Authorize Appropriation of
$10.2 Million for Council Priority
Projects
Budget/Finance/Economic Development
Committee Recommendation
City Council Meeting
May 3, 2022
Agenda Item 9.3
Background
•At the November 16, 2021 Council meeting, the
Council discussed Fiscal Year 2020‐21 Fourth
Quarter Budget results and General Fund Reserves
•Council action was taken to reduce the funds
allocated to the Reserve accounts by $10.2 million
which would be appropriated following discussion
by the Budget/Finance/Economic Council
Committee
•The Committee met in December 2021 and
February 2022
Budget/Finance/Economic Dev.
Committee Recommendation
Description Amount
Sidewalk Replacement (Option C) $2,500,000
Fong Park Phase 2 $1,566,000
Pixie Woods Train Ride $830,000
Pixie Woods Carousel Ride $760,000
Pixie Woods Lagoon Dredging $945,000
Pixie Woods New Amusement Ride $500,000
Oak Park Pool (Option A) $2,728,500
Subtotal $9,829,500
Contingency $370,500
Total $10,200,000