Attachment A - 2024-25 Tentative 5 of 6 Capital Budget (Ord S-XXXXX).pdf
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- 1 - S-##### ATTACHMENT A THIS IS A DRAFT COPY ONLY AND IS NOT AN OFFICIAL COPY OF THE FINAL, ADOPTED ORDINANCE ORDINANCE S-##### AN ORDINANCE ADOPTING THE TENTATIVE CAPITAL FUNDS BUDGET FOR THE CITY OF PHOENIX FOR THE FISCAL YEAR 2024-25. BE IT ORDAINED BY THE COUNCIL OF THE CITY OF PHOENIX as follows: SECTION 1. The schedule set forth as Section 2 below is hereby adopted as the tentative 2024-25 Capital Funds Budget for capital improvements to be made from authorized property tax and revenue supported bond proceeds, nonprofit corporation bond financing, federal and state participation funds, passenger facility charges, customer facility charges, participation by other governmental entities in certain projects, development impact fees, capital grants, capital reserves, solid waste remediation funds and other capital funding sources, for the year beginning July 1, 2024, and ending June 30, 2025. SECTION 2. This Council has determined and adopted the following estimates of proposed Capital expenditure improvements for the various purposes therein named for the fiscal year beginning July 1, 2024, and ending June 30, 2025. Appropriation Amount 2024-25 Purpose - 2 - S-##### ARTS AND CULTURAL FACILITIES 2001 General Obligation Bonds, 2023 General Obligation Bonds $18,716,343 AVIATION Aviation Bonds, Capital Grants, Customer Facility Charges, Passenger Facility Charges $809,737,804 ECONOMIC DEVELOPMENT 2023 General Obligation Bonds $5,250,000 ENVIRONMENTAL PROGRAMS 2023 General Obligation Bonds $1,000,000 FACILITIES MANAGEMENT 2023 General Obligation Bonds, Capital Grants, Other Bonds, Other Capital $47,005,058 FIRE PROTECTION 2023 General Obligation Bonds, Capital Grants, Impact Fees, Other Bonds $76,130,417 HISTORIC PRESERVATION & PLANNING 2023 General Obligation Bonds $2,000,000 HOUSING 2023 General Obligation Bonds, Capital Grants $32,372,734 HUMAN SERVICES 2006 General Obligation Bonds, 2023 General Obligation Bonds $316,555 INFORMATION TECHNOLOGY Other Bonds $25,370,311 Appropriation Amount 2024-25 Purpose - 3 - S-##### LIBRARIES 2023 General Obligation Bonds, Impact Fees $2,091,111 NON-DEPARTMENTAL CAPITAL Aviation Bonds, Capital Grants, Customer Facility Charges, Federal, State and Other Participation, Other Bonds, Passenger Facility Charges, Water Bonds $219,495,202 PARKS, RECREATION & MOUNTAIN PRESERVES 2023 General Obligation Bonds, Capital Gifts, Capital Grants, Capital Reserves, Impact Fees, Other Capital $36,146,192 PHOENIX CONVENTION CENTER Other Bonds $55,360,000 POLICE PROTECTION 2023 General Obligation Bonds, Capital Reserves, Impact Fees $40,233,224 PUBLIC ART PROGRAM 2023 General Obligation Bonds, Aviation Bonds, Other Bonds, Solid Waste Bonds, Water Bonds $3,749,169 REGIONAL WIRELESS COOPERATIVE Other Cities' Share in Joint Ventures $6,000,000 SOLID WASTE DISPOSAL Capital Grants, Capital Reserves, Solid Waste Bonds, Solid Waste Remediation $10,263,938 STREET TRANSPORTATION & DRAINAGE 2023 General Obligation Bonds, Capital Reserves, Federal, State and Other Participation, Impact Fees $330,448,610 WASTEWATER Capital Grants, Impact Fees, Other Cities' Share in Joint Ventures, Wastewater Bonds $578,183,180 Appropriation Amount 2024-25 Purpose - 4 - S-##### WATER Capital Grants, Impact Fees, Other Cities' Share in Joint Ventures, Water Bonds $381,752,608 TOTAL $2,681,622,456 SECTION 3. Upon the approval of the City Manager, funds may be transferred within purposes set forth in Section 2. SECTION 4. The City Council may authorize appropriation increases, if funds are available, for purpose of expenditures that are exempt from the limitation provided in Article IX, Section 20, Constitution of Arizona. - 5 - S-##### PASSED by the Council of the City of Phoenix this 29th day of May, 2024. M A Y O R ATTEST: City Clerk APPROVED AS TO FORM: Acting City Attorney REVIEWED BY: City Manager