19-1510 Adopting a Five Year Capital Improvement ProgramRESOLUTION NO. 19-1510
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LONGWOOD,
FLORIDA, ADOPTING A FIVE YEAR CAPITAL IMPROVEMENT PROGRAM FOR
THE FISCAL YEARS 2020, 2021, 2022, 2023 AND 2024 PURSUANT TO THE
REQUIREMENTS OF SECTION 6.07 OF THE LONGWOOD CITY CHARTER,
PROVIDING FOR EFFECTIVE DATE.
WHEREAS, Section 6.07 of the City Charter requires that the City Commission adopt a Five Year Capital
Improvement Program on or before the last day of the current fiscal year and;
WHEREAS, the City Commission has prepared a Five Year Capital Improvement Program for Fiscal Years
2020, 2021, 2022, 2023 and 2024; and
WHEREAS, a general summary of the Five Year Capital Improvement Program has been published in the
Sanford Herald on September 8, 2019, stating the times and places where copies of the Capital
Improvement Program are available for inspection by the public, and the time and place for the public
hearing;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LONGWOOD, FLORIDA,
AS FOLLOWS:
1. That a Five Year Capital Improvement Program for Fiscal Years 2020, 2021, 2022, 2023 and 2024
as indicated on "Exhibit A", is hereby adopted.
2. That "Exhibit A", containing the Five Year Capital Improvement Program, is hereby attached and
made a part of this resolution by reference thereto.
PASSED AND ADOPTED THIS 161h DAY OF September 2019.
Matt Morgan, M r
c
Approved as to form and legality for the use and reliance of the City of Longwood, Florida, only.
Daniel Langley, Ci A or
Exhibit A
Resolution No. 19-1510
CITY OF LONGWOOD- CAPITAL IMPROVEMENT PROGRAM - FISCAL YEARS 2020-2024
FINANCING METHOD
FY 20IW20
FY 2020/21
FY 2021/22
FY 2022123
FY 2023124
TOTAL
PUBLIC FACILITIES IMPROVEMENT FUND
AD VALOREM TAXES,
$ 3,125,000
$ 2,810,000
$ 3,385,000
$ 1,310,000
$ 2,559,392
$ 13,189,392
ONE CENT SALES TAX,
LOCAL OPTION GAS
TAXES AND PAVING
ASSESSMENTS
AD VALOREM TAXES,
CAPITAL PROJECTS FUND
GRANTS
4,898,366
1,242,457
1,693,293
1,168,300
3,854,491
$ 12,856,907
STORMWATER CAPITAL IMPROVEMENT
STORMWATER FEES
157,000
1,160,329
360,000
350,000
350,000
$ 2,377,329
PUBLIC UTILITIES FUND I WATER &WASTEWATER
FUND REVENUES
6,557,865
7,289,540
4,854,800
4,545,500
14,365,800
$ 37,613,505
TOTAL CAPITAL IMPROVEMENT PROGRAM
$ 14,738,231
$ 12,502,326
$ 10,293,093
$ 7,373,800
$ 21,129,683
$ 66,037,133