Laserfiche WebLink
yearly summary of revemtes from specific fees shown in the year they are expected to be collected, is <br />as follows: <br />DEVELOPMENT - RELATED FEES /CONTRIBUTIONS <br />While the above revemte projections are based substantially on approved projects, they must be viewed <br />as tentative since they are affected by the economy and the health of the housing and construction <br />industry which is generally beyond the City's control. In addition, City Council actions related to future <br />project approvals and growth management allocations could also affect revenue projections. However, <br />because FY 1994/95 projects are primarily funded with revenue that bas been received or by approved <br />grants revenue sources, the impact of any of these issues will not significantly impact projects for this <br />year. <br />Federal State and Local Grants Bonds <br />This year's program includes a number of revenue sources generally termed as grants as follows: <br />FY 1994/95 GRANT REVENUES <br />SOURCE <br />FY 1994/95 <br />FY 1901196 <br />FY 1996/97 <br />, <br />FY 1!97/98 <br />FY 1999159 <br />TOTAL <br />WATER CONNECTION <br />1 753.216 <br />S 728.429 <br />S 687.660 <br />S 639.122 <br />8 337.349 <br />S 3.145.767 <br />SEWER CONNECTION <br />316,762 <br />345,838 <br />370.721 <br />365.030 <br />209.173 <br />1909.525 <br />PARK DEDICATION <br />1.126.998 <br />1.500,040 <br />2.292.470 <br />826.928 <br />337.590 <br />6,074,026 <br />RESIDENTIAL CONSTRUCTION <br />244.788 <br />296,583 <br />296,005 <br />258,498 <br />122135 <br />1.218.009 <br />CAPITAL IMPROVEMENT <br />309.833 <br />340,2W <br />395.325 <br />363.300 <br />155.400 <br />1,564,058 <br />GROWTH MA4AG@nNT PUBLIC <br />NEEDS <br />408.056 <br />462,000 <br />557,250 <br />511,500 <br />217.300 <br />2,156.306 <br />GROWTH MANAGEMENT- <br />CAPITAL IMPROVEMENTS <br />850,934 <br />1.172.400 <br />1,467,000 <br />1,495,900 <br />700.000 <br />5.691.234 <br />DEVELOPER CONTRIBUTIONS <br />292.000 <br />20,011 <br />136.350 <br />20.000 <br />12.000 <br />410,428 <br />TOTAL <br />54. 304.579 <br />14.865,568 <br />$6.102.781 <br />54.473,278 <br />52.093.146 <br />531.939.353 <br />While the above revemte projections are based substantially on approved projects, they must be viewed <br />as tentative since they are affected by the economy and the health of the housing and construction <br />industry which is generally beyond the City's control. In addition, City Council actions related to future <br />project approvals and growth management allocations could also affect revenue projections. However, <br />because FY 1994/95 projects are primarily funded with revenue that bas been received or by approved <br />grants revenue sources, the impact of any of these issues will not significantly impact projects for this <br />year. <br />Federal State and Local Grants Bonds <br />This year's program includes a number of revenue sources generally termed as grants as follows: <br />FY 1994/95 GRANT REVENUES <br />SOURCE <br />PROJECT <br />AMOUNT <br />Federal Transportation Development Act Grams (TDA) <br />Handicap Ramps <br />$ 49,000 <br />Federal lntemodal Surface Transportation Efficiency Act (ISTEA) <br />Road Repairing <br />153,000 <br />TOTAL <br />$202,000 <br />Contributions from the Sewer and Water Operation Fund <br />In recent years, the City has adjusted sewer and water rates in part to establish a rate component for <br />sewer and water replacement and improvement projects. <br />vi <br />