HomeMy WebLinkAboutFY18 Capital PresentationFY 2018 Capital Projects
Review/Town
Administration
Recommendations
Board of Selectmen
September 28, 2016
Capital Projects Recommendations
FY18 Capital recommendations total $125,993,209
which is an increase of $91,803,209 over the current
Long Term Capital Financing Plan
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DEPARTMENT
ORIGINAL
FY18 CAPITAL PLAN AMENDED FY18 CAPITAL PLAN CHANGE
DPW 6,910,000 890,000 (6,020,000)
Facilities - 324,059 324,059
Fire Department 705,000 379,000 (326,000)
Our Island Home 2,500,000 37,500,000 35,000,000
Sewer - 80,000,000 80,000,000
Police 100,000 930,150 830,150 Town Administration 20,850,000 850,000 (20,000,000)
Transportation 1,925,000 3,695,000 1,770,000
Total Town of Nantucket 32,990,000 124,568,209 91,578,209
Nantucket Public Schools 1,200,000 1,425,000 225,000
Total General Fund 34,190,000 125,993,209 91,803,209
Capital Projects Recommendations
The FY18 changes to the DPW Capital
requests were:
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Amended FY18 Capital Plan 890,000
Original FY18 Capital Plan 6,910,000
Change (6,020,000)
Reconciliation of Changes
Moved Public Works garage from FY18 to FY19 (3,000,000)
Moved sidewalk improvement plan into transportation from DPW (1,000,000)
Moved Surfside Area road reconstruction into Transportation from DPW (1,000,000)
Moved Island Wide road improvements/maintenance to Transportation from DPW (900,000)
Moved road takings - Friendship/Somerset Area from Transportation to DPW (250,000)
Moved purchase of a sweeper from FY18 to FY20 (250,000)
Increased cost estimate for 1 ton dump truck w/plow 10,000
Moved tractor purchase from FY18 to FY2019 (180,000)
Moved purchase of bucket truck with chipper from FY20 to FY18 250,000
Added purchase of new grader to FY18 200,000
Added purchase of a new leaf/rubbish vacuum truck 100,000
Total Changes to Plan (6,020,000)
DPW
Capital Projects Recommendations
The FY18 changes to the Facilities Dept.
Capital requests were:
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Amended FY18 Capital Plan 324,059.00
Original FY18 Capital Plan -
Change 324,059.00
Reconciliation of Changes
Renovations/Maintenance at 20 S. Water St Bldg 269,617.00
Renovations/Maintenance at 3 E. Chestnut St Bldg 10,000.00
Renovations/Maintenance at Visitor Services Bldg 5,000.00
Renovations/Maintenance at 2 Fairgrounds Rd Bldg 9,443.00
Renovation/maintenance - DPW Admin Bldg 30,000.00
Total Changes to Plan 324,060.00
FACILITIES
Capital Projects Recommendations
The FY18 changes to the Fire Dept. Capital
requests were:
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Amended FY18 Capital Plan 379,000
Original FY18 Capital Plan 705,000
Change (326,000)
Reconciliation of Changes
Sconset Fire Station Improvement Feasibility Study 100,000
Ambulance 1 Replacement (270,000)
Replace Engine 7 (165,000)
Change in pricing for Ambulance 2 Replacement 9,000
Total Changes to Plan (326,000)
FIRE
Capital Projects Recommendations
The FY18 changes to the Our Island Home
Capital requests were:
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Amended FY18 Capital Plan 37,500,000
Original FY18 Capital Plan 2,500,000
Change 35,000,000
Reconciliation of Changes
Moved Building Costs for New OIH into FY18 from FY19 35,000,000
Total Changes to Plan 35,000,000
Our Island Home
Capital Projects Recommendations
The FY18 changes to the Sewer Capital
requests were:
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Amended FY18 Capital Plan 80,000,000.0
Original FY18 Capital Plan -
Change 80,000,000.0
Reconciliation of Changes
Moved Somerset and Madaket/Warren's Landing needs areas to FY18 from FY17 80,000,000
Total Changes to Plan 80,000,000
SEWER
Capital Projects Recommendations
The FY18 changes to the Police Capital
requests were:
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Amended FY18 Capital Plan 930,150
Original FY18 Capital Plan 100,000
Change 830,150
Reconciliation of Changes
Removal of Replacement Boat for Harbormaster (100,000)
Nantucket Public Safety Radio System upgrade 930,150
Total Changes to Plan 830,150
POLICE
Capital Projects Recommendations
The FY18 changes to the Town
Administration Capital requests were:
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Amended FY18 Capital Plan 850,000
Original FY18 Capital Plan 20,850,000
Change (20,000,000)
Reconciliation of Changes
Moved New Municipal Bldg to FY19 from FY18 (20,000,000)
Total Changes to Plan (20,000,000)
TOWN ADMINISTRATION
Capital Projects Recommendations
The FY18 changes to the Transportation
Dept. Capital requests were.
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Amended FY18 Capital Plan 3,695,000.00
Original FY18 Capital Plan 1,925,000.00
Change 1,770,000.00
Reconciliation of Changes
Moved sidewalk improvement plan into transportation from DPW 1,000,000.00
Moved Surfside Area reconstruction into Transportation from DPW 1,000,000.00
Moved Island Wide road improvements/maintenance to Transportation from DPW 900,000.00
Moved road takings - Freindship/Somerset Area from Transportation to DPW 250,000.00
Moved Old South Rd/Fairgrounds Rd Rotary to Transportation from PLUS 150,000.00
Moved Road Construction Fairgrounds to Monomoy Rd to FY2022 (350,000.00)
Moved Somerset Ln/Raceway Drive multi use path to FY2025 (800,000.00)
Added Recessed Road Reflectors for FY18 120,000.00
Removed Vesper Lane Sidewalk construction (500,000.00)
Total Changes to Plan 1,770,000.00
TRANSPORTATION
Capital Projects Recommendations
The FY18 changes to the Nantucket Public
Schools Capital requests were.
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Amended FY18 Capital Plan 1,425,000
Original FY18 Capital Plan 1,200,000
Change 225,000
Reconciliation of Changes
Cost Estimate reduction for NPS/CPS paving (100,000)
Cost estimate reduction for the NHS/CPS HVAC upgrade (50,000)
New playgrounds - Backus Lane 375,000
Total Changes to Plan 225,000
NANTUCKET PUBLIC SCHOOLS
Capital Projects Recommendations
Pending Items that need more information
◦Seasonal Dormitory Housing
◦Land Acquisition – NPS
◦Affordable Housing Trust Fund
◦Senior Center
◦Marine Dept. Building
◦Municipal Office Building
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Capital Projects Recommendations
Projected impact to tax rate:
◦For a home valued at $1,784,378 the impact is projected to be $459.37
◦For a home valued at $1,144,544 the impact is projected to be $294.65
Tax rate impact calculated for the first year of debt service, which is when the largest impact to the tax rate will occur. There has been no smoothing of the debt in the calculation.
Additional funding sources not yet factored in.
Does not include Sewer Enterprise Fund, Solid Waste, Wannacomet, or Our Island Home Capital requests.
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