KINGMAN - The city's 2012-2013 budget and capital improvements program is final, with operations set at about $45 million.
Although the city set appropriations at $163,356,651, it doesn't have that much money.
Out of that $163 million plus comes the $45 million operating budget - money that will indeed be spent. That leaves about $118 million worth of appropriations - money that may not even exist - for capital projects, grants, internal transfers and debt service programs.
Take the city's capital projects funds, for example. The FY 2013 budget has nearly $21 million slated for the Kingman Crossing traffic interchange project and nearly $51 million appropriated for the Rancho Santa Fe Parkway traffic interchange - two projects which have been in the "we-wish" stages for years.
Coral Loyd, Kingman's director of financial services, said these projects must be included in the budget just in case developers in the area proposed for the traffic interchanges somehow come up with the financing to move forward with the interchanges. If the projects aren't appropriated, and developers come up with financing, there's nothing the city can do, and everyone would need to wait for the next year to get the projects into the budget. Just those two interchanges make up about $72 million of the $118 million worth of appropriations. With that in mind, it's easy to see why the balance of the budget - after operations - sits at about $118 million.
Consider the FY 2012 budget. It had $81,823,021 set for capital projects but spent $3,533,290 throughout the whole fiscal year.
One of the projects moving forward during the coming year deals with the widening of Gordon Drive. It has an estimated cost of $5,037,116, and will be funded with $4,750,000 worth of Western Arizona Council of Governments grants and $287,116 from collected impact fee revenue. The project seeks to widen more than a mile of Gordon Drive between Stockton Hill Road and Bank Street. Improvements include adding a vertical curb and gutter, a 5-foot-wide sidewalk, a 3-foot-wide bike lane and boulevard lighting on the city's side of the road, and 12-foot-wide travel lanes and a curb and gutter on the county's side of the road.
The city's budget documents are available online on the City of Kingman website and in person at the City Complex, 310 N. Fourth St. They are there for the public's viewing and can add a lot of understanding to this convoluted process.
Creating the FY 2013 budget has been an ongoing process for the last three months, said Councilwoman Janet Watson. There's nothing left to do but adopt it, she added.
"We've thoroughly looked at everything in there," she said.
Mayor John Salem commended his colleagues on Council and city staff for their dedication and hard work during the budget process.
"I'm very proud of this," Salem said. Moments later, Council unanimously voted to adopt the project.