FY 25 Adopted Budget | Page 204

Transportation Capital Projects

NCDOT Betterments
Project Location
Various
Type of Project
Streets & Sidewalks
Current Project Stage
Design
Project Lead
Engineering
Project Description The Town will pay for voluntary improvements , known as betterments , on certain NCDOT projects . These include the addition of sidewalk and lighting conduit for street lighting during the replacement of the NC 50 bridge over US-70 ( B-4654 ) and the widening of US 401 ( U-5302 ).
Purpose of Project Partnering with NCDOT allows the Town to leverage state-funded construction to add value to the local street and pedestrian network . The Town invests in NCDOT betterments to provide higher quality amenities , like additional lighting , road width , and beautification , on key roadway projects that they don ' t normally have jurisdiction over .
Project Funding Overview Total Project Cost Prior Year Expenditures Future Year Costs $ 800,000 $ 0 $ 800,000
EXPENDITURES
PRIOR YEAR FUNDING
FY 2025
FY 2026
FY 2027
FY 2028
FY 2029
GRAND TOTAL
Construction
-
$ 400,000
$ 400,000
-
-
-
$ 800,000
Total
-
$ 400,000
$ 400,000
-
-
-
$ 800,000
REVENUES
PRIOR YEAR FUNDING
FY 2025
FY 2026
FY 2027
FY 2028
FY 2029
GRAND TOTAL
2021 Bonds
-
$ 400,000
$ 400,000
-
-
-
$ 800,000
Total
-
$ 400,000
$ 400,000
-
-
-
$ 800,000
199 8