HomeMy WebLinkAboutFY 25/26 Capital Resolution
1 CCUA Resolution No. 2025/2026-03
CLAY COUNTY UTILITY AUTHORITY
RESOLUTION NO. 2025/2026-03
A RESOLUTION OF THE BOARD OF
SUPERVISORS OF THE CLAY COUNTY
UTILITY AUTHORITY ADOPTING FIVE (5)-
YEAR PLAN FOR CAPITAL PROJECTS;
PROVIDING AN EFFECTIVE DATE.
WHEREAS, Resolution No. 2025/2026-02 of the Clay County Utility Authority (the
“Authority”), adopted the Authority’s annual budget for Fiscal Year 2025/2026, beginning October
1, 2025, and continuing through September 30, 2026, which incorporates anticipated revenues and
expenditures for all systems operated by the Authority for such period, and which further includes
the current year’s budget for capital projects expenditures to be made pursuant to the Authority’s
Five (5)-Year Capital Plan; and
WHEREAS, the Five (5)-Year Capital Plan was submitted by Authority staff to the Board of
Supervisors for the Authority with the 2025/2026 annual budget proposal, in reference to the Board
of Supervisors’ approval and adoption of 2025/2026 annual budget and current year’s budget for
capital projects expenditures to be made pursuant to the Authority’s Five (5)-Year Capital Plan; and
WHEREAS, consistent with the master planning requirements of Section 24 of Chapter 94-
491, Laws of Florida, Special Acts of 1994, by which the Authority was created as a multicounty
independent special district of the State of Florida, it is necessary and appropriate that the Board of
Supervisors for the Authority formally adopt and ratify its current Five (5)-Year Capital Plan for
capital projects budgeted and scheduled for commencement, continuation work, and/or completion
with the five (5)-year period beginning effective October 1, 2025, and continuing through September
30, 2030.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF
THE CLAY COUNTY UTILITY AUTHORITY, an independent special district created and
existing under Chapter 94-491, Laws of Florida, as follows:
Section 1. The Board does hereby formally adopt and approve the Authority's Five (5)-
year capital plan for the five (5)-year period beginning October 1, 2025, and continuing through
September 30, 2030, in the form as attached hereto as Exhibit "A", attached hereto and herein
incorporated by reference, which plan also includes the Fiscal Year 2025/2026 budget for the
Authority’s capital projects expenditures, as previously adopted in Resolution No. 2025/2026-02.
Section 2. This Resolution shall become effective as of October 1, 2025, being the
commencement of the applicable five (5)-year period for the Authority’s capital projects.
Clay County Utility Authority
2025/2026 Capital Projects Expenditures Budget
And Five Year Capital Projects Plan
Adjusted for Prior Year Jobs Not Completed as of 3/31/2025 ADJUSTED
FISCAL YEAR Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year
title desc 2024/2025 2025/2026 2026/2027 2027/2028 2028/2029 2029/2030 TOTALS
Balance October 1, 2024, to include Transfers 240,231,762 240,231,762
Funds Spent on Jobs Prior to FY 2023/2024 (164,251,276) (164,251,276)
Renewal, Replacement & Betterment 3,105,946 3,487,641 3,618,428 3,754,119 3,894,898 4,040,957 21,901,988
Departmental Capital Transfer 1,620,100 1,597,892 1,500,000 1,500,000 1,500,000 1,500,000 9,217,992
Environmental Reuse Capital Fund Transfer 1,497,529 1,636,228 1,685,315 1,735,874 1,787,951 1,841,589 10,184,486
Capacity Fees Transfer 7,555,104 7,803,309 8,193,474 8,603,148 9,033,306 9,484,971 50,673,312
Grant Revenue 700,000 5,850,000 1,500,000 1,500,000 1,500,000 1,500,000 12,550,000
Alternative Water Supply Transfer 816,634 855,021 906,322 960,702 1,018,344 1,079,444 5,636,467
Debt Service Charge 286,500 281,580 281,580 281,580 281,580 281,580 1,694,400
Surplus Transfer (Operating Contingency Utility & Capital Reserve)4,859,406 5,571,125 5,738,259 5,910,407 6,087,719 6,270,350 34,437,265
Restricted Interest Earnings 392,222 361,955 180,978 5,000 5,000 5,000 950,155
Borrowing/Utilization of Surplus Funds if needed (22,362,950) (2,220,299) 16,239,410 13,973,610 7,559,539 (1,172,860) 12,016,450
Balances After Transfers 74,450,977 25,224,452 39,843,766 38,224,439 32,668,335 24,831,032 235,243,000
CAPITAL EXPENDITURES:
Construction 36,986,965 458,325 0 0 4,693,905 3,000,000 45,139,195
Design 16,374,447 3,264,400 12,003,635 15,047,245 6,851,916 1,742,000 55,283,643
Concept 5,421,679 6,408,000 9,929,000 5,784,600 4,206,000 3,599,000 35,348,279
Requests 29,000 315,000 344,000
Operation R&R 5,611,320 11,326,200 11,458,970 11,087,645 11,087,665 11,087,665 61,659,465
Operations 2,663,296 1,250,000 1,250,000 1,250,000 1,250,000 1,250,000 8,913,296
Service Availability 625,000 224,396 1,580,000 1,580,000 1,580,000 1,580,000 7,169,396
Subtotals 67,682,706 22,931,320 36,221,605 34,749,490 29,698,487 22,573,665 213,857,273
Management Reserve ($)6,768,271 2,293,132 3,622,161 3,474,949 2,969,849 2,257,367 21,385,727
TOTAL CAPITAL EXPENDITURES 74,450,977 25,224,452 39,843,766 38,224,439 32,668,335 24,831,032 235,243,000
Capital Expenditures Breakdown:
Construction 40,685,662 504,157 - - 5,163,296 3,300,000 49,653,114
Design/Concept 23,975,738 10,639,640 24,125,899 22,915,029 12,163,708 5,875,100 99,695,114
All Others 9,789,577 14,080,655 15,717,867 15,309,410 15,341,332 15,655,932 85,894,771
74,450,977 25,224,452 39,843,766 38,224,439 32,668,335 24,831,032 235,243,000
Capital Projects
REVENUES:
Exhibit "A"
Exhibit "A" - Page 1 of 1