governmental services - GORacine.org

Racine CountyFive-Year Capital PlanThis Five-year Capital Plan for Racine County details the County’s capital requirements for the next five years, 2013 - 2017. The CountyExecutive has reviewed five-year objectives with department heads and decided which projects to include in the Plan. The Five-year Capital Planis now presented to the Racine County Board.The funding for these projects will come from grant revenues, transfers from reserves or borrowing.This document is intended to inform the County Board and taxpayers of future requirements for capital expenditures and identifies capital costsand revenues associated with the projects included. While precise costs are stated whenever possible, in some cases only estimates areprovided because for those items it is neither feasible nor practical to determine exact costs. In addition, it is important to keep in mind that, aswith all long-range plans, situations can and will change, requiring that the plan be modified as time passes.The summary page shows that the total five-year (2013 - 2017) expenditures for the plan and possible funding sources. The total of the 2013Five Year Capital Plan is $54,852,417. A history of the past two years of county capital expenditures is also included on the summary page.Park DevelopmentStarting in 2010 the Racine Harbor will need a major repair to the South Breakwater outer leg and this project will continue into 2013.Road and Bridge ProjectsThe County is responsible for 335 lane-miles of County trunk highways, 16 County bridges and numerous smaller drainage structures. TheHighway division, in order to capture transportation aids, has always maintained and yearly updated a Five-year capital plan. The division has anumber of projects ready to begin construction as funding becomes available. This strategy strives to maximize state and federal aids by havingan inventory of project plans ready when funds are being allocated by the DOT. This source of revenue for future periods must be estimated and issubject to state and federal controls. These DOT funds are project-specific and may or may not be the projects of the highest priority asdetermined by our Highway staff. County funds not used as match funding for state and federal projects are available to fund projects not eligiblefor state or federal funding. In the past, much of the funding has come from the use of Highway reserves. The amount of surpluses available eachyear varies.Page 1