Evaluation Form Rev. 07-2022
FISCAL IMPACT STATEMENT
PROGRAM:
TOTAL OR ANNUALIZED
RECOMMENDATION CURRENT COST
Direct Cost $817,314.75
Indirect Cost $303,154.00
TOTAL COST $1,120,468.75
Additional
Revenue or Savings
Generated
Net City Cost $1,120,468.75
Amount Budgeted
(If none budgeted,
identify source) $1,051,330.00
SUMMARY OF INDIRECT COST:
Maxie L. Community Park
Preliminary Engineering $49,208.00
Construction Engineering $43,000.00
Contingency $26,157.00
Sub Total $118,365.00
Neilson Park
Preliminary Engineering $75,561.00
Construction Engineering $53,700.00
Contingency $55,528.00
Sub Total $184,789.00
Indirect Cost Total $303,154.00
The total budget allocated for Maxie L. Community Park is $408,649 and for Neilson Park is $737,088, for a combined total budget amount of $1,145,737. Of this amount, $94,407 was expended and encumbered at the end Fiscal Year 2024. The remaining $1,051,330 was carried over to Fiscal Year 2025. This construction contract is fully funded.