Minutes 03/29/2004 - Laserfiche WebLink

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March 29, 2004 577 · Funding for a new police: Station. $18 million in FY 08 for a new police Station to centrally locate the Police Headquarters. · Funding for a new Court Complex -- $16 million in FY 05 for a new Court ComPlex. · Funding for continued Neighborhood Improvements. Continued funding of $800,000 a year for various neighborhood improvement projects. · Funding for ongoing Public Utilities Improvements. $5.3 million for the ongoing maintenance and renovation projects, fully funded through Public Utility Revenue Bonds. · Funding for ongoing Stormwater System Improvements -- $1.5 million for Stormwater system improvements, fully funded through the stormwater rate. These projects are just an example of many of the exciting projects that are planned for the five-year plan; These projects represent the commitment to the future of the infrastructure and public services, as do the '15 projects that will be completed in FY 04. FINAL THOUGHT As you can see, thero aro many positive and exciting activities that are occurring in the upcoming year and beyond. It is with an eye toward the future that I present to you the FY 2004-05 Operating Budget and Capital Improvement Program. The challenges faced in putting this budget together required tough choices and clear leadership, while continuing to lay the foundation for the successes of tomorrow. The budget I bring before you tonight is fair and balanced, both for the needs of the citizens and the City organization because.., the City of Portsmouth is '~rhe Right Place at the Right Time." On mot on, the meeting adjourned at 6:00 p.m. Minutes prepared by: Anita Y. Sherrod Deputy City Clerk APPROVED - Dr. James W. Holley III k,..._ Mayor Debra Y. White,..L~C/AAE City Clerk