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HomeMy WebLinkAbout1994-05-10 - AGENDA REPORTS - 95 99 FIVE YEAR CIPNEW BUSINESS DATE: SUBJECT: DEPARTMENT: AGENDA REPORT May 10, 1994 item to oe presemea oy: o Amelia Hutchinson dd'r9 1995-1999 FIVE YEAR CAPITAL IMPROVEMENT PROGRAM Community Development Each year the City prepares and adopts a Five Year Capital Improvement Program (CIP). The CIP Is both a planning tool and a budget document. As a planning tool, the CIP provides a comprehensive view of the City's capital Improvement needs and funding constraints and opportunities for the next five years. This is a valuable resource for City Council and staff when considering the appropriation of resources to new programs and projects. As a budget document, the first year of the CIP is the capital improvement program budget request for FY '94-'95. The projects listed in the FY '94-'95 column and program have been Included in the City Budget's Capital Projects section. The CIP has been designed to enhance readability and usefulness. The projects are divided into eight categories (budget requests for FY '94-'95 are included with this listing): Beautification & Landscaping $780,000 Circulation $1,542,000 Community Recovery $10,693,333 Resource Mgmt. & Conservation $796,000 Facilities & Buildings $500,000 Parks & Recreation $1,120,000 Streets & Bridges $15,662,223 Trails & Transit $3,492,000 Total = $34,585,556 Each project description includes a map showing the approximate location of the improvement as well as a breakdown of the costs and funding sources associated with the project. The CIP also Includes a list of unfunded projects. The 1995-1999 Fiver Year CIP will be presented In greater detail to the City Council during the upcoming budget study sessions. Prior to City Council consideration of the CIP, the Planning Commission must make a finding that the CIP is consistent with the City's General Plan. Refer consideration of the CIP to the Planning Commission for determination of consistency with the General Plan. ATTACHMENT CIP will be handed out at the meeting. AH:dlsji I� aoundhSClpp,e,a1s uen,ul'1 Item•.