funding Summary: 2020 2021 2022 2023 2024-29 Total Revenue City Funding - Grant Funding