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Home My WebLink AboutAgenda 06-12-2023TOWN OF ITHACA BUDGET COMMITTEE Monday, June 12, 2023 - 12:00 p.m. Join Zoom Meeting https://us06web.zoom.us/j/5063713554 AGENDA Next Meeting: Monday, July 10, 2023 - 12:00 p.m. • Review and approve meeting minutes from May 8, 2023. • Chamber of Commerce discussion with Sarah Barden. • TCAT discussion with Erik Amos. • Review and discuss Draft Capital Improvement Plan 2024-2028. • Review and discuss 2024 Fleet Replacement Schedule. • Review February Sales Tax Receipts. • Review and approve 1Q 2023 Budget Amendments. • Review 2023 Interest Earnings and Investments. • Discuss 2024 Property Tax Cap. • Other Items. 1 BUDGET COMMITTEE Meeting Minutes - May 8, 2023 Committee present: Eric Levine - Chairman, Pam Bleiwas, Rod Howe Staff present: Donna Shaw, Marty Mosely, CJ Randall, Paulette Rosa, Joe Slater, Dan Thaete Meeting was called to order at 12:01 p.m. AGENDA ITEMS:  Review and approve meeting minutes from March 20, 2023. Moved: Rod Howe Second: Pam Bleiwas Motion: Passed  Review and discuss proposed Dissolution Plan for Burleigh Drive Lighting District. The Committee reviewed and discussed the draft Dissolution Plan for Burleigh Drive Lighting District. The other nine dissolution plans will be modeled from this one. The Department of State published a summary of the requirements for dissolution. It was recommended that a statement be added to confirm that the dissolution does not require any transfer or elimination of public employees.  Review and discuss projected debt payments. The committee reviewed and discussed the Water Fund Debt Service by Year report. In 2024 we will make the final $90,000 payment on the 2014-A bond issue. The 2020-B bond principal payment also decreases from $185,000 in 2024 to $100,000 in 2025 due to both the Trumansburg Road and Hanshaw Road Water Improvements (refinanced from 2009) being paid in full. This allows us to take on another estimated $2,500,000 in water debt without increasing the yearly debt service payments. The committee also reviewed and discussed the benefit assessment fee calculation used to cover water and sewer debt payments.  Review January Sales Tax receipts. January sales tax receipts totaled $369,199.97, 5.6% higher than the $349,600.04 received for January 2022. The County is a little behind in sending payments, but OSC is reporting a 7% increase in the 1Q 2023 statewide. The OSC report was also shared with the committee.  Review 1Q 2023 Budget Amendments. The budget amendments were not available for review at this time.  Review and discuss 2023 Interest Earnings and Investments. The Committee reviewed and discussed the Interest Income Report through April. In 2023 we budgeted $453,530 in interest across all funds, an increase of 357,164 over the $96,366 budgeted in 2022. Year to date we have earned $436,036.81 in interest. General Fund has already exceeded their interest revenue budget by $40,548.04. 2  Consider Tompkins County Chamber of Commerce membership. The Committee discussed potential membership to the Chamber of Commerce. The Committee would like to hear more from the Chamber regarding the benefits of joining. A representative will be invited to a future meeting.  Other items. The Committee discussed inviting TCAT to the June meeting to discuss project funding needs within the Town. The meeting was adjourned at 12:43 p.m. Next Meeting: Monday, June 12th at 12:00 p.m., Town Hall - Aurora Room or Zoom C H A M B E R 1 0 1 M a x i m i z e Y o u r M e m b e r s h i p ENGAGE THRIVE IMPACT Who are we? We are a membership-based organization with a MISSION to foster a healthy economy, a vibrant destination, and improve quality of life in Tompkins County. THE CHAMBER AT A GLANCE Hospitality/Tourism 16.4% Retail/Services 13.8% Fin/Ins/Legal 10.8% Construction 8.8% Health/Wellness 8.3% Marketing/Media 7% Real Estate 6.3% Community 5.5% Arts/Culture 5.3% Business Services 5.1% Education 3.6% Software 2.8% Govt/Electeds 2.5% Manufacturing 1.7% M E M B E R S 7 0 0 + 80%20% Within Tompkins: Out of Tompkins: L O C A T I O N O F M E M B E R S H I P : Of the businesses in Tompkins County, 49% are outside the City of Ithaca THE CHAMBER AT A GLANCE Our VISION is to be an inclusive organization that supports thriving communities where businesses are successful, nonprofits are inspiring, and the tourism economy is flourishing. 20% of members are nonprofits 46% of members have fewer than 10 employees THE CHAMBER AT A GLANCE Joining the Chamber means joining a diverse group with shared VALUES: Commitment to our Community Diversity & Inclusion Entrepreneurial Spirit & Free Enterprise Environmental Stewardship Integrity & Accountability Involved Leadership Participation & Collaboration THE CHAMBER AT A GLANCE Name, Organization, Role One sentence description of your services What are your current goals? 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Proud Member Window Cling Enhance customers' perception of your business before they even step foot inside your door. $1 ,0 0 0 Average membership value ENGAGE THRIVE IMPACT Let's Do This! 7 PRO U D MEM B E RTOMP K I N SC H A M B E R .O R G Join Here # Equipment to be Auctioned / Traded & Replaced Useful Life Original Purchase Price Year Purchased Replacement Cost (Budgeted) Age of Equipment Since Purchased New Annual Repair Costs (2022) Lifetime Total Repair Costs (Parts and Labor) Projected Auction Price / Trade Mileage / Hours Green Fleet Options 3 2017 International 10-Wheeled Dump Truck 8 234,427.00$ 2016 300,000.00$ 7 4,808.00$ 40,550.00$ 84,460.00$ 61,588 NO 9 2016 Volvo 10 Wheeled Dump Truck 8 216,978.84$ 2015 350,000.00$ 8 30,220.00$ 75,684.00$ 75,600.00$ 56,749 NO 60 2015 F-350 4 x 2 Crew Cab 10 41,591.39$ 2014 60,000.00$ 9 3,334.00$ 13,358.00$ 22,400.00$ 89,935 NO 360 2014 Bobcat Model T650 Skid Steer 10 53,206.41$ 2014 75,000.00$ 9 3,892.00$ 14,600.00$ 36,000.00$ 1,136 NO 44 2019 Bobct Toolcat 4 72,842.88$ 2019 87,000.00$ 4 5,964.00$ 7,992.00$ 40,000.00$ 850 NO 28 2015 Ford F350 XL 4x4 Light Duty Dump 10 44,362.80$ 2015 65,000.00$ 8 1,114.00$ 9,977.00$ 20,000.00$ 57,076 NO T12 2011 Quality Steel Utility Trailer (5000 Lbs)15 4,006.00$ 2011 8,500.00$ 12 4,669.00$ 6,830.00$ 3,360.00$ NA NA Total Projected Auction Income 281,820.00$ New Equipment to be Added to the Fleet 945,500.00$ Equipment to be Auctioned / Traded & Not Replaced Total Projected Auction Income -$ Total Auction Income 281,820.00$ Total New/Replaced Equipment 945,500.00$ Estimated Projected Auction Income 281,820.00$ Total Estimated Cost Including Items Sold 663,680.00$ Town of Ithaca - Proposed Fleet Replacement Schedule 2024 Total New Equipment General Highway Fire Part-Town Part-Town Protection TOTAL Liability Month B1120 DB1120 SF1120 Month Collected 1,732,000.00$ 1,712,000.00$ 306,000.00$ 3,750,000.00$ 0.4619 0.4565 0.08 1.0000 January May 170,521.16$ 168,552.09$ 30,126.72$ 369,199.97$ February June 155,969.07$ 154,168.04$ 27,555.74$ 337,692.85$ March June 0.00 0.00 0.00 -$ April June 0.00 0.00 0.00 -$ May June 0.00 0.00 0.00 -$ June August 0.00 0.00 0.00 -$ July August 0.00 0.00 0.00 -$ August November 0.00 0.00 0.00 -$ September November 0.00 0.00 0.00 -$ October December 0.00 0.00 0.00 -$ November February 0.00 0.00 0.00 -$ December February 0.00 0.00 0.00 -$ TOTAL COLLECTIONS:326,490.23$ 322,720.14$ 57,682.45$ 706,892.82$ TOTAL - 2023 BUDGET:1,732,000.00$ 1,712,000.00$ 306,000.00$ 3,750,000.00$ % of 2023 Budget Collected: 18.9% 18.9% 18.9% 18.9% COMPARISON PERIOD 2020 2021 2022 2023 TO PRIOR YEAR January 266,756.00$ 241,976.77$ 349,600.04$ 369,199.97$ 105.61% February 241,529.18 220,287.15 300,462.74 337,692.85 112.39% March 294,969.05 392,202.28 396,743.39 - 0.00% 1st Quarter 803,254.23$ 854,466.20$ 1,046,806.17$ 706,892.82$ 67.53% April 193,919.94$ 281,825.36$ 350,840.20$ - 0.00% May 181,781.59 284,332.00 366,126.50 - 0.00% June 279,411.53 431,611.13 330,348.56 - 0.00% 2nd Quarter 655,113.06$ 997,768.49$ 1,047,315.26$ -$ 0.00% First 6 Months 1,458,367.29$ 1,852,234.69$ 2,094,121.43$ 706,892.82$ 33.76% July 254,742.19$ 314,638.93$ 384,844.57$ - 0.00% August 248,307.40 312,514.79 358,575.22 - 0.00% September 437,518.95 472,220.61 458,984.88 - 0.00% 3rd Quarter 940,568.54$ 1,099,374.33$ 1,202,404.67$ -$ 0.00% First 9 Months 2,398,935.83$ 2,951,609.02$ 3,296,526.10$ 706,892.82$ 21.44% October 269,331.84$ 292,143.63$ 350,174.18$ - 0.00% November 231,274.86 302,394.38 340,396.99 - 0.00% December 381,304.49 436,657.63 496,300.24 - 0.00% 4th Quarter 881,911.19$ 1,031,195.64$ 1,186,871.41$ - 0.00% ANNUAL TOTAL 3,280,847.02$ 3,982,804.66$ 4,483,397.51$ 706,892.82 15.77% COMPARISON PERIOD 2020 2021 2022 2023 TO PRIOR YEAR April/May 100,391.42$ 158,060.48$ 134,965.47$ -$ 0.00% October/November 196,709.44 224,517.51 269,365.59 - 0.00% ANNUAL TOTAL 297,100.86$ 382,577.99$ 404,331.06$ -$ 0.00% SALES TAX COLLECTIONS For the Year Ending December 31, 2023 2019 - 2022 COMPARISON OF SALES TAX COLLECTIONS Mortgage Tax Collections Meeting of the Ithaca Town Board TB Resolution 2023 -: Approval of Budget Transfers, Amendments and Modifications for April 30, 2023. Whereas, the Town Finance Officer has reviewed all budgetary revenue and appropriation accounts for the period ending April 30, 2023, and Whereas, this review disclosed certain budgetary revenues and expenditures requiring transfers, amendments or modifications summarized below: General Town-wide Fund Budget Amendment Account Description From To A2401 Interest 162,500 A7110.271 Heavy Duty Truck 130,000 A8540.271 Heavy Duty Truck 32,500 Budget Transfers Account Description From To A1110.412 Law Library & Publications 100 A1110.400 Contractual 100 A1220.415 Telephone 600 A1220.416 Supervisor – Cell 600 A1220.415 Telephone 100 A1220.420 Dues & Publications 100 A1410.400 Contractual 150 A1410.410 Conferences & Mileage 150 A1990.499 Contingency Account 2,158 A1620.449 Furniture & Furnishings 2,158 A1620.516 Town Hall Green Improvements 25,000 A5132.520 PW Green Improvements 25,000 A9950.900 Transfer to Capital Project Fund 50,000 A1990.499 Contingency Account 3,000 A1910.439 Liability Insurance 3,000 A1990.499 Contingency Account 7,774 A1920.488 Taxes/Assessments on Town Property 7,774 General Part Town Fund Budget Transfers Account Description From To B8010.400 Contractual 1,200 B8010.449 Furniture & Furnishings 1,200 B8020.403 Planning Study 700 B8020.449 Furniture & Furnishings 700 Highway Fund Budget Amendment Account Description Increase Increase DA599 Appropriated Fund Balance 175,000 DA5130.271 Heavy-Duty Equipment 175,000 Highway Part-Town Fund Budget Amendment Account Description Increase Increase DB1120 Sales Tax 150,000 DB5130.271 Heavy-Duty Equipment 150,000 Budget Transfer Account Description From To DB1650.415 Telephones 500 DB1680.491 Hardware & Equipment 500 DB1650.415 Telephones 2,000 DB1910.439 Liability Insurance 2,000 Water Fund Budget Amendment Account Description Increase Increase F2401 Interest 30,000 F8340.271 Heavy-Duty Equipment 30,000 Budget Transfers Account Description From To F1990.499 Contingency Account 67,500 F8340.271 Heavy-Duty Equipment 67,500 Sewer Fund Budget Amendment Account Description Increase Increase G2401 Interest 10,000 G8120.271 Heavy-Duty Equipment 10,000 Budget Transfers Account Description From To G1990.499 Contingency Account 55,000 G8120.271 Heavy-Duty Equipment 55,000 Now, therefore, be it Resolved, that this Town Board authorizes and directs the Town Finance Officer to record all budget transfers, amendments, and modifications, including all other changes deemed appropriate and necessary. Moved: Seconded: Vote: ayes- FUNDS JANUARY FEBRUARY MARCH APRIL MAY TOTAL Budget Variance General Fund 34,322.20$ 53,409.18$ 44,688.56$ 41,194.10$ 38,924.45$ 212,538.49$ 133,066.00 79,472.49 General Part-Town Fund 7,567.53 6,067.56 7,526.08 7,005.33 7,496.33 35,662.83 54,603.00 (18,940.17) Highway Fund - DA 3,307.22 3,779.34 4,622.28 4,195.99 3,949.55 19,854.38 24,394.00 (4,539.62) Highway Part-Town Fund - DB 12,676.69 11,543.65 17,677.86 16,843.53 18,995.30 77,737.03 65,044.00 12,693.03 Water Fund 8,530.13 10,152.70 11,313.88 12,184.00 12,139.23 54,319.94 44,191.00 10,128.94 Sewer Fund 10,421.57 10,524.00 10,084.56 11,802.96 12,659.33 55,492.42 78,949.00 (23,456.58) Risk Retention Fund 509.30 510.73 556.96 537.18 592.94 2,707.11 2,600.00 107.11 Fire Protection Fund 12,246.50 17,285.44 19,132.06 17,241.89 17,308.81 83,214.70 50,183.00 33,031.70 Debt Service Fund 1,411.69 1,519.52 1,686.19 1,685.89 1,748.92 8,052.21 500.00 7,552.21 Light District Funds 114.21 52.01 18.44 87.90 150.85 423.41 - 423.41 TOTAL - Operating Accounts 91,107.04$ 114,844.13$ 117,306.87$ 112,778.77$ 113,965.71$ 550,002.52$ 453,530.00 96,472.52 Investment Balance Interest Rate Maturity Savings 706,057$ 3.00%n/a CD - 12 Mos.8,214,749 3.85%7/4/2023 CD - 12 Mos.5,093,435 4.50%12/27/2023 CD - 12 Mos.5,056,457 4.60%2/13/2024 CD - 24 Mos.53,902 0.35%10/25/2023 NYCLASS 11,688,443 4.89%n/a TOWN OF ITHACA - INTEREST INCOME FOR FY-2023 Investments as of 6/6/2023 Infrastructure/Buildings/Maintenance Infrastructure Year ACCOUNT #2023 Cost ACCOUNT #2024 Cost ACCOUNT #2025 Cost 2026 Cost 2027 Cost 2028 Cost Water Tanks Hungerford Hill Tank 1,500,000.00$ Water Tanks TOTAL:-$ -$ -$ -$ -$ 1,500,000.00$ Water Mains F8340-500 Troy/Coddington Backup Generators* (Gen equip:$89,900)250,000.00$ F8340-5XX F8340-5XX Backup Generator-Christopher Circle 130,000.00$ Winners Circle WM Replacement $ 170,000.00 Trumansburg Tank Main Replacement $ 800,000.00 Bostwick Tank to 7 Mile Drive $ 300,000.00 ARPA Funds Ridgecrest Watermain** (CO amount: $114,700)1,261,700.00$ Lead and Copper Rule-Services Identification 50,000.00$ F8340-5XX West Hill Hospital Redundancy $ 550,000.00 Wildflower/Strawberry Cir. Water Main $ 412,500.00 Northview Tank to Coddington $ 500,000.00 F8340-5XX Pine Tree PRV & Pine Tree Watermain Upgrade $ 1,200,000.00 West Hill Tank Main Replacement $ 950,000.00 Water Mains TOTAL: $ 1,511,700.00 $ 50,000.00 $ 1,880,000.00 $ 1,532,500.00 1,300,000.00$ 300,000.00$ Sanitary Sewers ARPA/Bonding FH Pump Station & Forcemain**1,089,445.00$ G8120-5XX Sewer Lining and Manhole Rehab 300,000.00$ G8120-5XX Sewer Lining and Manhole Rehab-NE 300,000.00$ Sewer Lining and Manhole Rehab 300,000.00$ Sewer Lining and Manhole Rehab 300,000.00$ Sewer Lining and Manhole Rehab 300,000.00$ NE I&I study 92,250.00$ G8120-5XX Inlet Valley PS Rehab/Rebuild/FM 1,200,000.00$ G8120-5XX Linderman Creek Lateral Crossing 50,000.00$ Danby Road Sewer Upgrades Danby 105 to Danby 75 $ 540,000.00 $ 540,000.00 G8120-5XX Floral Ave. Sewer Upgrades 1,000,000.00$ Mitchell Street Sewer Upgrades 1,025,000.00$ Jointly Owned Interceptors Stewart Park Pump Staion Phase A-Forcemain (Joint Budget: $43,582)18,230.00$ Stewart Park Pump Station Phase B-Misc. Pump Station Improvements (Joint Budget: $127,148)52,856.00$ Cherry St Sewer & Forcemain Upgrades Phase 3A (Joint Budget: $30,000)12,471.00$ Cherry St Sewer & Forcemain Pipe Bridge Phase A-Hire Consultant (Joint Budget: $13,000)5,404.10$ Cherry St Sewer & Forcemain Pipe Bridge Phase B-Construct (Joint Budget: $32,000)13,302.40$ Cherry Street Misc. Improvements Phase A-Study and misc. HVAC. Lighting, & Safety upgrades (Joint Budget: $50,000)20,785.00$ Cherry Street Misc. Improvements Phase A-Study and misc. HVAC. Lighting, & Safety upgrades (Joint Budget: $450,000)187,065.00$ Cass Park Misc. Improvements (Joint Budget: $50,000)20,785.00$ -$ $ - -$ -$ Sanitary Sewers TOTAL:1,194,166.00$ 2,565,204.10$ 1,628,223.40$ 300,000.00$ 840,000.00$ 840,000.00$ Storm Drainage Six Mile Creek-CWIO Project (Grant)30,000.00$ King Road West Box Culvert-slipline 200,000.00$ Lower Stone Quarry Road Sandra Place Culvert Replacement Storm DrainageTOTAL:30,000.00$ 200,000.00$ -$ -$ -$ -$ Roads DB5112.500 Harris B Dates Dr.-Entrance/Exit 46,402.46$ DB5112.500 Ridgecrest (Mill-2.5" Top) (Depends on WM Project)115,000.00$ DB5112.500 Maple Avenue (Design and Bid)600,000.00$ Forest Home Drive Reconstruction-Phase 1-Design Forest Home Drive-Phase 2-Construction -Funded utilizing CHIPS/Fund Balance/DB5112.500 Conifer-Rt 79 to Cypress Ct. Intersection 13,444.19$ DB5112.500 Elm St Rebuild Repave (3" Binder-2" top)553,000.00$ DB5112.500 King Road West-Phase 2 Buttermilk to 96B 211,200.00$ Seven Mile Drive DB5112.500 Conifer-Cypress Ct. Intersection to end 49,207.16$ DB5112.500 King Rd. West-Phase 1 Buttermilk to Sandbank (3" Binder-2" top)447,000.00$ DB5112.500 Property Tax DB5112.500 Judd Falls-366 to Tower (Top/Sidewalk/ADA Ramps):Paving-$27,345.92 DB5112.500 Holly Creek Lane (3" Binder-2" top)61,000.00$ DB5112.500 Judd Falls-Campus to Tower (Top/Sidewalk/ADA Ramps):Paving-$64,357.14 DB5112.500 Larisa Lane & Schickel Road (3" Binder-2" top)166,000.00$ DB5112.500 Burleigh Dr 133,986.48$ DB5112.500 Glenside Road (3" Binder-2" top)52,000.00$ DB5112.500 Lexington Dr.71,193.09$ DB5112.500 Coy Glen Road (3" Binder-2" top)242,000.00$ DB5112.500 Concord Pl.45,795.38$ Judd Falls Road Walkway and radius improvments/Drainage & Overlay DB5112.500 Birchwood Dr.-Salem to 105 Birchwood 9,079.19$ DB5112.500 Birchwood Dr.-105 Birchwood to end of Rd 69,083.94$ DB5112.500 Pinewood Dr.32,266.06$ DB5112.500 Briarwood Dr.70,659.54$ DB5112.500 Maplewood Dr.57,266.95$ DB5112.500 West Hill Drive-Reconstruction 64,171.75$ DB5112.500 Eldridge Circle 48,420.50$ DB5112.500 Christopher Lane 165,449.97$ DB5112.500 Christopher Circle 107,534.60$ Roads TOTAL:1,283,961.26$ 1,636,000.00$ 811,200.00$ -$ -$ -$ Town Facilities PWF-New Fueling Station (Award+CA+Contingency:$715,327.50)825,000.00$ A5132.5XX PWF MEP/Site Improvements 350,000.00$ A5132.5XX PWF MEP Improvements 350,000.00$ PWF MEP Improvements PWF MEP Improvements PWF MEP Improvements PWF MEP Study 17,540.00$ PWF Trench Drain Repair TH Electric Car Charing Station(s) PWF Security Fence Installation (Grant)150,000.00$ PWF Electric Car Charging Station(s) Town Facilities TOTAL:842,540.00$ 500,000.00$ 350,000.00$ -$ -$ -$ Green Energy Upgrades Town Hall Weatherization Study (CO amount: $5000)63,301.00$ A1620.XXX Town Hall Weatherization Upgrades-Design Services (Grant)225,000.00$ A1620.XXX Town Hall Weatherization Upgrades-Construction (Grant)1,275,000.00$ Misc. Green Upgardes-Town Hall HVAC Construction Misc. Green Upgrades-Town Hall 125,000.00$ Misc. Green Upgrades-Town Hall 125,000.00$ A5132.XXX Misc Green Upgrades-Public Works Facility LED Lighting Upgrades A5132.XXX Town Hall LED Upgrades Misc Green Upgrades-Public Works Facility HVAC Construction Misc Green Upgrades-Public Works Facility 125,000.00$ Misc Green Upgrades-Public Works Facility 125,000.00$ Misc Green Upgrades-Public Works Facility HVAC-Design Services Green Energy Upgrades TOTAL:63,301.00$ 225,000.00$ 1,275,000.00$ -$ 250,000.00$ 250,000.00$ Bridge(s)A7110.521 Townline Road Bridge-Phase 1 Design (Grant: $2,464,840)410,000.00$ Townline Road Bridge-Phase 2 Construction (Grant)2,054,840.00$ Bridges TOTAL:-$ 410,000.00$ 2,054,840.00$ -$ -$ -$ Infrastrucutre/Buildings/Maintenance Total Cost:4,925,668.26$ 5,586,204.10$ 7,999,263.40$ 1,832,500.00$ 2,390,000.00$ 2,890,000.00$ Grant(s) Total:30,000.00$ 785,000.00$ 3,329,840.00$ DB5110.400 Judd Falls Road Study-Phase 1 (Tower to Forest Home) RFP 50,000.00$ DB5110.400 Judd Falls Road CD's-Phase 2 (Tower to Forest Home)Assest Management Road Study RFP 200,000.00$ ` Sidewalks/Parks/Trails/Open space Sidewalks RT 34/East Shore Drive Sidewalk Connector-Design/Study (Grant: $50,500)50,500.00$ RT 34/East Shore Drive Sidewalk Connector/Drainage-Construction (TAP Grant: TBD)2,000,000.00$ Forest Home S-Curve Sidewalk TBD Trumansburg Rd / Rt 96 Sidewalk (City line to Cayuga Prof. Bldg)3,500,000.00$ Winthrop Drive Walkway TBD Sidewalks TOTAL:50,500.00$ 2,000,000.00$ -$ 3,500,000.00$ -$ -$ Parks - Trails - Open Space A7110.521 Game Farm Trail-Trail repair @ Pine Tree Rd. Bridge 60,000.00$ Iacovelli Playground Replacement 100,000.00$ Saponi Meadows Park TBD Trail Overlay 50,000.00$ Coddington Road - SHRW Parking & Access TBD Tutelo Park to Saponi Park Trail TBD King Road West/Buttermilk Crosswalk 60,000.00$ South Hill Rec Way Ext (Burns to Banks Rd) - Feasibility Study (Grant: $43,000) RFP 43,000.00$ South Hill Rec Way Ext (Burns to Banks Rd) - Feasibility Study (Grant: $43,000)80,000.00$ South Hill Rec Way Ext (Burns to Banks Rd) - Design/Construction TBD Culver Road Preserve - Babcock Ridge (design) *** (Grant: $281,700)281,700.00$ Culver Road Preserve - Babcock Ridge (construction) *** (Grant: $281,700)281,700.00$ Acquisition - +/- 135 acres on South Hill for future preserve Acquisition - +/- 18 acres on Elmira Rd for Black Diamond Trail Parks TOTAL:324,700.00$ 531,700.00$ 100,000.00$ -$ -$ -$ Future Parks - Trails West Hill Park TBD Compton Park TBD Poyer Trail to Woolf Park TBD Woolf Lane Park TBD Future Parks - Trails TOTAL:-$ -$ -$ -$ -$ -$ Sidewalks/Parks/Trails/Open Space Total Cost:375,200.00$ 2,531,700.00$ 100,000.00$ 3,500,000.00$ -$ -$ Grant(s) Total:375,200.00$ 2,361,700.00$ -$ -$ -$ -$ Notes: * Project funding from fiscal year 2023 budget-funds carried over from 2023. ** Project funding from fiscal year 2023 budget-partial ARPA funding will be utilized. $386,071 carryover from fiscal year 2022 ***Grant Proposal-Total Value: $281,700; Local Share: $70,425 Potential Grant Opportunities Not Identified: -NE Bypass -Mitchell St. -Southworks Joint Interceptor RFP (Contractual Services) 300,000.00$ TOWN OF ITHACA CAPITAL IMPROVEMENT PROJECTS 2024