HomeMy WebLinkAboutFY 24 Annual Published Street ReportCITY OF REXBURG
Annual Road and Street Financial Report
For the Fiscal Year Ending 9/30/2024
Beginning Balance 10/1/2023 6,656,480
RECEIPTS
Local Funding Sources:
Property tax levy (for roads, street and bridges)-County Passthrough 319,909
Sale of Assets 473
Interest Income 187,274
Local Impact Fees 530,017
All other Local sources 5,591,410
Total Local Funding 6,629,083
State Funding Sources:
Highway User Revenue including HB 362 and 365 3,837,010
Other State Receipts 2,057,300
Federal Funding Sources:
Federal-aid Bridge 188,510
All Other Federal Funding 0
Total Receipts 12,711,903
DISBURSEMENTS
New Construction:
Roads 2,551,549
Bridges, culverts and storm drainage 210,757
RR Crossing 488,481
Other (signs, signals or traffic control)439,949
Reconstruction/Replacement/Rehabilitation:
Roads (rebuilt, realign, or overlay upgrade)4,565,148
Bridges, culverts and storm drainage 0
Routine Maintenance:
Chip sealing or seal coating 153,038
Patching 335,021
Winter Maintenance 193,687
Other Gen. Maint.(signs, signals or traffic control)1,143,224
Equipment:
New equipment purchase 225,979
Equipment maintenance 278,709
Other-Building Purchase 0
Administration:304,877
Other:
Right-of-way and Property purchases 0
Street Lighting 914,751
Professional services - engineering 395,969
Total Disbursements 12,201,139
Receipts over disbursements 510,764
Closing Balance 9/30/2024 7,167,244
Funds Obligated for Future Projects 7,167,244
Ending Balance 9/30/2024 0
REPORTING MEASURES
Total Lane Miles Constructed 2.63
Total Square Feet of Bridge Deck Const.0.00
Total Lane Miles Rebuilt 11.72
Total lane miles chip sealed or seal coated 4.64
Total lane miles graded or bladed 0.00
FUTURE PROJECTS/RESERVE DESCRIPTIONS Year Amount
2025 2,950,000
2026 2,800,000
2027 2,490,000
2028 2,555,000
2029 2,465,000
Funds Obligated for Future Projects 13,260,000
Deferred maintenance costs over the last 5 years 13,260,000
Road Reconstruct LID: Birch Avenue, 5th W from Yellowstone to 7th S, Park
Street, 1st S from 2nd W to Center, 1st W from 1st S to Main
Road Reconstruct LID: 1st N from 2nd W to 2nd E, 3rd E from Main to 2nd N,
Dell Drive from N Hill Rd to Dell Dr, Millhollow Rd from 2nd S to Hospital, and
1st S from Center to 1st E
Road Reconstruct LID: 4th N from Eagle to 3rd W, 5th S from 5th W to 3rd W,
University Blvd from 5th West to remainder and 12th W to end, 3rd S from 3rd
E to 4th E, and 4th E from 5th S to 7th S
Road Reconstruct LID: 4th W from 2nd S to 6th S, 7th S from Hwy 20 to 2400
W
Road Reconstruct LID: Trejo from Yellowstone to Mariah, 4th W from Main to
wnd S and 1st N 2nd N, 2nd W from 4th S to 7th S, 2nd E at 2nd S, and Ashe
Avenue from Main to Maple