Refurbished H:\ACCOUNTING\BUDGETS\2014-2015 NEW\2014-2015 Budget Projection Worksheet.xlsx Page 1 of 5 11/18/2013 9:17 AM Total Annual Reserve Estima Remai Replacement Required ted ning and/or Refurbish (Capital & Deferred Useful Useful Replacement Commentary Replaced # items cost basis Cost per each Cost Expenditures) Life Life 24,729.16 Installed September 2005; moved and refurbished July 2013 2013 2005 2 each 7,500.00 15,000.00 750.00 20 20 Est replacement cost is $11,250 for the two monuments and $5,000 for the pedestal. Budget is for deferred maintenance to extend useful life. 2010 1 each 3,750.00 3,750.00 535.71 7 4 decorative post/base/finial 2011 276 each 525.36 144,999.36 5,799.97 25 22 of 276 posts (244 are 4-way; 32 are 2-way) 1040 each 55.00 57,200.00 4,766.67 12 9 Stop signs & other traffic control w/decorative post/base/finial 2012 & 2013 503 each 390.00 196,170.00 7,846.80 25 24 MUTCD compliant hi-reflective panels 503 each 120.00 60,360.00 5,030.00 12 11 4,543.05 Roof has est. 13 squares (1300 sq ft). 2011 1 each 29,120.00 29,120.00 970.67 30 27 Roof has est. 2.5 squares (250 sq ft). 2007 1 each 5,600.00 5,600.00 186.67 30 23 new in 2012 2012 2 each 4,000.00 8,000.00 1,142.86 7 5 new in 2007 2007 1 each 428.57 7 5 2011 1 each 8,500.00 8,500.00 1,214.29 7 5 Lift Station / Drain Field / Interior Remodel 2013 1 each 9,000.00 9,000.00 600.00 15 15 255,333.33 Budget is for drainage upgrades (weirs/dams/catch basins/curb drains/grates/related underground drain pipes/creek and pond embankment repairs); 2012 Cypress Creek bridge revetment; 2013 Cypress Creek embankment on-going 383 each 10,000.00 3,830,000.00 255,333.33 15 1 4,811.10 Fence is approximately 7920 line feet. Budget is for deferred maintenance to extend useful life. Extensive repairs made in 2010 2010 1333 line ft 15.00 19,995.00 1,333.00 15 11 constructed in 2011 2011 1993 line ft 3.50 6,975.50 465.03 15 12 chain link installed in 2011 by Minto Communities 2012 1000 line ft 12.00 800.00 15 13 constructed in 2013 on Clublink property; install paid by Federation 2013 7800 line ft 3.50 25,552.00 1,703.47 15 15 torn down & replaced in March 2009 2009 282 line ft 12.00 3,384.00 225.60 15 9 installed July 2006 2006 40 line ft 106.50 4,260.00 284.00 15 6 42,350.67 Insured Value Refurbish Installed in 1987; 80' span, 8' wide, 3"thick x 12"deck boards; concrete butresses; 4" steel railings. Budget is for deferred maintenance to extend useful life; 2011 bolts added & concrete buttress repaired; 2015 Schedule scrape paint replace deck; Proposal to apply FLEXIPAVE $8,100 2011 Built 1987 (insured for $141K) 1 each 141,000.00 67,618.00 33,809.00 25 2 2-lanes built in 1973. Widened to 4-lanes in 1988. 59' span, 49' width; concrete butrresses; Budget is for inspections & deferred maintenance of concrete bridge to continuously extend useful life; concrete cracks, columns, & bridge aprons were repaired & sealed 2011; bridge seams sealed in 2012; revetment replaced 2012 2011 Built 1973 & 1988 Insured for $650K 1 each 650,000.00 50,000.00 1,666.67 30 30 Refurbished in 2002; 118' span, 9 f width; 14 feet above creek. 10-12" pilings 12ft on center hold 8" square crossbeams; 3"x12' beams hold 3"x8'deck boards. Budget is for deferred maintenance of timber bridge to extend useful life. Tie-downs & braces added in 2011; wood cleaned & sealed 2012; bridge nails drilled down & turned 3 boards in 2013 2011 Re-built in 2002 Insured for $55K 1 each 55,000.00 55,000.00 6,875.00 20 8 60,294.29 Cambridge - Hi/lo pressure safety installed 2010 2010 1 each 2,661.71 7 4 2004 new hose, time relay, power monitor, control line leak repaired, control tube replaced; 2002 new motor & soft start controller; 2007 new motor; 2001 & 2009 new check valve, spool piece; bowl assembly; head shaft; & packing; 2011 repack lower bearings in motor; 2012 replaced with re-built unit kept in storage. REPLACE WITH SUB-PUMP WHEN NEXT MAJOR REPAIR NEEDED. 2013 1 each 19,562.08 19,562.08 3,912.42 5 4 Highgate - Hi/lo pressure safety installed 2010; pump froze-up and was replaced with new motor September 2013 & new hose installed. 2013 1 each 2,661.71 7 7 2001 - one square D size 3 motor contactor with solid state overload; one subtrol retrofit kit to monitor and protect pump motor; rework controls and electric wiring; install new equipment; 2002 repair pump control; four control fuses; one new time delay relay; 2004 pull & inspect submersible well pump; replace one Franklin 40hp 460V submersible pump motor; reinstall; 2006 replaced micro switch; 2010 install hi/lo pressure safety. 2004 new motor 1 each 1,714.29 7 0 Average 8 replacements per year 59 each 5,500.00 324,500.00 44,000.00 7 7 Installed Nov. 2006; REPLACE IN 2013 2006 1 each 1,009.57 7 7 Rebuilt 40hp pump installed in 2013 2008 1 each 642.51 7 2 Installed Mar. 2008 2008 1 each 1,009.57 7 2 Installed Nov. 2006; REPLACE IN 2013 2006 1 each 642.51 7 7 2006 new; A/C Replaced 7/30/2009; condenser fan replaced under warranty 4/15/11 and 10/18/11; A/C melt-down blew all fuses on electricals Feb 2011. Entire unit replaced. 2009 1 each 600.00 5 1 REPLACE IN 2013 2008 1 each 2,100.00 2,100.00 420.00 5 5 REPLACED IN JULY, 2012 2008 1 each 600.00 5 5 REPLACED IN JULY, 2012 2006 1 each 2,100.00 2,100.00 420.00 5 5 10,000.00 New Installation and Upgrading New Installation of main gate and boulevard landscaping acres $10,000 10,000.00 10,000.00 1 1 330,994.69 All roadways in Kings Point - milled and/or overlayed. Kings Blvd. @ 8 years; other roads 12 years to 15 years. The goal is to accelerate all but Kings Blvd to a 12 year schedule. 560,574 sq yds See Projected 30- Year Paving Program based on 12-year cycle 9,929,840.79 330,994.69 30 30 PROJECTED CASH OUTFLOW 733,056.29
Page 2 of 5 11/18/2013 9:17 AM 0 1 2 3 4 5 6 7 8 2014 2015 2016 2017 2018 2019 2020 2021 2022 3,750.00 182,297.24 26,260.00 8,000.00 8,500.00 4,260.00 67,618.00 19,562.08 2,100.00 2,100.00 2,196.00 2,310.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 444,342.13 339,501.88 435,243.79 219,188.10 319,721.45 479,304.10 397,815.51 386,144.92 245,273.89 987,529.26 734,453.21 756,141.69 528,521.43 675,504.86 807,237.44 714,408.84 725,674.82 569,607.23 FYE 2014 2015 2016 2017 2018 2019 2020 2021 2022 767,860.37 383,152.52 381,755.60 358,670.20 563,205.05 620,756.47 546,575.32 565,222.77 572,604.24-987,529.26-734,453.21-756,141.69-528,521.43-675,504.86-807,237.44-714,408.84-725,674.82-569,607.23 602,821.41 733,056.29 733,056.29 733,056.29 733,056.29 733,056.29 733,056.29 733,056.29 733,056.29 383,152.52 381,755.60 358,670.20 563,205.05 620,756.47 546,575.32 565,222.77 572,604.24 736,053.30 $9.36 $11.16 $10.79 $10.79 $10.79 $10.79 $10.79 $10.79 $10.79 5,367 5,473 5,661 5,661 5,661 5,661 5,661 5,661 5,661
Page 3 of 5 11/18/2013 9:17 AM 9 10 11 12 13 14 15 16 17 2023 2024 2025 2026 2027 2028 2029 2030 2031 57,200.00 3,750.00 60,360.00 8,000.00 8,500.00 6,000.00 9,000.00 19,995.00 6,975.50 3,384.00 25,552.00 50,000.00 55,000.00 19,562.08 2,100.00 2,310.00 2,196.00 2,196.00 2,310.00 0.00 2,100.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 0.00 36,913.55 529,312.22 437,842.24 406,444.65 353,433.34 206,294.70 344,274.51 529,203.56 440,987.89 348,346.88 945,312.63 770,651.07 727,777.98 697,259.24 636,122.03 674,172.40 838,536.89 2023 2024 Current Year 2026 2027 2028 2029 2030 2031 736,053.30 1,028,121.69 1,412,831.09 1,200,574.75 1,162,979.96 1,168,258.26 1,204,055.32 1,300,989.57 1,359,873.45-440,987.89-348,346.88-945,312.63-770,651.07-727,777.98-697,259.24-636,122.03-674,172.40-838,536.89 733,056.29 733,056.29 733,056.29 733,056.29 733,056.29 733,056.29 733,056.29 733,056.29 733,056.29 1,028,121.69 1,412,831.09 1,200,574.75 1,162,979.96 1,168,258.26 1,204,055.32 1,300,989.57 1,359,873.45 1,254,392.85 $10.79 $10.79 $10.79 $10.79 $10.79 $10.79 $10.79 $10.79 $10.79 5,661 5,661 5,661 5,661 5,661 5,661 5,661 5,661 5,661
Page 4 of 5 11/18/2013 9:17 AM 18 19 20 21 22 23 24 25 26 2032 2033 2034 2035 2036 2037 2038 2039 2040 15,000.00 3,750.00 3,750.00 144,999.36 57,200.00 60,360.00 196,170.00 5,600.00 8,000.00 8,000.00 8,500.00 8,500.00 19,995.00 4,260.00 3,384.00 19,562.08 19,562.08 2,310.00 2,100.00 2,196.00 2,196.00 2,100.00 2,310.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 275,504.60 374,074.55 199,024.09 0.00 40,265.15 559,032.02 494,934.53 414,197.88 444,339.79 608,150.01 704,203.88 525,667.43 403,989.89 509,597.84 945,889.91 1,008,327.86 767,575.29 793,168.13 2032 2033 2034 2035 2036 2037 2038 2039 2040 1,254,392.85 1,379,299.12 1,408,151.53 1,615,540.39 1,944,606.78 2,168,065.22 1,955,231.60 1,679,960.03 1,645,441.02-608,150.01-704,203.88-525,667.43-403,989.89-509,597.84-945,889.91-1,008,327.86-767,575.29-793,168.13 733,056.29 733,056.29 733,056.29 733,056.29 733,056.29 733,056.29 733,056.29 733,056.29 733,056.29 1,379,299.12 1,408,151.53 1,615,540.39 1,944,606.78 2,168,065.22 1,955,231.60 1,679,960.03 1,645,441.02 1,585,329.18 $10.79 $10.79 $10.79 $10.79 $10.79 $10.79 $10.79 $10.79 $10.79 5,661 5,661 5,661 5,661 5,661 5,661 5,661 5,661 5,661
27 28 29 30 FYE 3/31 FYE 3/31 FYE 3/31 FYE 3/31 Page 5 of 5 11/18/2013 9:17 AM 2041 2042 2043 2044 29,120.00 255,333.33 255,333.33 255,333.33 255,333.33 6,975.50 25,552.00 67,618.00 50,000.00 55,000.00 44,000.00 44,000.00 44,000.00 44,000.00 10,000.00 10,000.00 10,000.00 10,000.00 219,188.10 319,721.45 479,304.10 #REF! 687,234.93 671,251.34 803,637.44 1,622,374.33 2041 2042 2043 2044 1,585,329.18 1,631,150.54 1,692,955.48 1,622,374.33-687,234.93-671,251.34-803,637.44-1,622,374.33 733,056.29 733,056.29 733,056.29 733,056.29 1,631,150.54 1,692,955.48 1,622,374.33 733,056.29 $10.79 $10.79 $10.79 $10.79 5,661 5,661 5,661 5,661