Town of Blacksburg

PROJECT DETAILS/COST ESTIMATES

Finance

Department

Project Title

I-Series Peripheral Equipment Replacement

Status

Existing

Project Description

This project establishes funding for the replacement of peripheral equipment, such as laser Magnetic Ink Character Recognition (MICR) printers, pressure sealer, cash receipts printers, automated remittance system, and console display. Due to excellent maintenance, the estimated useful life of this equipment has been extended. The average life of this type of equipment is four to five years.

Goal Addressed

Communications

Estimated Start Date

Estimated End Date

Continuing

Continuing

Total Five-Year CIP

Funded through 6/30/2026

Funding Sources General Fund

Total Project Funding

FY2027 FY2028 FY2029 FY2030 FY2031 21,000 21,000 21,000 21,000 21,000 $105,000

Continuing

Continuing

General Obligation Bonds Water & Sewer Fund

$0 $0 $0 $0 $0 $0 $0 $0

$0 $0 $0 $0 $0 $0 $0

Stormwater Fund Solid Waste Fund

VDOT Revenue Sharing

VDOT Smart Scale

Other/Grants Total Sources

$0 $21,000 $21,000 $21,000 $21,000 $21,000 $105,000

Total Five-Year CIP

Appropriated through 6/30/2026 FY2027 FY2028 FY2029 FY2030 FY2031

Expenditure Type Design/Engineering Land Acquisition Vehicles/Equipment Construction

Total Project Cost

$0 $0 $0

$0 $0 $0

Continuing

Continuing

21,000 21,000 21,000 21,000 21,000 $105,000 $0 $21,000 $21,000 $21,000 $21,000 $21,000 $105,000

Total Uses

$0

Operating Impact

Included in operating budget. No additional operating costs are anticipated.

Town of Blacksburg

35

FY 2027-2031 Adopted