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New Port Richey Online

Capital Improvement Fund

The Capital Improvement Fund is used to account for all the governmental capital projects throughout the City. The fund's primary revenue source is the "Penny for Pasco" local discretionary sales surtax. These funds may be used for the following: 1. Finance, plan, and construct infrastructure 2. Acquire land for public recreation, conservation, or protection of natural resources. 3. To finance the closure of county or municipal-owned solid waste landfills that have been closed or are required to be closed by order of the DEP. Capital projects budgeted for in the Capital Improvement Fund are included in the City's Capital Improvement Program (CIP).

$9,063,310
FY23-24 approved
9.8%
share of citywide spend
5
departments · divisions
27
approved line items

Where it goes

Departments and divisions in Capital Improvement Fund

5 spending units share this fund. Expand any one for line items and category breakdown.

  • Fire Control301522
    $3.88M
    42.8% of fund

    By category

    • Operating$3.88M100%

    Line items (2)

    • 46299Fire Station No. 2 Const$3.52M
    • 46299-7001Fire Station No. 1 Renovations$350K
  • Parks and Recreation301572
    $2.54M
    28.0% of fund

    By category

    • Operating$2.54M100%

    Line items (6)

    • 46320James Grey Preserve Phase I- West Entrance$20K
    • 46326Sims Park Improv$395K
    • 46361Meadows Dog Park Upgrades$1.32M
    • 46399James Grey Preserve Entryway Road$90K
    • 46399-9001Frances Ave. Park Improvements, Phase I$105K
    • 46399-9004Sims Park Boat Ramp Improv.$600K
  • Transfers301581
    $2.09M
    23.0% of fund

    By category

    • Operating$2.09M100%

    Line items (3)

    • 49151Transfer to General Fund$1.52M
    • 49152Transfer to General Debt Service Fund$364K
    • 49161Transfer to Street Improv. Fund$200K
  • Road and Street301541
    $515K
    5.7% of fund

    By category

    • Operating$515K100%

    Line items (2)

    • 46322Grand Blvd. Bridge Replacement$265K
    • 46360Grand Blvd. Multi-Use Path Phase II$250K
  • Other General Government301519
    $50K
    0.6% of fund

    By category

    • Operating$50K100%

    Line items (1)

    • 46299City Hall & Library Exterior Upgrades$50K

The arc

Capital Improvement Fund across the decade

Down 0% from FY22-23. Newest first; tap any year to switch.

Source: City of New Port Richey adopted budget for FY23-24. Approved line items only; figures may differ slightly from printed totals where sub-project nesting in the source PDF prevented full extraction. See methodology for details.