CIP FY 24-28 9-7-23 FINAL Version - Flipbook - Page 25
Capital Improvements Plan
Water & Wastewater Funding Analysis:
Over the upcoming five-year period, the total estimated cost of projects is $34,215,281; and the total
available project funding balance is $5,104,800. Despite the current fund balance, the City recognizes the need for sufficient resources to accommodate future projects effectively. The consolidated
Water and Wastewater funds include the subsequent funds: 40, 42, 65, and 66.
During the fiscal year 23/24, the City will embark on an extensive examination of Water, Wastewater,
Stormwater, and Water and Sewer impact fee rates. To ensure transparency and objectivity, an independent consulting company will be entrusted with conducting the rate study.
By taking these responsible actions, the City seeks to secure the necessary funding for upcoming
projects while ensuring that any adjustments to water and wastewater rates are fair and well-informed.
The results of the study will play a pivotal role in facilitating sustainable growth and development,
enabling the City to effectively meet the needs of its residents and businesses in the years to come.
One of the most significant infrastructure undertakings in the City is the Bates Main WWTP Expansion,
a critical project with a total estimated cost of $12,187,942. This ambitious initiative has been made
possible through the utilization of ARPA (American Rescue Plan Act) funds, providing the City with
a timely opportunity to enhance its wastewater treatment capabilities.
The project’s completion deadline is set for December of 2024, ensuring that it will be a top priority
for the City in the upcoming months. However, the project has faced unforeseen challenges, primarily
driven by the recent surge in inflation rates, reaching as high as 6.5%. As a result, the costs associated with the expansion have experienced a significant increase of over $2,500,000. Despite this
financial hurdle, the City remains steadfast in its commitment to see the project through, recognizing
the importance of providing state-of-the-art wastewater treatment facilities to serve the growing
needs of the community.
Notably, the majority of capital projects within the City fall under the jurisdiction of the Water and
Wastewater department. This department plays a pivotal role in ensuring the delivery of high-quality
water services and responsible wastewater management to residents and businesses alike. The City’s
investment in these critical areas reflects its dedication to meeting the demands of a burgeoning
population while maintaining a focus on environmental sustainability and resource protection.
The Bates Main WWTP Expansion stands as a testament to the City’s determination to enhance
infrastructure and address vital needs. By strategically utilizing ARPA funds, the City has taken a
proactive approach to invest in the future of its water and wastewater systems. Despite challenges,
the City remains resolute in delivering exceptional services to its citizens, ensuring a prosperous
and sustainable future for all.
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