Title
El Paso County Capital Program Projections – “A” List (2015-2024)
Alternate Text
El Paso County’s capital program projections, including previous funding, projected cost, original budget estimate and projected increase or decrease
Text Version
The table shows El Paso County’s PPRTA A list projects, showing project status, previous funding to date, 2023 budget and projected future allocations, projected total project cost, original budget estimate, and the projected increase or decrease
| 2023 Budget & Projected Future Allocations | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Project Name | Project Status | Previous Funding to Date | 2022 | 2023 | 2024 | 20253 | Projected Total Project Cost1 | Original Budget Estimate2 | Projected Increase / (Decrease) |
| Beacon Lite Road: Highway 105 to County Line | Design | $11,361,000 | $6,639,000 | $4,400,000 | $22,400,000 | $4,361,000 | $18,039,000 | ||
| Black Forest Road Roadway Improvements: Woodmen Road to Research Parkway (Joint Project – City Led)4 | Design | $0 | $0 | $3,534,000 | ($3,534,000) | ||||
| Deer Creek, Base Camp, Emigrant: Monument Hill to Woodmoor | Design | $1,000,000 | $1,000,000 | $4,000,000 | $267,000 | $6,267,000 | $200,000 | $6,067,000 | |
| Eastonville Road: McLaughlin to Latigo6 | Design | $5,659,968 | $3,285,032 | $6,455,000 | $15,400,000 | $8,525,000 | $6,875,000 | ||
| Fontaine Boulevard at Security Boulevard and Widefield Boulevard | Construction | $1,500,000 | $1,500,000 | $1,250,000 | $250,000 | ||||
| Highway 105: Interstate 25 to Colorado Highway 835 | Design & Construction | $30,416,614 | $18,438,972 | $23,305,632 | $18,314,000 | $4,991,632 | |||
| Main Street at Security Boulevard | Construction | $750,000 | $750,000 | $750,000 | $0 | ||||
| Meridian / McLaughlin Roundabout | Complete | $5,226,000 | $5,226,000 | $2,376,000 | $2,850,000 | ||||
| Mesa Ridge Parkway Improvements: Powers Boulevard to Marksheffel Road | Design | $10,014,998 | $10,014,997 | $9,975,000 | $39,997 | ||||
| Monument Hill Road: County Line Road to Woodmoor Drive | Complete | $5,183,852 | $5,183,852 | $3,965,000 | $1,218,852 | ||||
| New Meridian at U.S. Highway 24 | Substanially Complete | $4,608,000 | $4,608,000 | $4,608,000 | $0 | ||||
| South Academy Boulevard: Interstate 24 to Bradley Road Ramps | Construction | $28,206,924 | $19,332,370 | $19,500,000 | $67,039,294 | $18,000,000 | $49,039,294 | ||
| Stapleton Drive / Briargate Boulevard Corridor Study (Joint Project – County Led)3 | Study | $314,000 | $16,040 | $330,040 | $314,000 | $16,040 | |||
| West Colorado Avenue Reconstruction: 31st Street to U.S. Highway 24 (Joint Project – County Led)4 | Complete | $18,163,656 | $30,000 | $18,193,656 | $3,428,000 | $14,765,656 | |||
| Tutt Boulevard Extension: Dublin Boulevard to Templeton Gap Road (Joint Project – City Led) | Design | $555,000 | $1,100,000 | $1,655,000 | $555,000 | $2,210,000 | |||
| Total Capital Projects | $122,960,011 | $23,617,402 | $36,649,012 | $24,197,000 | $0 | $181,873,471 | $80,155,000 | $102,828,471 | |
| Conservative Revenue Projections | $21,400,556 | $22,000,000 | $22,000,000 | $2,235,007 | Total Revenue Projection | $190,595,574 | |||
| “A” List and Contingency / “B” List Funds by Year | ($2,216,846) | ($14,649,012) | -$2,197,000 | $2,235,007 | A List and Contingency / “B” List7 | -$14,611,005 | |||
| Optimistic Revenue Projections | $21,400,556 | $22,042,573 | $22,703,850 | $2,302,057 | Total Revenue Projection | $191,409,047 | |||
| “A” List and Contingency / “B” List Funds by Year | ($2,216,846) | -$14,606,439 | -$1,493,150 | $2,302,057 | A List and Contingency / “B” List7 | -$13,797,532 | |||
- Total Project Cost less other funding sources
- Original 2012 El Paso County Program Revenue Projection at $107 million; member governments used 75% of revenue projections for programming purposes. The remaining 25% of revenue projections planned to be used for contingency, inflation, unexpected costs / scope, and variability in project cost due to early estimating.
- 2025 Projected Revenues are distribution of 2015-2024 PPRTA Reserves
- El Paso County advanced $7,771,230 to Colorado Springs for West Colorado Avenue and this advance is expected to offset El Paso County allocation and additional Colorado Springs costs for Black Forest Road joint project.
- Highway 105 scope for budget is Interstate 25 to Martingale Driving. Remaining preliminary corridor estimate is at $65.5 million.
- Eastonville Road scope for budget is Stapleton Drive to Rex Road. Remaining preliminary corridor estimate at $25 million.
- Remaining Projected Revenues to be used for additional scope for Highway 105, Eastville Road or PPRTA “B” List.