Page 316 - FY 2021-22 Blue Book Volume 2
P. 316
Capital Finance Administration Fund
2021-22 Proposed MICLA Acquisitions
Estimated
1
CAPITAL EQUIPMENT Funding Interest
1. Bureau of Street Services Powerscreen Unit for Asphalt Plant 850,000 278,000
2. General Services Department (GSD) Vehicle and Equipment Replacement 10,000,000 3,267,000
3. Fire Department (Fire) Vehicle Replacement 20,000,000 6,534,000
4. Fire Voice Radio System Upgrade (Phase II) 3,100,000 1,013,000
5. Police Department (Police) and Fire Radio Infrastructure 534,158 175,000
6. Police Helicopter Replacement 7,472,289 2,441,000
7. Police Vehicle Replacement 8,078,000 2,639,000
8. Transportation Traffic Signal Safety Project 20,000,000 6,534,000
SUBTOTAL $ 70,034,447 $ 22,881,000
2
MICLA Funding Restoration for Deferred Capital Equipment :
9. Bureau of Sanitation Clean Streets Vehicles (2017-18 Adopted Budget) 147,000 48,000
10. Bureau of Street Lighting (BSL) Electric Vehicle Charging 1,200,000 392,000
Stations (2020-21 Adopted Budget)
11. BSL Fleet Replacement (2019-20 Adopted Budget) 1,610,000 526,000
12. BSL Fleet Replacement (2018-19 Adopted Budget) 2,492,582 814,000
13. GSD Fleet Shop Equipment Replacement (2019-20 Adopted Budget) 61,041 20,000
14. GSD Vehicle and Equipment Replacement (2020-21 Adopted Budget) 10,000,000 3,267,000
15. GSD Vehicle and Equipment Replacement (2019-20 Adopted Budget) 10,000,000 3,267,000
16. GSD Vehicle and Equipment Replacement (2018-19 Adopted Budget) 12,023,539 3,928,000
17. Police Vehicle Replacement (2020-21 Adopted Budget) 1,964,479 642,000
18. Police Vehicle Replacement (2019-20 Adopted Budget) 202,233 66,000
19. Recreation and Parks (RAP) Homeless Encampment 390,000 127,000
Cleanup (2019-20 Adopted Budget)
20. RAP HVAC Assessment Vehicles (2019-20 Adopted Budget) 360,000 118,000
21. RAP Tree Maintenance Vehicles (2019-20 Adopted Budget) 315,597 103,000
1 Estimated interest cost over the life of the bonds. Actual interest rate will depend on market conditions at the time of bond
issuance.
2 The projects were previously authorized by the Mayor and Council for MICLA financing. As part of the 2020-21 Second Financial
Status Report, the Mayor and Council approved the deferral of these projects in order to create capacity for deficit borrowing as
a debt option to close the budget gaps created by the COVID-19 pandemic (C.F. 20-0600-S84). In the 2020-21 Third FSR (C.F.
20-0600-S90), however, the Mayor and Council approved a plan that did not require deficit borrowing to balance the budget.
Thus, the 2021-22 Proposed Budget restores several of the deferred projects.
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