HomeMy WebLinkAboutMN Annual Published Street Report For City Council FY22CITY OF REXBURG
Annual Road and Street Financial Report
For the Fiscal Year Ending 9/30/2021 9/30/2022
Beginning Balance 10/1/2021 3,357,268 4,628,240
RECEIPTS
Local Funding Sources:
Sale of Assets 7,560 0
Interest Income 565 1,977
Local Impact Fees 165,550 156,870
All other Local sources 4,527,014 8,247,289 8,247,289 Revenue Source
Total Local Funding 4,700,689 8,406,136 1,944,573 Franchise Fees/ROW Charges
State Funding Sources:55,207 Misc-Clawback, Grants
Highway User Revenue 1,775,969 2,193,933 587,229 County-Road & Bridge
Other State Receipts 1,040,800 -2,000 1,678,628 URA Contributions
Federal Funding Sources:3,724,826 Contributed Assets-Developers
All Other Federal Funding 3,456 60,822 256,826 Lighting Fees
Total Receipts 7,520,914 10,658,891
DISBURSEMENTS
New Construction:
Roads 1,725,094 4,991,004
Bridges, culverts and storm drainage 0 0
RR Crossing 497,058 0
Other (signs, signals or traffic control)212,586 631,754
Reconstruction/Replacement/Rehabilitation:
Roads (rebuilt, realign, or overlay upgrade)701,641 1,346,646
Bridges, culverts and storm drainage 10,043 205,596
Routine Maintenance:
Chip sealing or seal coating 121,560 186,981
Patching 187,043 212,350
Winter Maintenance 236,292 209,983
Other Gen. Maint.(signs, signals or traffic control)1,007,391 1,097,489
Equipment:
New equipment purchase 136,213 542,059
Equipment maintenance 305,180 398,422
Other-Building Purchase 300,000 0
Administration:351,249 368,192
Other:
Right-of-way and Property purchases 105,030 12,097
Street Lighting 86,682 61,504
Professional services - engineering 266,880 407,103
Total Disbursements 6,249,942 10,671,180
Receipts over disbursements 1,270,972 -12,289
Closing Balance 9/30/2022 4,628,240 4,615,951
Funds Obligated for Future Projects 4,628,240 4,615,951
Ending Balance 9/30/2022 0 0
REPORTING MEASURES
Total Lane Miles Constructed 2.89 2.76
Total Square Feet of Bridge Deck Const.0.00 0.00
Total Lane Miles Rebuilt 1.46 2.84
Total lane miles chip sealed or seal coated 6.72 6.80
Total lane miles graded or bladed 1.47 1.47
FUTURE PROJECTS/RESERVE DESCRIPTIONS Year Amount
2023 2,022,400
2024 1,300,000
2025 1,400,000
2026 1,908,000
2027 1,722,000
Funds Obligated for Future Projects 8,231,500 8,352,400
Deferred maintenance costs over the last 5 years 3,300,000 6,330,000
Road Reconstruct LID: 1st E from 2nd N to 2nd S and Center Street
from 2nd N to 1st N and 1st S to 2nd S
Road Reconstruct LID: Birch Avenue, 2nd E-Main to 1st South
Road Reconstruct LID: Barney Dairy and N Hill Road-CRABS
Road Reconstruct LID: 4th E From 1st N to Main Street, 5th West
from Yellowstone Highway to 7th S, 7th S from Highway to 12th W
Road Reconstruct LID: 4th W from 2nd N to 5th S