AGENDA REQUEST

Sponsor:

Board of Supervisors Meeting Date: 

Ray Graham , Board of Supervisors

March 25, 2003

Staff Lead:

Department: 

Bryan Tippie

Budget Office

Topic: 

Capital Improvements Program (CIP) FY 2004 - FY 2008

Topic Description:

1.  The CIP Committee and the Planning Commission have completed their work on the CIP.  Public Hearings have been held by the Planning Commission and the Board of Supervisors.  The attached resolution to adopt the FY 2004 - 2008 CIP is provided for the Board of Supervisors consideration.

2.  Changes as part of the Budget process:

      a.  Monroe Phase II - $200,850.  Reviewed by the Finance Committee March 18, 2003 and recommended for current year funding from the Contingency Reserve.  A Public Hearing on this issue will be on April 21, 2003 

       b.  Catlett - Calverton Water/Sewer Project.  $2,950,000 was added to be borrowed in FY 2005 and FY 2006 for a total of  $5,900,000.  In addition, $500,000 is recommended to be appropriated from the Fund Balance to the project account in the Utility Fund.  A Public Hearing on this use of Fund Balance will be on April 21, 2003.  $1,600,000 is currently available in the Utility Fund for this project.  Total project is $8,000,000.

      c.  Northern Sports Complex Swimming Pool.  $732,397 is recommended to be appropriated from Fund Balance for this project.  A Public Hearing on this issue will be on April 21, 2003.  An additional $665,869 will be transferred from the Construction Reserve for this $1,398,266 project.  This project is not reflected on the attached chart, as it will be funded in FY 2003.

Requested Action of the Board of Supervisors: 

Approve and adopt the attached resolution.

Financial Impacts Analysis:

As indicated

Identify any other Departments, Organizations or Individuals that would be affected by this request:

 Various departments and agencies as impacted by the project requested.  

 

 


RESOLUTION

 A RESOLUTION TO ADOPT THE FY 2004 - 2008 CAPITAL IMPROVEMENTS PLAN (CIP)  

WHEREAS, the Board of Supervisors has established an objective to adopt a Capital Improvements Plan (CIP) each year as part of the annual budget process ; and  

WHEREAS, the CIP Advisory Committee and Planning Commission held several developmental meetings to formulate the recommended CIP ; and  

WHEREAS, both the Planning Commission and the Board of Supervisors have held respective public hearings on the recommended CIP; and  

WHEREAS, the Board of Supervisors has also held a work session on the CIP ; now, therefore, be it  

RESOLVED by the Fauquier County Board of Supervisors this 25th day of March 2003, That the attached FY 2004 – 2008 Capital Improvements Plan be, and is hereby adopted.