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ResolutiontoAdopt20YearTransportationPlan
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2018-10-16 10:00 AM - Commissioners' Agenda
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ResolutiontoAdopt20YearTransportationPlan
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Last modified
10/11/2018 12:26:35 PM
Creation date
10/11/2018 12:21:58 PM
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Meeting
Date
10/16/2018
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Supporting documentation
Supplemental fields
Alpha Order
s
Item
Request to Approve a Resolution Adopting the Kittitas County Twenty Year (2018-2038) Transportation Plan
Order
19
Placement
Consent Agenda
Row ID
48517
Type
Resolution
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Exhibit 13. Financial Capacity for Operating Expenditures in 6 -Year Period (2018$) <br />6 -year period: 2018-2023 <br />Projected Revenue $60.4 million <br />- Capital -restricted funds $23.0 million <br />Available for Operating Expenditures $37.4 million <br />Available for Operating Expenditures $37.4 million <br />- Projected Operating Expenditures $48.6 million <br />Operating Expediture Deficit ($11.2) million <br />Sources: Kittitas County Public Works 2018; BERK Consulting 2018. <br />Note: Capital -restricted funds are federal grants, state grants, and Road Fund allocations to match grants. <br />If the previous funding opportunities are carried forward over the 20 -year period, the County would <br />generate $207 million with $130 million available for operations and $77 million restricted for capital <br />expenses. With a projection of $170 million for operational expenses, the County faces a $41 million <br />deficit in operating revenues. <br />Over the 20 -year period, the County would have $77 million available for the prioritized capital <br />projects list over the life of this plan. This is not sufficient to complete the $127 million of projects on the <br />County's prioritized project list; the County faces a $50 million deficit for capital needs. If some of the <br />operating funds were used to complete the capital projects list, then the operating expenditures deficit <br />would be even greater. The County's total deficit over 20 years for operating and capital uses is $91 <br />million. <br />Exhibit 14. Financial Capacity For Operating Expenditures and Capital Projects in 20 -Year Period (2018$) <br />20 -year period: 2018-2037 <br />Projected Revenue $206.5 million <br />- Capital -restricted funds $76.7 million <br />Available for Operating Expenditures $129.8 million <br />Available for Operating Expenditures $129.8 million <br />- Projected Operating Expenditures $170.5 million <br />Operating Expediture Deficit or Surplus ($40.7) million <br />Capital -restricted funds $76.7 million <br />-Capital Projects List $127.0 million <br />Capital Expenditure Deficit or Surplus ($50.3) million <br />Total Operating and Capital Deficit ($91.0) million <br />Sources: Kittitas County Public Works 2018; BERK Consulting 2018. <br />Note: Capital -restricted funds are federal grants, state grants, and Road Fund allocations to match grants. <br />: <br />
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