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Report regarding the proposed Capital Improvement Program for the fiscal year 2025-26. (Eunejune Kim, Director of Public Works/City Engineer, and Matthew Ruble, Principal Engineer)
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RECOMMENDATION
Staff recommends that the City Council review and provide feedback on the proposed Capital Improvement Program for the fiscal year 2025-26.
BACKGROUND/DISCUSSION
The Capital Improvement Program (CIP) outlines large capital expenditures and infrastructure improvement projects throughout the City. City departments identify necessary improvements and prioritize project implementation when preparing the CIP.
City staff considers the following criteria when selecting projects for inclusion in the CIP:
? Grant-funded projects requiring a city contribution
? Previously approved projects under construction or contract
? Projects required for regulatory compliance
? Projects to maintain or upgrade existing City infrastructure
? Projects with no General Fund allocations
? Projects requested by the community or City departments
? Projects that can be reasonably delayed, are complete, or are no longer necessary
Based on the established guidelines, staff proposes the following fiscal year (FY) 2025-26 CIP budget appropriations. The proposed FY 2025-26 CIP budget is $232.82 million, which includes $24.03 million of new appropriations and approximately $208.79 million of in carryover appropriations from previous years for continuing projects.
Additionally, the City continues its efforts to identify projects within Infrastructure Reserves and Sewer Enterprise Funds to be reprogrammed or redirected back to the City's budget to support CIP funding needs for FY 2025-26 and out-years. These projects are detailed in a separate attachment, along with other identified funding sources and projects recommended for fund release, permanent closure or deferral to a future fiscal year.
Projects anticipated to be eliminated or deferred are not included in the FY 2025-26 Budget Book.
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