21-1577 Five Year Capital Improvment Program Fiscal YearsRESOLUTION NO.21-1577
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LONGWOOD, FLORIDA,
ADOPTING A FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM FOR THE FISCAL
YEARS 2022, 2023, 2024, 2025, AND 2026 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 2022, 2023, 2024, 2025 and 2026; and
WHEREAS, a general summary of the Five -Year Capital Improvement Program has been published
in the Sanford Herald and Orlando Sentinel, 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 2022, 2023, 2024, 2025,
and 2026 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 20th DAY OF SEPTEMBER, 2021.
v
Brian D. Sackett, Mayor
MUM
Approved a and legality for the use and reliance of the City of Longwood, Florida, only.
Daniel angley, City 16or,4y
Resolution 21-1577- Exhibit A
CITY OF LONGWOOD
CAPITAL IMPROVEMENT PROGRAM
FISCAL YEARS 2022-2026
FINANCING METHOD
FY 2021122
FY 2022123
FY 2023124
FY 2024125
FY 2025126
TOTAL
PUBLIC FACILITIES IMPROVEMENT FUND
ONE CENT SALES TAX,
$ 4,663,000
$ 1,000,000
$ 1,935,000
$ 1,325,000
$ 2,740,000
$ 11.663,000
LOCAL OPTION GAS
TAXES AND PAVING
ASSESSMENTS
CAPITAL PROJECTS FUND
LOAN PROCEEDS,
GRANTS
5,332,488
1,554,903
3,708,082
1,647,364
747,843
$ 12,990,680
STORMWATER CAPITAL IMPROVEMENT
STORMWATER FEES
210,000
175,000
515,000
855,000
350,000
$ 2,105,000
PUBLIC UTILITIES FUND / WATER & WASTEWATER
FUND REVENUES,
7,138,000
6,605,000
5,850,000
17,565,000
3,165,000
$ 40.323.000
GRANTS
TOTAL CAPITAL IMPROVEMENT PROGRAM
$ 17,343,488
$ 9,334,903
$ 12,008,082
$ 21,392,364
$ 7,002,843
$ 67,081,680