|
which will take into account results from the ongoing feasibility study. Based on current projections
<br />requirements will once again exceed resources unless additional funding sources are identified.
<br />Item
<br />Estimate
<br />Pavement Fund
<br />Balance
<br />(Partially
<br />Funded)
<br />Pavement
<br />Fund Balance
<br />(Fully
<br />Funded)
<br />Balance from 2016
<br />$
<br />332,896
<br />$ 332,896
<br />$
<br />332,896
<br />2017 Levy (assumes addition of $200,000 in 2017)
<br />$
<br />383,000
<br />$ 715,896
<br />2017 Levy (assumes 1,050,000 in 2017)
<br />$1,050,000
<br />$
<br />1,382,896
<br />Contracted Street Maintenance (Patching, Tree
<br />Trimming, Striping and Crack Sealing)
<br />$
<br />47,000
<br />$ 668,896
<br />$
<br />1,335,896
<br />Fox Street (Old Crystal Bay to Willow)
<br />$
<br />674,559
<br />$ (5,663)
<br />$
<br />661,337
<br />Feasibility Study for 2018 Reconstructs
<br />$
<br />24,000
<br />$ (29,663)
<br />$
<br />637,337
<br />Dickenson Mill and Overlay
<br />$
<br />57,048
<br />$ (86,711)
<br />$
<br />580,289
<br />Northern Avenue Mill and Overlay
<br />$
<br />63,564
<br />$ (150,275)
<br />$
<br />516,725
<br />Chevy Chase Mill and Overlay
<br />$
<br />175,532
<br />$ (325,807)
<br />$
<br />341,193
<br />2017 Sealcoating
<br />$
<br />263,164
<br />$ (588,971)
<br />$
<br />78,029
<br />Casco Circle Mill and Overlay deferred from 2016)
<br />$
<br />120,435
<br />$ (709,406)
<br />$
<br />(42,406)
<br />2016 Seal Coating (deferred from 2016)
<br />$
<br />178,556
<br />$ (887,962)
<br />$
<br />(220,962)
<br />West Lafayette Reconstruction (deferred from 2014,
<br />2015 & 2016)
<br />$
<br />143,117
<br />$ (1,031,079)
<br />$
<br />(364,079)
<br />a. MSA Streets Proposed for Reconstruction in 2017.
<br />Project
<br />Estimated Cost
<br />Fox Street (Willow -Brown)
<br />$ 645,195
<br />Request: Direction on how to provide reliable funding for the City's streets as part of the 2017 and
<br />beyond budget processes.
<br />Orono Budget - 2017 Attachment C
<br />
|