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2005 Annual Budget, Volume 2 OVERVIEW AIRPORT FUND CAPITAL DEVELOPMENT FUND FACILITY RENOVATION & REPLACEMENT FUND LOTTERY FUND OPEN SPACE FUND PARKS AND RECREATION 1995 BALLOT ISSUE FUND (.25 CENT SALES TAX FUND) 2004-2009 CAPITAL IMPROVEMENTS PROGRAM OVERVIEW 1995 Ballot Issue Fund The revenues were pledged for “ ... Payment for the principal, interest, and premium, if any, on .... bonds; and then for development, operation, and maintenance of the land and improvements purchased or constructed with the proceeds of the bonds; renovation and refurbishment or replacement of four pools; renovation and replacement of recreation facilities; playgrounds, mountain park trails, civic park complex; improvements to recreation centers and development of new recreation projects to be determined in the future through the Master Planning Process by the City Council; maintenance of the community park in north Boulder; and for the renovation of city-owned historical and cultural facilities; with the remainder being dedicated for parks and recreation purposes...” (Ballot language) The following is a summary of project and Operation and Maintenance funding (in 1995 dollars) that was identified in the ballot issue backup information: Bonded Projects Pocket Parks Acquisition up to 10 acres $4,900,000 Neighborhood Park Acq. up to 16 acres $4,500,000 Large City Park Acq. w/master site planning and some infrastructure development $18,000,000 Mountain Parks Acquisition $2,000,000 Renovation and Refurbishment of Existing Facilities Recreation Facilities $178,000/yr Mountain Parks (Trails) $168,000/yr Civic Park Complex $75,000/yr Urban Parks (Irrigation Systems) $130,000/yr Pool Improvements (capital) $277,000/yr Development of Facilities and Programs Community Park in North Boulder (Operations and Maintenance) $210,000/yr Development of New Neigh Park Sites (Capital) $200,000/yr Development of New Neigh Park Sites (Operations and Maintenance) $64,000/yr Development of New Pocket Park Sites (Capital) $120,000/yr Development of New Pocket Park Sites (Operations and Maintenance) $40,000/yr Development of Existing Neighborhood Park Sites (Capital) $200,000/yr Development of Existing Neighborhood Park Sites $67,000/yr (Operations and Maintenance) Improvements to Recreation Centers (Capital) $150,000/yr Mountain Parks Environmental Education $130,000/yr New Recreation Facilities (Capital) $200,000/yr $50,000/yr Historical and Cultural Facilities POLICY ISSUES None HIGHLIGHTS For the purposes of the Capital Improvement Program (CIP), staff has included only those projects that st meet the CIP definition. Specific projects have been identified for the 1 year of the CIP, but have been left in more general “project categories” (such as the Neighborhood/Pocket Park Development, Recreation Center Improvements, and New Recreation Facilities projects) for the outlying years, where specific projects are unidentified at this time. For 2004 and future years, the three funds, (Lottery, Permanent Park and Recreation and the .25 Cent Sales Tax) have been considered jointly to provide funding levels for CIP projects. The following are the major CIP projects in the three funds: Foothills Community Park New Recreation Facilities Improvement/ Development Neighborhood/Pocket Park Development North Boulder Recreation Center Flatirons Golf Course Improvement Park Site Acquisition Parks Operation Facility East Boulder Community Park Development Stazio Ballfield Infrastructure Development Major gains have been made in “taking care of what we have” and sustainability through major facility refurbishment and renovations. Facilities and Asset Management (FAM) is now fully funded for Ongoing and Major Maintenance for the majority of the structures/facilities in Parks and Recreation. FINANCING The revenues from the .25 cent Sales Tax are estimated based on Finance Department sales tax projections. RELATIONSHIP TO OPERATING BUDGET The Ballot Issue identified funding for the operating costs for the majority of the new park development projects. The operating costs for renovation/refurbishment projects are expected to remain the same but increase annually for inflationary increases. PARKS AND RECREATION ADVISORY BOARD RECOMMENDATION: On May 19, the Parks and Recreation Advisory Board reviewed the Parks and Recreation Capital Improvement Program and voted unanimously (5:0 with 2 Board members absent) to approve the staff recommendation for the proposed Capital Improvement Program and to forward this recommendation to City Council. 2004-2009 CAPITAL IMPROVEMENTS PROGRAM PROJECT STATUS REPORT Map ID NUM: PROJECT NAME Project Number: Neighborhood/Pocket Park Development .25 Sales Tax DEPARTMENT:Parks & Recreation SUBCOMMUNITY:System-wide FUNDING SOURCE:Parks & Recreation 1995 Ballot BVCP Area Area I New Construction - Growth Related Facility / Additions PROJECT STATUS: Required CEAP REQUIRED?CEAPCompleted: PROJECT DESCRIPTION: This is for design and development of new and existing undeveloped park sites. The Parks and Recreation Advisory Board prioritizes parks to be developed based upon citizen need and staff input. Sinton Park has been prioritized for design and development in the next few years. This funding will support development of other park sites in the future including: Dakota Ridge, Elks Site, east side of Eben Fine, Fortune, Hickory, Holiday Drive In, Mesa Memorial, Violet and the west side of the Justice Center. Relationship to Master Plan: The approved Parks and Recreation Master Plan identified the need to develop existing and newly acquired undeveloped park sites. Public Process Status, Issues: The Parks and Recreation Advisory Board will review development plans for each proposed parksite. As the scope of work is defined the necessity of a CEAP or other public review will be determined. Relationship to Council Goals: Environmental sustainability: Design, development, and maintenance of new park sites will address current city codes and environmental goals. Economic Sustainability: A quality parks and recreation system contributes to the economic viability of the community. Relationship with Other Departments: Parks and Recreation staff work closely with Planning staff as required for property development. CAPITAL FUNDING PLAN Carry Over200420052006200720082009FUNDING TO PLANNED COMPLETION FUNDING Approved Funding: 2,290,385289,659200,150100,033547,025547,025547,02504,521,302 1st Year of Funding:on-going TOTAL CAPITAL COSTS: On-Going 2003 Approved funds:$400,445 Changes from past CIP:Decreased funding of $1,329,863 between 2004 and 2008 Ongoing annual operating costs: Operating costs will increase as projects are completed. Impossible to estimate at this time. Description: 2004-2009 CAPITAL IMPROVEMENTS PROGRAM PROJECT STATUS REPORT Map ID NUM: Project Number: PROJECT NAME Foothills Community Park- .25 SalesTax51 DEPARTMENT:Parks & Recreation SUBCOMMUNITY:North Boulder FUNDING SOURCE:Parks & Recreation 1995 Ballot BVCP Area Area I New Construction - Growth Related Facility / Additions PROJECT STATUS: Not Required CEAP REQUIRED?CEAPCompleted: PROJECT DESCRIPTION: Design is proceeding for Phase IIA of the 69 acre community park. Construction is anticipated to proceed over a seven to yen year period. Relationship to Master Plan: The Parks and Recreation Master Plan identified a need for community parks. Public Process Status, Issues: Phase I (44 acres) was completed in 2001. Phase IIA planning began in 2001. Project will go through site review. Relationship to Council Goals: Environmental Sustainability: Some of the environmentally sustainable projects within this 69 acre park include site irrigation from a ditch water source, provision for an organic community garden, restoration and preservation of native grasslands, use of recycled products, and enhancing water quality by controlled release, landscape contouring, and cleaning of storm drainage waters. Economic Sustainability: A quality parks and recreation system contributes to the economic viability of the community. Relationship with Other Departments: Coordinated efforts with Housing Authority to purchase right of way and to construct Violet Street to serve both the community park and the Foothills Affordable Housing project. CAPITAL FUNDING PLAN Carry Over200420052006200720082009FUNDING TO PLANNED COMPLETION FUNDING Approved Funding: 1,313,655223,79850,577000001,588,030 1st Year of Funding:1997 TOTAL CAPITAL COSTS: $2,878,342 $740,232 2003 Approved funds: Changes from past CIP: Ongoing annual operating costs: Description:Operating costs will increase when this project is completed. Impossible to estimate at this time. PERMANENT PARKS & RECREATION FUND TRANSPORTATION FUND TRANSPORTATION DEVELOPMENT FUND TRIBUTARY GREENWAYS FUND UTILITIES FUNDS