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HomeMy WebLinkAboutCity Council 1/4/2017CITY OF REXBURG Annual Road and Street Financial Report For the Fiscal Year Ending 9/30/2016 Beginning Balance 10/1/2015 1,501,670 RECEIPTS Local Funding Sources: Sale of Assets 349,700 local Impact Fees 403,158 All other Local sources 3,442,603 Total Local Funding 4,195,461 State Funding Sources: Highway User Revenue 1,266,582 Other State Receipts 57,000 Federal Funding Sources: All Other Federal Funding 0 Total Receipts 5,519,043 DISBURSEMENTS New Construction: Roads 956,194 Bridges, culverts and storm drainage 719,909 Other (signs, signals or traffic control)113,430 Reconstruction/Replacement/Rehabilitation: Roads (rebuilt, realign, or overlay upgrade)449,991 Bridges, culverts and storm drainage 12,318 Other (signs, signals or traffic control)7,770 Routine Maintenance: Chip sealing or seal coating 154,973 Patching 71,338 Winter Maintenance 117,342 Grading/Blading 1,360 Other Gen. Maint.(signs, signals or traffic control)817,554 Equipment: New equipment purchase 566,972 Equipment maintenance 222,911 Administration:310,412 Other: Right-of-way and Property purchases 98,914 Street Lighting 89,912 Professional services - audit, clerical, and legal- Transportation Study 15,481 Professional services - engineering 246,943 Total Disbursements 4,973,724 Receipts over disbursements 545,319 Closing Balance 9/30/2016 2,046,989 Funds Obligated for Future Projects 2,046,989 Ending Balance 9/30/2016 0 REPORTING MEASURES Total Lane Miles Constructed 1.20 Total Square Feet of Bridge Deck Const.0.00 Total Lane Miles Rebuilt 1.10 Total Square Feet Bridge Deck Re-Const.0.00 Total lane miles chip sealed or seal coated 9.96 Total lane miles graded or bladed 0.00 FUTURE PROJECTS/RESERVE DESCRIPTIONS Center Street Lighting-Downtown Area 184,800 Traffic Signal-New-7th S & Signal Upgrades on Yell.450,000 2nd E Road Widen 443,837 Reconstruct 5th West-Kennedy to 4th S 950,000 Reconstruct 4th W-Main to 1st N 200,000 Ricks Avenue Reconstruct 100,000 2nd W-1st N to 2nd N Reconstruct 150,000 Sidewalk/C&G/ROW-Univ. at overpass area 100,000 Right-of-way Purchase-University to Sunrise 500,000 2nd E-Yellowstone Highway to Stationary Rd 670,000 2nd N-2nd W to 4th W 240,000 Funds Obligated for Future Projects 3,988,637 HB312 Revenue Expenditure Report 249,915 Deferred maintenance costs over the last 5 years 3,090,000 Total Received: Chip Sealing/Seal Coating/Road Rehabilitation