03/13/2017 City Council Agenda - Laserfiche WebLink

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Stormwater is planning to invest $15.6 million in this CIP, primarily for rehabilitation and improvements. Projects include the continuation of drywell removal ($3.0 million), which is mandated by the Department of Environmental Quality (DEQ), and system rehabilitation ($6.0 million). With the exception of General Capital Projects, the vast majority of funding for CIP projects is restricted to a particular use, such as the 2012 transportation bonds for street projects, FAA funding for airport projects, wastewater and stormwater charges, local motor vehicle fuel tax revenue, system development charges (SDC's), airport passenger facility charges and more. General Capital Projects refer mostly to capital improvements and preservation for public buildings and facilities, which account for $23.1 million, or 14%, of planned capital spending over the next six years. General capital projects are primarily funded through the City's General Fund. CIP Development and Review Process During the summer and fall of even numbered years, staff compiles the draft CIP using input and requests from a variety of sources including Council adopted plans and policy documents, maintenance monitoring programs, funding directives from federal and state grants and mandates, public input and more. The draft CIP is subsequently published and made available to the public. Following review of the CIP by the Budget Committee, and adoption by the City Council, the projects become the basis for preparation of the City's Capital Budget for the next two fiscal years. The draft CIP document was made available on the City's web site in January of 2017. Information about the draft FY 2018-2023 CIP was also sent electronically to interested citizens via the City Council newsletter, Neighborhood Services newsletter, and the Budget Interested Parties e-mail list. Hard copies of the draft CIP document were made available to the public at the Downtown Public Library, the Finance Division and the City Manager's Office. At their request, a presentation on the draft FY 2018-2023 CIP was made to the Planning Commission at their February 6, 2017 meeting. The Budget Committee heard public comment on the draft FY 2018-2023 CIP on February 15, 2017. The committee passed a motion to recommend that the City Council adopt the FY2018-2023 CIP as proposed. RELATED CITY POLICIES The City's Financial Management Policies include a goal to have a capital improvement program that adequately maintains and enhances the public's assets over their useful life. The policies also state that the City will plan for capital improvements over a multi-year period, and the capital projects will directly relate to the long-range plans and policies of the City. COUNCIL OPTIONS The City Council may exercise one of the following two options: 1. The council may choose to adopt the FY2018-2023 CIP as recommended by the Budget Committee.