No one testified at the public hearing at the city council meeting on Tuesday, Finance budget amendments were due on Wednesday, they were released today and on Monday the Finance Committee will vote on them – barely three weeks after we first saw the capital budget proposal.
Below is a summary, attached here is the 2018 Proposed CIP Amendments.
Economic Development Division
#1 – TID 46 Research Park – sponsored by Mayor Soglin Alder Rummel
Appropriate $2.5 million in GO Borrowing in 2018 for a Tax Incremental Finance (TIF) Loan to Exact Sciences Corporation for the renovation and development for a second location at 601 Rayovac Drive and 650 Forward Drive. Debt associated with the borrowing for the loan will be repaid through future increment in TID 46.
Borrowing $2,500,000
Debt Service $293,076
TOAH (Taxes on average home) = 3.16
#2 Division Public Market – sponsored by Mayor Soglin
Within the project budget, decrease reserves applied by $1,400,000 and increase the transfer in from General Fund by $1,400,000. The total 2018 appropriation for the project will remain $11.8 million.
No fiscal impact
Engineering-Facilities Management
#3 CCB Tenant Improvements sponsored by Alder Bidar-Sielaff, Alder Eskrich Alder DeMarb
Change the scope for the CCB Tenant Improvement project to follow the timeline below:
2018: Complete overall plan for City space in CCB (Completed in partnership with Dane County) 2019: Design for Phase 1 of construction
2020: Construction of Phase 1
2021: Design for Phase 2 of construction
2022: Construction of Phase 2
2023: Planning for Phase 3
Borrowing $150,000
No fiscal impact this year
Engineering-Major Streets
#4 Jeffy Trail sponsored by Alder McKinney Alder Skidmore
Remove the Jeffy Trail extenstion project from the 2018 Capital Improvement Plan.
Borrowing (510,000)
Other funds (100,000)
Debt Service (59,788)
Taxes on Average Home (TOAH) (0.64)
#5 Darbo Webb Connection sponsored by Alder Rummel
Appropriate $890,000 in GO Borrowing for real estate, design, and construction costs associated with the Darbo Webb Connection project within the Engineering Major Streets capital budget in 2018. The goal of this project is to improve connectivity for major employers in the area.
Borrowing 890,000
Debt Service 104,335
TOAH 1.12
#6 CTH M (CTH PD Area) sponsored by Alder McKinney
Transfer $380,000 in revenue bond authority from the Water Utility’s Water Main program to the CTH M (CTH PD Area) project for sewer related work associated with the project.
No fiscal impact
#7 CTH M (Midtown Area) sponsored by Alder McKinney
Transfer $160,000 in revenue bond authority from the Water Utility’s Water Main program to the CTH M (Midtown Area) project for sewer related work associated with the project.
No fiscal impact
#8 Buckeye Road Improvements – sponsored by Alder Rummel Alder Ahrens
Transfer $150,000 of GO Borrowing from 2019 to 2018 for the Buckeye Road Improvement project for costs associated with the right of way land acquisition.
Borrowing $0
2018 GO Impact 150,000
Debt Service 17,585
TOAH = 0.19
#9 – Reconstruction Streets – Winnebago St – sponsored by Alder Rummel
Transfer $957,000 of GO Borrowing within Reconstruct Streets to TIF Proceeds using TID 37 for the reconstruction of Winnebago Street from 2nd Street to 6th Street in 2018.
Borrowing (957,000)
Debt Services (112,190)
TOAH (1.21)
#10 I94 Interchange Study – sponsored by Mayor Soglin
Appropriate $500,000 of GO Borrowing split evenly over 2018 and 2019 to study the feasibility of an interchange on Interstate 94 in the Sprecher Road and Milwaukee Street area on the City’s east side.
Borrowing 500,000
2018 GO Impact 250,000
Debt service 29,308
Taxes on Average Home 0.32
#11 Streets Jenifer Street Underground Utilities sponsored by Alder Rummel Alder Verveer
Appropriate $250,000 of TID 36 borrowing to fund partial undergrounding of the overhead utility wires on Jenifer Street from Williamson Street to Few Street in 2018. The use of TID 36 borrowing is proposed via the 1/2 mile rule, use of these funds is contingent upon approval from the TIF Joint Review Board.
Borrowing = $0
Other = 250,000
Debt Service = 29,308
TOAH = 0.32
#12 Atwood Avenue (Schenk’s Corners) by Alder Rummel
Add a project for the reconfiguration of the intersection at Atwood Avenue and Winnebago Street (Schenk’s Corners) in 2020. Funding for the project will be provided as follows:
$2,270,000 General Fund GO Borrowing
$300,000 Stormwater Utility GO Borrowing
$200,000 Sewer Utility Revenue Bonds
$200,000 Water Utility Revenue Bonds
$150,000 Special Assessments
Borrowing 2,570,000
Other funds 550,000
Debt service and TOAH = 0
#13 Washinton Ave, W (Regent to Bedford) sponsored by Alder Verveer
Advance the West Washington Avenue (Regent to Bedford) project to 2018 from 2019 and reduce to GO Borrowing portion of the project by $400,000.
Borrowing (400,000)
2018 GO Impact 1,500,000
Debt Service 175,846
TOAH 1.89
Engineering-Other
#14 Projects Aerial Photo / Orthophotos sponsored by Mayor Soglin
Appropriate $50,000 in GO Borrowing to the Aerial Photo/Orthophotos capital program in 2018 for oblique imagery used by the Police Department and Fire Department for tactical operations response.
Borrowing 50,000
Debt Service 5,862
TOAH 0.06
Metro Transit
#15 Metro Satellite Bus Facility by Alder DeMarb, Alder Eskrich Alder Phair
Advance funding for construction of the Metro Satellite Bus Facility project to 2019 from 2020.
Zero fiscal impact
Parks Division
#16 Sheboygan Avenue Community Gardens Expansion sponsored by Alder Rummel Alder King
Appropriate $60,000 in GO Borrowing in the Parks Division’s 2018 capital budget for the continued relocation of the Sheboygan Avenue Community Garden. The Sheboygan Avenue Community Garden was displaced from the original Hill Farms location due to redevelopment of the Hill Farms State Office Building. Three sites are actively under consideration for additional garden space; all three are located on City parkland. The appropriation includes funding for installation of a water system and other capital improvements that may be necessary depending on the selected site, such as relocating existing park amenities. If the chosen site does not require other capital improvements, the cost is anticipated to be $15,000 for the installation of a water system.
Borrowing 60,000
Debt Service 7,034
TOAH 0.08
#17 Dog Park Improvements-Brittingham sponsored by Alder Verveer
Appropriate an additional $300,000 in impact fees and $50,000 from Transfer in From Other Restricted (Dog Park fees) for a total of $350,000 to the Dog Park Improvements project (17122) in the Parks Division’s 2018 capital budget to renovate the Brittingham Dog Park. Remove $275,000 in impact fee funding in 2021 which was for the same purpose. The renovation may include expanding the footprint of the dog park and adding artificial turf with an underdrain system to provide a stable ground cover for the park.
Borrowing = 0
Other = 350,000
Debt Service = 0
TOAH = 0
#18 Law Park Improvements sponsored by Alder Verveer Alder Rummel
Appropriate $200,000 in GO Borrowing in 2018, and add $200,000 in GO Borrowing and $100,000 in Impact Fees in 2019 for a newly created Law Park Improvements project in the Parks Division capital budget. Funding will be used for planning and technical and schematic design work for improvements at Law Park.
Borrowing 400,000
Other 100,000
Debt Service 23,446
TOAH 0.25
Police Department
#19 Police Body Worn Camera Pilot sponsored by Alder Skidmore
Appropriate $123,000 in GO Borrowing for approximately 47 body worn cameras, related equipment, training, and overtime for processing video and camera system maintenance. The project funds a one-year pilot program in the North District for patrol, Community Policing Team, and Traffic Enforcement Safety Team officers and Sergeants.
Borrowing $123,000
Debt Service 14,419
TOAH 0.16
#20 Surveillance Cameras sponsored by Alder Skidmore Mayor Soglin
Appropriate $125,000 in GO Borrowing for 18 high resolution surveillance cameras to be installed throughout the city.
Borrowing 125,000
Debt Service 14,654
TOAH 0.16
#21 Police Squad Vehicles sponsored by Mayor Soglin
Appropriate $295,000 in Transfer in From General Fund to purchase five marked squad cars and one unmarked squad and related equipment for the Midtown District Station.
Borrowing 295,000
Debt Service 34,583
TOAH 0.37
Traffic Engineering
#22 Traffic Safety Infrastructure by Alder Kemble, Alder Rummel Alder Eskrich
Appropriate $50,000 in State Sources to the Traffic Safety Infrastructure project (10428) in Traffic Engineering’s 2018 capital budget.
Borrowing = 0
Other = 50,000
Debt Service = 0
TOAH = 0
Total Proposed
Borrowing 5,796,000
Other 2,157,000
Debt Service 577,477
TOAH $6.22
*Amounts listed as “borrowing” reflect the amendment impact for the full CIP (2018-2023), reference the amendments for specific years. 2018 Proposed CIP Amendments
