HomeMy WebLinkAbout10.c LB 2026-2027-03 Capital Resolution CLAY COUNTY UTILITY AUTHORITY
RESOLUTION NO. 2026/2027-03
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. 2026/2027-02 of the Clay County Utility Authority (the
"Authority"),adopted the Authority's annual budget for Fiscal Year 2026/2027,beginning October
1,2026, and continuing through September 30, 2027,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 2026/2027 annual budget proposal, in reference to the Board
of Supervisors' approval and adoption of 2026/2027 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 1,2026, and continuing through September
30, 2031.
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, 2026, and continuing through
September 30, 2031, in the form as attached hereto as Exhibit "A", attached hereto and herein
incorporated by reference, which plan also includes the Fiscal Year 2026/2027 budget for the
Authority's capital projects expenditures, as previously adopted in Resolution No. 2026/2027-02.
Section 2. This Resolution shall become effective as of October 1, 2026, being the
commencement of the applicable five (5)-year period for the Authority's capital projects.
1 CCUA Resolution No. 2026/2027-03
DULY ADOPTED by the Board of Supervisors, Clay County Utility Authority, on this 6th
day of October, 2026, effective as of October 1, 2026.
BOARD OF SUPERVISORS
CLAY COUNTY UTILITY AUTHORITY
By:
, Chairman
ATTEST:
By:
Janice Loudermilk, Secretary
Clay County Utility Authority
(Seal)
2 CCUA Resolution No. 2026/2027-03
Exhibit"A"
Clay County Utility Authority
2026/2027 Capital Projects Expenditures Budget
And Five Year Capital Projects Plan
Adjusted for Prior Year Jobs Not Completed as of 3/31/2026 ADJUSTED
FISCAL YEAR Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year
2025/2026 2026/2027 2027/2028 2028/2029 2029/2030 2030/2031 TOTALS
REVENUES:
Balance October 1,2025,to include Transfers $ 239,299,329 $ 239,299,329
Funds Spent on Jobs Prior to FY 2024/2025 (174,065,454) (174,065,454)
Renewal,Replacement&Betterment 3,487,641 3,645,529 3,827,805 4,019,196 4,220,156 4,431,163 23,631,490
Departmental Capital Transfer 1,597,892 2,133,500 1,800,000 1,800,000 1,800,000 1,800,000 10,931,392
Environmental Reuse Capital Fund Transfer 1,628,600 1,731,872 1,818,466 1,909,389 2,004,858 2,105,101 11,198,286
Capacity Fees Transfer 7,803,309 9,626,145 11,874,792 14,249,750 17,099,700 20,519,640 81,173,335
Grant Revenue 5,850,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 13,350,000
Alternative Water Supply Transfer 855,021 900,065 945,068 992,322 1,041,938 1,094,035 5,828,448
Surplus Transfer(Operating Contingency Utility&Capital Reserve,includes add'l R&R) 5,567,687 7,437,390 7,660,512 8,043,537 8,445,714 8,868,000 46,022,840
Restricted Interest Earnings 361,955 282,175 141,088 5,000 5,000 5,000 800,218
Borrowing/Utilization of Surplus Funds if needed 838,000 8,080,258 12,957,137 4,294,034 (12,645,956) (21,715,729) (8,192,256)
Balances After Transfers $ 93,223,980 $ 35,336,934 $ 42,524,867 $ 36,813,227 $ 23,471,410 $ 18,607,210 $ 249,977,627
CAPITAL EXPENDITURES:
Capital Projects
Construction 45,309,082 17,019,306 14,130,000 6,549,000 3,250,000 250,000 86,507,388
Design 8,153,562 1,656,000 11,635,000 12,059,600 1,700,000 1,000,000 36,204,162
Concept 7,721,679 0 150,000 2,043,000 3,665,000 2,885,000 16,464,679
Requests 50,000 0 0 68,000 350,000 408,000 876,000
Operation R&R 15,293,990 10,761,470 11,243,970 11,246,970 10,872,645 10,872,645 70,291,690
Deparment Capital 4,944,773 2,133,500 1,500,000 1,500,000 1,500,000 1,500,000 13,078,273
Development Services 3,275,986 554,210 0 0 0 0 3,830,195
Subtotals 84,749,072 32,124,486 38,658,970 33,466,570 21,337,645 16,915,645 227,252,388
Management Reserve($) 8,474,907 3,212,449 3,865,897 3,346,657 2,133,765 1,691,565 22,725,239
TOTAL CAPITAL EXPENDITURES $ 93,223,980 $ 35,336,934 $ 42,524,867 $ 36,813,227 $ 23,471,410 $ 18,607,210 $ 249,977,627
Capital Expenditures Breakdown:
Construction 49,839,991 18,721,237 15,543,000 7,203,900 3,575,000 275,000 95,158,127
Design/Concept 17,462,766 1,821,600 12,963,500 15,512,860 5,901,500 4,273,500 57,935,726
All Others 25,921,224 14,794,098 14,018,367 14,096,467 13,994,910 14,058,710 96,883,774
$ 93,223,980 $ 35,336,934 $ 42,524,867 $ 36,813,227 $ 23,471,410 $ 18,607,210 $ 249,977,627
Exhibit"A"-Page 1 of 1