03/13/2017 City Council Agenda - Laserfiche WebLink

Home Browse Search

EUGENE CITY COUNCIL AGENDA ITEM SUMMARY Eugene Public Hearing and Action: FY 2018-2023 Capital Improvement Program Meeting Date: March 13, 2017 Department: Central Services www.eugene-or.gov ISSUE STATEMENT Agenda Item Number: 5 Staff Contact: Mike Streepey Contact Telephone Number: 541-682-6820 This item is a request for the City Council to adopt the Capital Improvement Program (CIP) for fiscal years 2018 through 2023 (FY 2018-2023). BACKGROUND The Capital Improvement Program (CIP) is a planning document that forecasts the City's capital needs over a six-year period based on various City -adopted long-range plans, policies, goals and other planning processes. The FY2018-2023 CIP totals approximately $162 million and includes projects for the Airport, Parks and Open space, Public Buildings and Facilities, Stormwater, Transportation and Wastewater. The Project Summaries section of the CIP document contains tables summarizing all CIP projects, anticipated annual funding levels and maps indicating the geographic location of CIP projects. The primary goals of the CIP are to: Provide a balanced program for capital improvements given anticipated funding sources over a six-year planning period; Illustrate upcoming capital needs based on anticipated funding levels, and; Serve as the basis for the Capital Budget for the coming two fiscal years. Capital projects are generally large-scale endeavors in terms of cost, size and benefit to the community. The underlying strategy of the CIP is to plan for land acquisition, construction, and the major preservation of public facilities necessary for the safe and efficient provision of services. A critical element of a balanced CIP is the provision of funds to preserve or enhance existing facilities and provide new assets that will aid response to service needs and community growth. Over the past two years, CIP stakeholders, including the Budget Committee, have provided feedback on the CIP document and process. As a result, changes were made to the CIP in order to achieve several goals. These goals include: A shared understanding across stakeholder groups of the purpose of the CIP; Stronger connections between selected projects and important policy initiatives;