FISCAL IMPACT STATEMENT
PROGRAM: ROEDING PARK COURT REPURPOSING
TOTAL OR ANNUALIZED
RECOMMENDATION CURRENT COST
Direct Cost $1,228,145.00
Indirect Cost $353,855.00
TOTAL COST $1,582,000.00
Additional
Revenue or Savings
Generated
Net City Cost $1,582,000.00
Amount Budgeted
(If none budgeted,
identify source) $1,468,700.00
SUMARY OF INDIRECT COSTS
Project Management $ 168,200.00
Construction Management $ 67,300.00
Miscellaneous Costs (Permits, Lab Testing, Purchasing etc.) $ 32,855.00 Construction Contingency $ 85,500.00
TOTAL INDIRECT COST $ 3 53,855.00
The total budget allocated for the Roeding Park Court Repurposing Project is $1,582,245.
Of this amount, $113,545 was expended and encumbered by the end of Fiscal Year 2024.
The remaining $1,468,700 was carried over to Fiscal Year 2025. The construction contract is fully funded.