City of Port St. Lucie header
File #: 2021-324    Version: Name:
Type: New Business Status: Passed
File created: 4/7/2021 In control: Special City Council
On agenda: 4/26/2021 Final action: 4/26/2021
Title: Tentatively Approve the Proposed Fiscal Year (FY) 2021-22 Capital Improvement Program.
Attachments: 1. FY21-22 Proposed Capital Improvement Program book, 2. 2021-22 CIP Presentation Final

Placement: New Business                     

Action Requested: Discussion                     

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Tentatively Approve the Proposed Fiscal Year (FY) 2021-22 Capital Improvement Program. 

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Submitted By: Jeff Snyder, CFO, Financial Management Department

 

Strategic Plan Link: The City's Goal of high-quality infrastructure and facilities.

 

Executive Summary (General Business): This is the proposed FY 2021-22 Capital Improvement Program (CIP) which encompasses our funded five-year CIP plan for discussion purposes.  This is the first look at the projects.

 

Presentation Information: Staff will provide a power point presentation.

 

Staff Recommendation: Request that the Council tentatively approve the proposed Capital Improvement Program.

 

Background: This is the presentation of the proposed CIP for FY 2021-22.  The full CIP covers a ten-year planning horizon of large projects and costly equipment that must be planned for and matched with available funding.

 

Issues/Analysis: Projects for the first five fiscal years have been matched to funding sources.  The projects and/or equipment must be placed in the schedule to match available funds and to follow the strategic plan goals and priorities set by the City Council.

                     

Financial Information: This is the first step in approving a proposed operating and capital budget for FY 2021-22.  We believe the first five-years of the CIP plan are funded, years six through ten do not have identified funding sources but are a very good indication of major work that Staff believes needs to be accomplished in future years.

 

Special Consideration: N/A

 

Location of Project: City Wide

 

Attachments:                      

1. FY 21-22 Proposed Capital Improvement Program book                      

2. Power Point Presentation 

 

NOTE: All of the listed items in the “Attachment” section above are in the custody of the City Clerk. Any item(s) not provided in City Council packets are available upon request from the City Clerk.

 

Internal Reference Number: N/A

 

Legal Sufficiency Review: 

N/A