Placement: New Business
Action Requested: Motion / Vote
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Tentatively Approve the Proposed Capital Improvement Program for Fiscal Years 2025 - 2029.
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Submitted By: Ivy Ladyko, Budget Manager
Strategic Plan Link: The City's Mission to be responsive to our community.
Executive Summary (General Business): Executive Summary (General Business): This is the proposed Capital Improvement Program (CIP) for Fiscal Years 2025-2029.
Presentation Information: Staff will provide a presentation that highlights the capital projects and proposed funding for the five-year CIP.
Staff Recommendation: Move that the Council tentatively approve the proposed five-year Capital Improvement Program and the proposed Fiscal Year 2024-25 Capital Budget.
Alternate Recommendation:
1. Move that the Council amend the recommendation and provide further direction.
Background: This is the presentation of the proposed CIP for FY 2025-29. The full CIP covers a ten-year planning horizon of significant and long-term investment projects that must be planned for with available funding.
Issues/Analysis: Funding has been identified and/or proposed for projects for the first five (5) fiscal years of the CIP. The projects and/or equipment included in the plan advance the City Council's Strategic Plan goals and priorities.
Financial Information: This is the first step in approving a proposed operating and capital budget for FY 2024-25. We have identified funding for the first five-years of the CIP plan, years six through ten do not have identified funding sources but are a very good indication of major projects Staff believes will need to be accomplished in future years.
Special Consideration: N/A
Location of Project: Citywide
Attachments: 1. Fiscals 2025-2029 Proposed Capital Improvement Program budget book
2. Fiscals 2025-2029 Proposed CIP Power Point Presentation
NOTE: All of the listed items in the "Attachment" section above are in the custody of the City Clerk. An...
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