| TOWN OF CARY, NORTH CAROLINA |
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| STREET PROJECT SUB-FUND |
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| SCHEDULE OF
REVENUES, EXPENDITURES, |
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| AND CHANGES IN
FUND BALANCE-BUDGET AND ACTUAL |
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| From Inception To June 30, 2006 |
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| Schedule 3 |
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Actual |
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Project |
Prior |
Current |
Total |
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Authorization |
Years |
Year |
To Date |
| REVENUES |
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| NC DOT Reimbursement |
$2,093,549 |
--- |
128,822 |
128,822
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| State and Federal Grants |
6,472,178 |
3,265,218 |
--- |
3,265,218
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| Investment Earnings |
301,055 |
688,632 |
58,949 |
747,581
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| Miscellaneous |
59,585 |
44,906 |
5,000 |
49,906 |
| Developer Reimbursements
(Paid by Developers) |
1,497,758 |
891,340 |
200,091 |
1,091,431
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| Subtotal |
10,424,125 |
4,890,096 |
392,862 |
5,282,958 |
| Less:
Completed Projects |
(390,159) |
(95,410) |
(32,167) |
(127,577) |
| TOTAL REVENUES |
10,033,966 |
4,794,686 |
360,695 |
5,155,381 |
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| EXPENDITURES |
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| Asset-Related Projects |
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| Bicycle Facilities
Improvements FY2005 & FY2006 |
60,000 |
45 |
45,708 |
45,753 |
| Cary HS Pedestrian
Improvements * |
70,000 |
--- |
--- |
---
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| Cary Transit |
238,711 |
--- |
189,821 |
189,821 |
| Davis Dr. North
(Morrisville/Carpenter) |
5,790,000 |
1,053,959 |
20,528 |
1,074,487 |
| Fiber Optic Traffic
Signal System |
12,070,453 |
7,737,352 |
1,662,914 |
9,400,266 |
| Glade Park Dr. Extension |
122,662 |
--- |
--- |
---
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| Louis Stephens Dr.
Extension |
2,900,000 |
928,791 |
1,606,211 |
2,535,002 |
| Morrisville Pkwy.
Extension - Phase 1 |
3,270,000 |
1,222,948 |
39,784 |
1,262,732 |
| Morrisville Pkwy.
Extension - Phase 2 |
2,647,150 |
--- |
--- |
---
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| Morrisville Pkwy. Extension -
Phase 3 |
3,100,000 |
96,173 |
169,694 |
265,867 |
| North Harrison
Sidewalks * |
445,000 |
52,108 |
--- |
52,108 |
| Old Apex/Cary Pkwy.
Intersection |
300,000 |
60,980 |
245,202 |
306,182 |
| Playford Lane * |
320,000 |
103,704 |
45,828 |
149,532
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| Regency Pkwy. Turn Lane |
600,000 |
8,341 |
101,614 |
109,955
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| Sidewalk Improvements
FY2001 |
820,180 |
85,862 |
--- |
85,862 |
| Sidewalk Improvements
FY2002 |
541,085 |
45 |
54,933 |
54,978 |
| Sidewalk Improvements
FY2003 |
750,000 |
8,204 |
590,828 |
599,032
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| Sidewalk Improvements
FY2004 |
500,000 |
--- |
1,318 |
1,318 |
| Sidewalk Improvements
FY2005 |
200,000 |
--- |
34 |
34 |
| Sidewalk
Improvements FY2006 |
500,000 |
--- |
--- |
--- |
| Stonewater - Gas Line
Relocation * |
127,577 |
--- |
127,577 |
127,577
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| TCAP-Town Center
Streetscape |
250,000 |
2,744 |
--- |
2,744 |
| Traffic Signals FY2000 |
552,093 |
272,504 |
3,063 |
275,567
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| Traffic Signals FY2001 |
696,277 |
246,671 |
53,593 |
300,264
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| Traffic Signals FY2003 |
250,000 |
--- |
--- |
--- |
| Traffic Signals FY2005 |
200,000 |
1,384 |
81 |
1,465 |
| Traffic Signals FY2006 |
250,000 |
--- |
--- |
--- |
| Total Expenditures |
37,571,188 |
11,881,815 |
4,958,731 |
16,840,546 |
| Less: Completed Projects (noted by *) |
(962,577) |
(155,812) |
(173,405) |
(329,217) |
| Construction-in-Progress |
36,608,611 |
11,726,003 |
4,785,326 |
16,511,329
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| Expense Projects |
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| Bridge/Culvert Repair
FY2003 |
$60,106 |
--- |
--- |
--- |
| Carpenter Fire Station
Rd. Widening |
822,000 |
--- |
--- |
--- |
| Castalia Dr. - Traffic
Calming |
301,223 |
--- |
276,335 |
276,335 |
| Chapel Hill Rd. Widening
- Phase 1 |
5,488,500 |
344,925 |
1,671,723 |
2,016,648
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| Comprehensive Pedestrian
Plan |
40,000 |
--- |
--- |
--- |
| CSX Alternative Mode |
100,000 |
--- |
--- |
--- |
| CSX Rail Platform * |
291,758 |
66 |
291,692 |
291,758
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| Davis Dr. Widening |
17,608,250 |
11,684,721 |
5,929,249 |
17,613,970
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| Evans Rd. Widening |
3,355,000 |
338,269 |
1,052,553 |
1,390,822
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| Green Level to Durham
Rd. |
1,000,000 |
--- |
--- |
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| High
House Rd. Widening |
9,295,000 |
1,103,732 |
3,367,577 |
4,471,309
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| Holly Springs Rd.
Widening |
344,000 |
340,084 |
--- |
340,084
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| Jenks Carpenter/High
House Intersection |
550,000 |
90,480 |
167,112 |
257,592
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| Kildaire Farm Widening |
7,776,201 |
738,743 |
45,333 |
784,076
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| Kildaire Farm -
Woodhaven Church |
220,000 |
119,458 |
79,546 |
199,004
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| Loch Highlands Dr. Path |
15,000 |
--- |
--- |
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| Maynard Widening -
Kildaire Farm/Seabrook * |
4,120,000 |
3,809,696 |
26 |
3,809,722
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| Maynard Widening -
Kildaire Farm/W. Chatham |
6,000,000 |
568,780 |
435,321 |
1,004,101
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| McCrimmon Pkwy. Road
Improvement |
7,069,338 |
2,099,408 |
1,640,794 |
3,740,202
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| Median Closure - Parkway
Point |
10,000 |
--- |
10,000 |
10,000 |
| NE Maynard @ Chapel Hill
Rd. - Dual Turn |
250,000 |
--- |
250,000 |
250,000
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| NW & SW Cary Pkwy.
Right Turn Lanes |
480,100 |
--- |
--- |
--- |
| O'Kelly Chapel Rd.
Widening |
1,000,000 |
--- |
--- |
--- |
| Pavement Marking -
Bicycle Lanes |
75,000 |
4,488 |
105 |
4,593 |
| Pavement Rehabilitation
FY2003 |
2,600,000 |
2,055,699 |
--- |
2,055,699
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| Street Improvements
FY2002 |
975,000 |
256,786 |
--- |
256,786
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| Street Improvements
FY2005 |
500,000 |
1,525 |
468,815 |
470,340
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| Street Improvements
FY2006 |
500,000 |
--- |
231,427 |
231,427
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| Street Lights FY2003 |
68,500 |
36,839 |
--- |
36,839 |
| Thoroughfare Street
Lights |
100,000 |
16,330 |
--- |
16,330 |
| Traffic Calming |
370,000 |
236,394 |
--- |
236,394
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| Traffic Calming
FY2006 * |
102,000 |
--- |
32,420 |
32,420 |
| Transportation Plan
Update |
250,000 |
--- |
27,500 |
27,500 |
| Trinity Rd. Widening
& Extension |
2,400,000 |
236,044 |
58,425 |
294,469 |
| Tryon Rd. Widening &
Piney Plains Phase 1 |
14,868,000 |
6,777,899 |
5,895,153 |
12,673,052
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| Tryon Rd. Widening -
Phase 2 |
76,573 |
76,573 |
--- |
76,573 |
| US 1/64 & Cary Pkwy.
Interchange |
5,000,000 |
2,285,707 |
--- |
2,285,707
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| Expense Projects (cont.d) |
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| US 1/64 & Walnut
Interchange |
$6,000,000 |
5,416,412 |
59,981 |
5,476,393 |
| Walnut St. Corridor
Improvements - Phase 1 |
3,000,000 |
--- |
--- |
--- |
| Total Expenditures |
103,081,549 |
38,639,058
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21,991,087
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60,630,145
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| Less: Completed Projects (noted by *) |
(4,733,758) |
(3,929,220) |
(403,684) |
(4,332,904) |
| Other Projects-in-Progress |
98,347,791 |
34,709,838
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21,587,403
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56,297,241
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| TOTAL EXPENDITURES |
140,652,737 |
50,520,873
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26,949,818
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77,470,691
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| Total Completed Projects |
(5,696,335) |
(4,085,032) |
(577,089) |
(4,662,121) |
| TOTAL PROJECTS IN
PROGRESS |
134,956,402 |
46,435,841
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26,372,729
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72,808,570
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| Revenues Under
Expenditures |
(124,922,436) |
(41,641,155) |
(26,012,034) |
(67,653,189) |
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| OTHER FINANCING SOURCES |
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| Bond Proceeds |
85,058,933 |
36,600,000 |
--- |
36,600,000 |
| Sale of Assets |
--- |
--- |
4,000 |
4,000 |
| Transfers In, net |
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| General Fund |
2,958,662 |
2,936,662 |
22,000 |
2,958,662 |
| Capital Reserve Sub-Fund |
42,211,017 |
37,299,384 |
4,911,633 |
42,211,017 |
| Appropriation from
Fund Balance |
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| Sub-total |
130,228,612 |
76,836,046 |
4,937,633 |
81,773,679 |
| Less: Completed Projects |
(5,306,176) |
(5,683,000) |
376,824 |
(5,306,176) |
| TOTAL OTHER FINANCING
SOURCES |
124,922,436 |
71,153,046 |
5,314,457 |
76,467,503 |
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| Increase (Decrease) |
--- |
29,511,891
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(20,697,577) |
8,814,314
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| Adjustment for closed
projects |
--- |
1,693,378 |
(1,693,378) |
--- |
| FUND BALANCE |
$ --- |
31,205,269
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(22,390,955) |
8,814,314
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