CIP FY 26-30 Final - Flipbook - Page 25
Law Enforcement Capital Expansion Fund
This fund is used to account for the accumulated revenues derived from Law Enforcement Impact Fees
collected from newly constructed facilities. These impact fees are used to help defray the cost of
capital expenditures necessitated by growth and must be used for expansion of Police Department
needs and facilities.
This fund can assist the City with any expansion/enhancements of its public safety facilities and
equipment.
Law Enforcement Capital Expansion Funding Analysis:
Currently, the fund’s revenue is projected to grow marginally at a rate of 3%, generating minimal
accumulated funds. However, impact fees have not been reviewed or raised for over 20 years. The
City is currently in the process of conducting an impact fee rate study with an independent consultant.
Over the next five years, the projected ending fund balance is $775,779. This allows for minimal funds
to accommodate any expansion projects during this period. However, some of the projects in this
fund may be jointly funded with the Sales Tax Capital Projects Fund, the Fire Prevention Capital
Expansion Fund and/or the General Fund.
By sharing the financial burden of qualified projects, the City can ensure the functionality and
modernization of the Police Department’s equipment, which is a number one priority for the
community’s public safety.
Law Enforcem ent Capital
Expansion Fund
Fund Balance, Less
Investm ent in Capital
Estim ated
Proposed
Projected
Projected
Projected
Projected
FY 24-25
FY 25-26
FY 26-27
FY 27-28
FY 28-29
FY 29-30
$
452,159
$
494,394
$
547,394
$
601,984
$
658,212
$
716,127
Permits & Fees Revenue
35,000
35,000
36,050
37,132
38,245
39,393
Interest Earnings
20,259
8,300
18,000
18,540
19,096
19,669
Transfers from Other Funds
-
-
-
-
-
-
Total Revenue
Total Funding Available
43,300
53,000
54,590
56,228
57,915
59,652
495,459
547,394
601,984
658,212
716,127
775,779
Less:
Operating Expenditures
600
-
-
-
-
-
Transfers to Other Funds
465
-
-
-
-
-
CIP Projects
Total Expenditures
Net Operating Incom e
(Loss)
Fund Balance, End of Year
-
-
-
-
-
-
1,065
-
-
-
-
-
42,235
$
494,394
53,000
$
54,590
547,394
$
601,984
56,228
$
658,212
NOTES:
1. Beginning Fund Balance in FY 2024/25 ties with ACFR for FY 2023/24 Year-end balance
2. There are no expansion projects budgeted in the five-year horizon
21
57,915
$
716,127
59,652
$
775,779
