Proposed Capital Improvement Program - REVISED FY 2021-2025 Adopted Proposed Revised FY21 Projected Projected Projected Projected 5 Year Total FY20 FY21 FY22 FY23 FY24 FY25 Revenues 3.84% 5.62% 3.86% 4.56% 4.08% Transfer from General Fund 6,968,323 7,367,841 900,000 10,943,663 7,616,543 9,150,200 8,292,570 36,902,976 Transfer from General Fund - Mall Vendor Fees 125,000 125,000 93,750 95,000 95,000 95,000 95,000 473,750 FY18 Year End Appropriation - Affordable Housing 3,201,082 0 0 0 0 0 0 Redevelopment Reprogramming of Existing Capital Funds 1,872,833 0 0 0 0 0 0 Contribution from Albemarle County (CATEC) 75,000 500,000 500,000 90,000 62,500 0 0 652,500 Contribution from Albemarle County (Central and Gordon 175,000 0 0 0 0 0 0 Ave. Library) Contribution from Schools (Small Cap Program) 200,000 200,000 200,000 200,000 200,000 200,000 200,000 1,000,000 PEG Fee Revenue 47,500 40,000 40,000 40,000 40,000 40,000 40,000 200,000 VDOT - Rev Share Hyrdraulic 0 150,000 150,000 0 0 0 0 150,000 VDOT - Rev Share East High Signalization 0 0 50,000 500,000 0 0 0 550,000 CY 2020 Bond Issue 22,735,413 0 0 0 0 0 0 CY 2021 Bond Issue 0 26,920,837 23,861,092 0 0 0 0 23,861,092 CY 2022 Bond Issue 0 0 30,533,296 0 0 0 30,533,296 CY 2023 Bond Issue 0 0 0 9,587,755 0 0 9,587,755 CY 2024 Bond Issue 0 0 0 0 13,096,486 0 13,096,486 CY 2025 Bond Issue 0 0 0 0 7,110,575 7,110,575 TOTAL AVAILABLE REVENUES $35,400,151 $35,303,678 $25,794,842 $42,401,959 $17,601,798 $22,581,686 $15,738,145 $124,118,430 Expenditures BONDABLE PROJECTS EDUCATION Adopted Proposed REVISED Projected Projected Projected Projected 5 Year Project FY20 FY21 FY21 FY22 FY23 FY24 FY25 Total Lump Sum to Schools (City Contribution) 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 6,000,000 City Schools HVAC Replacement 750,000 750,000 750,000 750,000 750,000 750,000 750,000 3,750,000 City Schools Reconfiguration Design and Planning 3,000,000 0 0 0 0 0 0 6,250,000 City Schools Priority Improvement Projects 1,250,000 1,250,000 1,250,000 1,250,000 1,250,000 1,250,000 1,250,000 7,570,000 Charlottesville High School Roof Replacement 0 0 0 120,000 1,200,000 0 0 1,320,000 SUBTOTAL $6,200,000 $3,200,000 $3,200,000 $3,320,000 $4,400,000 $3,200,000 $3,200,000 $17,320,000 FACILITIES CAPITAL PROJECTS Adopted Projected REVISED Projected Projected Projected Projected 5 Year Project FY20 FY21 FY21 FY22 FY23 FY24 FY25 Total Lump Sum to Facilities Capital Projects 1,045,491 1,545,491 1,545,491 1,045,491 1,045,491 1,045,492 1,045,491 5,727,456 City Facility HVAC Replacement 250,000 250,000 250,000 250,000 250,000 250,000 250,000 1,250,000 City and Schools Solar PV Program 75,000 75,000 75,000 75,000 75,000 75,000 75,000 375,000 Energy Performance Contact (Audit) 150,000 0 0 0 0 0 0 0 Smith Recreation Indoor Air Quality Corrections 0 1,500,000 2,250,000 0 0 0 0 2,250,000 Downtown Mall TARA 0 125,000 0 0 0 0 0 0 SUBTOTAL $1,520,491 3,495,491 4,120,491 $1,370,491 $1,370,491 $1,370,492 $1,370,491 $9,602,456 PUBLIC SAFETY AND JUSTICE Adopted Proposed REVISED Projected Projected Projected Projected 5 Year Project FY20 FY21 FY21 FY22 FY23 FY24 FY25 Total General District Court 0 3,181,014 300,000 6,062,028 0 0 0 6,362,028 Replacement Fire Apparatus 0 995,500 995,500 0 0 1,152,415 0 2,147,915 Replacement EMS Apparatus 0 377,553 0 377,553 0 0 0 377,553 DRAFT 1 5/5/2020 Bypass Fire Station 3,700,000 0 0 0 0 0 0 0 SUBTOTAL $3,700,000 $4,554,067 $1,295,500 $6,439,581 $0 $1,152,415 $0 $8,887,496 TRANSPORTATION AND ACCESS Adopted Proposed REVISED Projected Projected Projected Projected 5 Year Project FY20 FY21 FY21 FY22 FY23 FY24 FY25 Total Undergrounding Utilities 1,700,000 1,430,000 1,430,000 0 0 0 0 1,430,000 New Sidewalks 400,000 100,000 100,000 100,000 100,000 100,000 100,000 500,000 Sidewalk Repair 500,000 500,000 500,000 500,000 500,000 500,000 500,000 2,500,000 West Main Improvements 4,000,000 4,000,000 4,000,000 4,000,000 0 0 0 8,000,000 SIA Immediate Implementation 200,000 200,000 200,000 200,000 200,000 200,000 200,000 1,000,000 Small Area Plans 100,000 100,000 100,000 100,000 100,000 100,000 100,000 500,000 Street Milling and Paving 1,000,000 0 0 1,000,000 2,000,000 2,000,000 2,000,000 7,000,000 Parking Structure 0 4,875,000 2,000,000 8,000,000 0 0 0 10,000,000 ADA Pedestrian Signal Upgrades 240,000 240,000 240,000 240,000 240,000 240,000 240,000 1,200,000 Downtown Pedestrian Intersection Lighting 94,000 0 0 0 0 0 0 0 Minor Bridge Repairs 218,545 225,101 225,101 231,854 238,810 245,974 253,353 1,195,092 State Revenue Sharing 413,218 0 0 0 0 0 0 0 Citywide ADA Improvements - Sidewalks and Curbs 200,000 200,000 200,000 200,000 200,000 200,000 200,000 1,000,000 Traffic Signal Infrastructure Replacement 0 200,000 200,000 228,000 757,120 787,405 818,901 2,791,426 Historic Resources 0 50,000 50,000 0 0 0 0 50,000 Dairy Road Bridge 0 0 0 0 0 0 0 0 Blight Remediation 0 50,000 50,000 0 0 0 0 50,000 Hydraulic/250 Intersection Turn Lane - VDOT Rev Share 0 150,000 150,000 0 0 0 0 150,000 East High Street Signalization - VDOT Rev Share 0 0 0 1,000,000 0 0 0 1,000,000 Belmont Bridge - Local Match 0 5,000,000 5,000,000 2,500,000 0 0 0 7,500,000 SUBTOTAL $9,065,763 $17,320,101 $14,445,101 $18,299,854 $4,335,930 $4,373,379 $4,412,254 $45,866,518 PARKS AND RECREATION Adopted Proposed REVISED Projected Projected Projected Projected 5 Year Project FY20 FY21 FY21 FY22 FY23 FY24 FY25 Total City/County Joint Parks - Darden Towe 928,963 193,370 0 193,370 0 0 0 193,370 City/County Joint Parks - Ivy Creek 20,000 0 0 0 0 0 0 0 Riverview Park Restrooms 245,000 0 0 0 0 0 0 0 SUBTOTAL $1,193,963 $193,370 $0 $193,370 $0 $0 $0 $193,370 AFFORDABLE HOUSING Adopted Proposed REVISED Projected Projected Projected Projected 5 Year Project FY20 FY21 FY21 FY22 FY23 FY24 FY25 Total Public Housing Redevelopment - (CRHA) 3,000,000 1,500,000 1,500,000 1,500,000 3,000,000 3,000,000 3,000,000 12,000,000 SUBTOTAL $3,000,000 $1,500,000 $1,500,000 $1,500,000 $3,000,000 $3,000,000 $3,000,000 $12,000,000 TOTAL BONDABLE PROJECTS $24,680,217 $30,263,029 $24,561,092 $31,123,296 $13,106,421 $13,096,286 $11,982,745 $93,869,840 NONBONDABLE PROJECTS EDUCATION Adopted Proposed REVISED Projected Projected Projected Projected 5 Year Project FY20 FY21 FY21 FY22 FY23 FY24 FY25 Total School Small Capital Improvements Program 300,000 200,000 200,000 200,000 200,000 200,000 200,000 1,000,000 SUBTOTAL $300,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $1,000,000 ECONOMIC DEVELOPMENT Adopted Proposed REVISED Projected Projected Projected Projected 5 Year Project FY20 FY21 FY21 FY22 FY23 FY24 FY25 Total Economic Development Strategic Initiatives 0 150,000 0 150,000 150,000 150,000 150,000 600,000 DRAFT 2 5/5/2020 SUBTOTAL $0 $150,000 $0 $150,000 $150,000 $150,000 $150,000 $600,000 PUBLIC SAFETY AND JUSTICE Adopted Proposed REVISED Projected Projected Projected Projected 5 Year Project FY20 FY21 FY21 FY22 FY23 FY24 FY25 Total Police Mobile Data Terminals $0 202,677 0 405,344 202,667 0 0 608,011 Police Portable Radio Replacement 0 75,000 0 75,000 75,000 75,000 75,000 300,000 Fire Portable Radio Replacement 0 75,000 0 75,000 75,000 75,000 75,000 300,000 Sheriff Portable Radio Replacement 0 40,000 0 40,000 40,000 40,000 40,000 160,000 SUBTOTAL $0 $392,677 $0 $595,344 $392,667 $190,000 $190,000 $1,368,011 TRANSPORTATION & ACCESS Adopted Proposed REVISED Projected Projected Projected Projected 5 Year Project FY20 FY21 FY21 FY22 FY23 FY24 FY25 Total State Bridge and Highway Inspections 0 0 0 40,000 60,000 80,000 100,000 280,000 CAT Transit Bus Replacement Match 0 0 0 134,000 139,510 114,400 114,400 502,310 Intelligent Transportation System 100,786 147,015 0 180,786 450,000 100,000 100,000 830,786 City Wide Traffic Engineering Improvements 150,000 150,000 0 150,000 150,000 150,000 150,000 600,000 Neighborhood Transportation Improvements 50,000 50,000 0 50,000 50,000 50,000 50,000 200,000 Bicycle Infrastructure 200,000 0 0 150,000 150,000 150,000 150,000 600,000 Right of Way Appurtenance 15,450 0 0 129,000 129,000 129,000 129,000 516,000 Traffic Sign Retro Reflective Compliance 115,715 119,186 0 122,762 63,222 0 0 185,984 ADA Ramp Corrections 131,000 134,930 0 134,930 138,978 0 0 273,908 SUBTOTAL $762,951 $601,131 $0 $1,091,478 $1,330,710 $773,400 $793,400 $3,988,988 PARKS & RECREATION Adopted Proposed REVISED Projected Projected Projected Projected 5 Year Project FY20 FY21 FY21 FY22 FY23 FY24 FY25 Total Parks and Recreation Lump Sum Account 200,000 0 0 200,000 200,000 200,000 200,000 800,000 Parks and Schools Playground Renovations 0 112,000 0 112,000 112,000 112,000 112,000 448,000 Urban Tree Planting 50,000 75,000 0 75,000 75,000 75,000 75,000 300,000 Parkland and Trails Acquisition and Development 250,000 125,000 0 250,000 125,000 125,000 125,000 625,000 Refurbish Parks Restrooms 0 50,000 0 50,000 0 0 0 50,000 Downtown Mall Infrastructure Repairs 125,000 125,000 93,750 95,000 95,000 95,000 95,000 473,750 SUBTOTAL $625,000 $487,000 $93,750 $782,000 $607,000 $607,000 $607,000 $2,696,750 STORMWATER INITIATIVES Adopted Proposed REVISED Projected Projected Projected Projected 5 Year Project FY20 FY21 FY21 FY22 FY23 FY24 FY25 Total Neighborhood Drainage Projects 50,000 0 0 0 0 0 0 0 SUBTOTAL $50,000 $0 $0 $0 $0 $0 $0 $0 TECHNOLOGY INFRASTRUCTURE Adopted Proposed REVISED Projected Projected Projected Projected 5 Year Project FY20 FY21 FY21 FY22 FY23 FY24 FY25 Total Communications Technology Account/Public Access 47,500 40,000 40,000 40,000 40,000 40,000 40,000 200,000 City Wide IT Strategic Infrastructure 250,000 250,000 0 250,000 250,000 250,000 250,000 1,000,000 SUBTOTAL $297,500 $290,000 $40,000 $290,000 $290,000 $290,000 $290,000 $1,200,000 AFFORDABLE HOUSING Adopted Proposed REVISED Projected Projected Projected Projected 5 Year Project FY20 FY21 FY21 FY22 FY23 FY24 FY25 Total Supplemental Rental Assistance 750,000 900,000 900,000 900,000 900,000 900,000 900,000 4,500,000 Housing Rehabilitation 500,000 500,000 0 500,000 500,000 500,000 500,000 2,000,000 Friendship Court Infrastructure Improvements 1,540,000 0 0 2,000,000 0 2,500,000 0 4,500,000 DRAFT 3 5/5/2020 Friendship Court Redevelopment - Phase 1 4,005,159 394,841 0 394,841 0 0 0 394,841 Friendship Court Redevelopment - Phase 2 0 0 0 3,250,000 0 0 0 3,250,000 Friendship Court Redevelopment - Phase 3 0 0 0 0 0 3,250,000 0 3,250,000 SUBTOTAL $7,595,159 $2,594,841 $900,000 $7,844,841 $1,400,000 $7,150,000 $1,400,000 $18,694,841 OTHER GOVERNMENTAL PROJECTS Adopted Proposed REVISED Projected Projected Projected Projected 5 Year Project FY20 FY21 FY21 FY22 FY23 FY24 FY25 Total Home Energy Conservation Grant Program 125,000 125,000 0 125,000 125,000 125,000 125,000 500,000 Senior Center at Belvedere 600,000 0 0 0 0 0 0 0 PVCC Advanced Technology Center 64,324 0 0 0 0 0 0 0 City Yard Environmental Remediation 300,000 0 0 0 0 0 0 0 Citywide Fee Study 0 200,000 0 200,000 0 0 0 200,000 SUBTOTAL $1,089,324 $325,000 $0 $325,000 $125,000 $125,000 $125,000 $700,000 TOTAL NONBONDABLE PROJECTS $10,719,934 $5,040,649 $1,233,750 $11,278,663 $4,495,377 $9,485,400 $3,755,400 $30,248,590 TOTAL PROJECT EXPENDITURES $35,400,151 $35,303,678 $25,794,842 $42,401,959 $17,601,798 $22,581,686 $15,738,145 $124,118,430 Debt Service % (Projected) 5.70% 6.24% 6.38% 7.04% 7.82% 8.34% 8.78% Funding Gap $0 $0 $0 $0 $0 $0 $0 $0 DRAFT 4 5/5/2020