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SCHELINEMAN ROAD IMPROVEMENT FUND <br />DEPARTMENT: Scheuneman Road Improvement <br />SUPERVISOR: City Engineer <br />FUND#: 403 <br />ACTIVITY #: 4800 <br />ACTIVITY DESCRIPTIQN: <br />The Scheuneman Road Improvement fund recorded bond proceeds and sewer improvement and <br />road resurfacing casts on Scheuneman Road. <br />GOALS: <br />None. <br />MEASURABLE WORKLOAD DATA• <br />2016 2017 20 8 2019 <br />ACTUAL ACTUAL ACTUAL ESTIMATED <br />No service .levels have been established for this fund. <br />BUQGET COMMENTARY: <br />This fund in 1he postpaid for the. installation of a sanitary sewer line down Scheuneman Road and to <br />reconstruct the.street. The City issued bonds to finance the projectand collected special <br />assessments from the benefitfing properties. The last special assessment payment was made in <br />2015. <br />The City extended the sanitary sewer line and. water mains all the way down Scheuneman Road <br />through the business district and. reconstructing. the street with storm water improvements. The <br />revenue source will be from special assessments on benefiifing properties; however; there could be <br />a City contribution to the project in the form of a property tax.levy and/or use of City reserves. The <br />City issued $660,000.00 in improvement bonds to fund this project. <br />so <br />