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Home My WebLink AboutCapital Projects Presentation to BOS 10 07 2015Capital Projects Review FY17 Capital project requests total $32,207,800 which is an increase of $18,107,800 over the current Capital Improvement Plan 2 CATEGORY Current FY2017 Requests FY2017 Req Per Long-Term Cap Plan FY17 Dollar Change to Long-Term Cap Plan General Government Beaches, Parks, & Ponds $0 $0 $0 Bike Paths & Sidewalks $2,395,800 $700,000 $1,695,800 Buildings $15,000,000 $4,100,000 $10,900,000 Non-Buildings Assets $7,175,000 $6,500,000 $675,000 Public Records $0 $0 $0 Real Estate $0 $0 $0 Road Improvements $5,640,000 $2,000,000 $3,640,000 Technology $325,000 $175,000 $150,000 Vehicles & Equipment $1,672,000 $625,000 $1,047,000 Fiscal Year Subtotal $32,207,800 $14,100,000 $18,107,800 less alt funding sources ($1,455,000)$0 ($1,455,000) Nantucket Public Schools*$1,125,000 $1,700,000 ($575,000) GOVT & SCHOOL TOTAL $31,877,800 $15,800,000 $16,077,800 Capital Projects Review The FY17 requests for Bike Paths and Sidewalks increased by $1,695,800 from the current Capital Improvement Plan 3 PROJECT DEPT. Current FY2017 Requests FY2017 Req Per Long-Term Cap Plan FY17 Dollar Change to Long-Term Cap Plan Prospect St Sidewalk: End of Existing Bike Path to Quaker Rd/Vestal Street DPW/PLUS $380,000 $380,000 Somerset Bike Path - Design DPW/PLUS $0 $500,000 ($500,000) In-Town Bike Path Design (Supplemental funding)DPW/PLUS $200,000 $200,000 $0 In-Town Bike Path Ph2- Orange St-Spruce to Rotary-1800' TIP2021 (Land takings)DPW/PLUS $75,000 $75,000 In-Town Bike Path Ph3 Washington St to Town-2000' TIP 2020 (Land takings)DPW/PLUS $75,000 $75,000 Sparks Avenue Sidewalk Improvements DPW/PLUS $95,000 $95,000 Wauwinet Bike Path Design Grant (Local share if grant approved)DPW $70,800 $70,800 Repair/widening and adding sidealks downtown DPW $1,500,000 $1,500,000 sub total $2,395,800 $700,000 $1,695,800 less alt funding sources Fiscal Year Total Request $2,395,800 $700,000 $1,695,800 Capital Projects Review The FY17 requests for Public Buildings resulted in an increase of $10,900,000 from the current Capital Improvement Plan 4 PROJECT BUILDING Current FY2017 Requests FY2017 Req Per Long-Term Cap Plan FY17 Dollar Change to Long- Term Cap Plan New Female Quarters Fire $100,000 ($100,000) 2 Fairgrounds Road Municipal Building Construction Town Admin $10,000,000 $4,000,000 $6,000,000 Brant Point Shellfish Propagation Facility Rehabilitation/Restoration Natural Resources $1,300,000 $1,300,000 Nobadeer Farm Rd Fieldhouse Public Works $700,000 $700,000 Our Island Home Design Town Admin $2,500,000 $2,500,000 Childrens Beach Concession Town Admin $500,000 $500,000 Jetties Beach Concession Town Admin $15,000,000 $4,100,000 $10,900,000 less alt funding sources - CPC funds ($875,000)($875,000) Fiscal Year Total $14,125,000 $4,100,000 $10,025,000 Capital Projects Review The FY17 requests in the Non Building Assets category increased by $675,000 from the Capital Improvement Plan 5 ASSET DEPT. Current FY2017 Requests FY2017 Req Per Long-Term Cap Plan FY17 Dollar Change to Long- Term Cap Plan Stormwater Improvements - Phase 2 (design & construction)DPW $6,500,000 $6,500,000 $0 F Street Bulkhead Marine/Public Safety $425,000 $425,000 Repairs/Improv. Children's Beach Boat Ramp Marine/Public Safety $150,000 $150,000 Town Fueling Station Town Admin $100,000 $100,000 Fiscal Year Total $7,175,000 $6,500,000 $675,000 Fiscal Year Total $7,175,000 $6,500,000 $675,000 Capital Projects Review The FY17 requests in the Roads category increased by $3,390,000 from the Capital Improvement Plan 6 PROJECT DEPT. Current FY2017 Requests FY2017 Req Per Long-Term Cap Plan FY17 Dollar Change to Long- Term Cap Plan Mid-Island / School Area Roadway Acquisitions DPW/PLUS $100,000 $100,000 $0 Surfside Area Reconstruction Ph.2 DPW $1,000,000 $1,000,000 $0 Bartlett/Surfside Roundabout TIP 2017/2018 - Design DPW/PLUS $150,000 $150,000 Road Improvements/Maintenance - Island Wide DPW $900,000 $900,000 $0 First Way Improvement DPW $2,990,000 $2,990,000 Road takings-Friendship/Somerset DPW/PLUS $250,000 $250,000 Road takings-Winn St DPW/PLUS $250,000 $250,000 $0 Fiscal Year Total $5,640,000 $2,000,000 $3,390,000 Alt Funding: Sewer Enterprise Fund (First Way) Fiscal Year Total $5,640,000 $2,000,000 $3,390,000 Capital Projects Review The FY17 requests in the Technology category have increased by $150,000 from the Capital Improvement Plan 7 EQUIPMENT DEPT. Current FY2017 Requests FY2017 Req Per Long-Term Cap Plan FY17 Dollar Change to Long- Term Cap Plan Servers IS, Various $75,000 $75,000 $0 Network: Infrastructure IS $100,000 $100,000 $0 Permit tracking software Town Admin $150,000 $150,000 Fiscal Year Total $325,000 $175,000 $150,000 Capital Projects Review The FY17 requests in the Vehicles category have increased by $1,047,000 from the Capital Improvement Plan 8 VEHICLE/EQUIPMENT DEPT Current FY2017 Requests FY2017 Req Per Long-Term Cap Plan FY17 Dollar Change to Long-Term Cap Plan Asphalt Recycler and Hot Box DPW $110,000 $110,000 10 Wheel Dump Truck (3)DPW $200,000 $200,000 Pick-up Truck With Plow DPW $60,000 $50,000 $10,000 Replacement 6 Wheel Dumptruck (4)DPW $190,000 $190,000 Van for Facilities DPW $42,000 $42,000 Engine E-3 (2002 Madaket)Fire $375,000 ($375,000) Engine E-7 (1988)Fire $450,000 $450,000 Administration Trailer Fire $200,000 ($200,000) Ambulance 1 (2007)Fire $270,000 $270,000 Ambulance 2 (2006)Fire $270,000 $270,000 Off-Road Ambulance Fire $80,000 $80,000 Fiscal Year Total $1,672,000 $625,000 $1,047,000 *Ambulance Reserve Fund ($540,000)($540,000) **Potential Gift ($40,000)($40,000)Fiscal Year Total less alt funding source $1,092,000 $625,000 $467,000 Capital Projects Review The FY17 requests from the Nantucket Public Schools has decreased by $575,000 from the Long-Term Capital Financing Plan 9 PROJECT Current FY2017 Requests FY2017 Req Per Long-Term Cap Plan FY17 Dollar Change to Long-Term Cap Plan NHS Building Improvements NHS $250,000 $100,000 $150,000 NHS/CPS Window Replacement NHS/CPS $150,000 $150,000 $0 CPS Building Improvements CPS $0 $200,000 ($200,000) NES Building Improvements NES $0 $100,000 ($100,000) NES HVAC Upgrade NES $300,000 $350,000 ($50,000) Upgrade/Replace Large HVAC NPS/CPS $0 $800,000 ($800,000) NHS Auditorium upgrades NHS $125,000 $125,000 NHS/CPS Façade Repair and Paint NHS/CPS $250,000 $250,000 NES Grounds 4 Wheel Truck with Plow NES $50,000 $50,000 less alt funding sources $0 Fiscal Year Total $1,125,000 $1,700,000 ($575,000) $1,125,000 $1,700,000 ($575,000) Capital Projects Review Projects for discussion: Real Estate acquisition: Affordable Housing Trust; School 2 Fairgrounds Municipal Building: Timing; location; supplemental design funds Baxter Rd alternate access construction: timing Repurpose/use studies for: 20 South Water/1 East Chestnut/25 Federal 37 Washington St – Marine Seasonal Housing: Where; timing Current Projects: Brant Point Boathouse Children's Beach Concession Our Island Home 10 Capital Projects Review Projected impact to tax rate: (based on borrowing everything; subject to Prop 2 ½ approvals) For a home valued at $1,684,585 the impact is projected to be $256.38 For a home valued at $1,092,299 the impact is projected to be $166.24 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 this current calculation. 11 Capital Projects Review Notes Additional funding sources not yet factored in Free Cash, Prior Year re-appropriations, Budgetary Capital, Gift Funds (minimal), Real Estate sales account Does not include Enterprise Fund Capital requests Does not include General Fund portion of Sewer: Monomoy/Plus $33,542,000 Madaket/Warrens Landing/Somerset $61,946,000 12 Capital Projects Review Questions? 13