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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 tax, used as follows: 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 Improvement Fund includes Capital projects in the City's Capital Improvement Program (CIP).

$7,599,860
FY25 approved
7.3%
share of citywide spend
5
departments · divisions
33
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.

  • CIP - Transfers301581
    $2.77M
    36.5% of fund

    By category

    • Operating$2.77M100%

    Line items (4)

    • 49151Transfer To General Fund - Svc$695K
    • 49152Transfer To Gen Debt Srvc$696K
    • 49157Transfer To W&S Const Fund$1.18M
    • 49161Transfer To Street Imprvmnt$200K
  • CIP - Parks & Recreation301572
    $1.71M
    22.5% of fund

    By category

    • Operating$1.71M100%

    Line items (6)

    • 46399-9001Frances Ave Park Improvements$920K
    • 46399-9005James Grey Preserve - Restrooms$335K
    • 46399-9007Skate Park Project$40K
    • 46399-9010James E Grey Preserve Improvements$140K
    • 46399-9011Sims Park - Projection Screens$200K
    • 46399-9012Peace Hall Renovations$75K
  • CIP - Road & Street Facilities301541
    $1.70M
    22.3% of fund

    By category

    • Operating$1.70M100%

    Line items (3)

    • 46360Grand Blvd Multi-Use-Phase I-$1.25M
    • 46360-2004Grand Blvd Multi-Use Path Phase II$270K
    • 46399-2005Grand Blvd Bridge Replacement$175K
  • CIP - Other General Government301519
    $770K
    10.1% of fund

    By category

    • Operating$770K100%

    Line items (4)

    • 46299-5007City Hall & Library Exterior Upgrad$120K
    • 46399-5008City Hall Facility Renovations$360K
    • 46399-5009City Hall Campus Bldg Resiliancy$40K
    • 46399-5010Bank Street Building Improvements$250K
  • CIP - Fire Control301522
    $650K
    8.6% of fund

    By category

    • Operating$650K100%

    Line items (2)

    • 46299Building Improvements$300K
    • 46299-7001Fire Station #1 Renovations$350K

The arc

Capital Improvement Fund across the decade

Down 16% from FY23-24. Newest first; tap any year to switch.

Source: City of New Port Richey adopted budget for FY25. 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.