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<br />
<br />Emphasis Areas for Five-Year CIP
<br />
<br />For the five-year CIP, there is more opportunity for City Council to provide direction and
<br />feedback. The proposed five-year CIP has a heavy focus on transportation, parks and
<br />storm water projects. Based on Council direction, staff can preserve or change the
<br />emphasis areas and/or include or exclude specific projects.
<br />
<br />
<br />Five-Year CIP Additional Funding Requirement
<br />
<br />The Table below shows the additional funding requirements by functional area based on
<br />the proposed five-year CIP requests after all dedicated funding sources and the UUT
<br />(which can be used for all projects) have been subtracted. The gap between projected
<br />funding and funding required for all department-requested projects is $254.7 million.
<br />
<br />
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<br />
<br />Currently Funded (Existing) CIP Status Update
<br />
<br />The existing CIP (funded in FY 2016-17 and previous years) has several active projects.
<br />An analysis of the existing CIP shows that there are 209 active projects with a total
<br />project balance of $91.8 million. A detailed list of the projects and their status (as of
<br />March 31, 2017) is provided in Attachment 3. The charts below show the project
<br />breakdown by funding source and also by functional area.
<br />
<br />In FY 2014-15, the total CIP expenditure (including encumbrances) was $19.4 million
<br />while in FY 2015-16, the total expenditure (including encumbrances) was $34.3 million.
<br />FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22 Total 5-Year
<br />Administration 3,000,000$ 3,150,000$ 3,307,500$ 3,472,875$ 3,646,519$ 16,576,894$
<br />Facilities 450,000$ 1,226,000$ 905,000$ 300,000$ 300,000$ 3,181,000$
<br />Parking 260,000$ 100,000$ 110,000$ -$ -$ 470,000$
<br />Parks 790,000$ 5,840,000$ 10,265,000$ 6,090,000$ 3,250,000$ 26,235,000$
<br />RS Levee/Lagoon 51,000$ 1,801,000$ 3,655,000$ 3,805,000$ 5,555,000$ 14,867,000$
<br />Sewer -$ 4,120,000$ 620,000$ 1,600,000$ 1,400,000$ 7,740,000$
<br />Stormwater 1,260,000$ 2,040,000$ 8,400,000$ 6,800,000$ 5,200,000$ 23,700,000$
<br />Technology 1,193,119$ 2,285,909$ 1,471,143$ 1,626,143$ 1,401,143$ 7,977,457$
<br />Transportation 2,148,110$ 40,643,200$ 51,424,250$ 44,043,250$ 48,979,000$ 187,237,810$
<br />Water -$ 4,750,000$ 3,750,000$ 2,200,000$ 2,600,000$ 13,300,000$
<br />9,152,229$ 65,956,109$ 83,907,893$ 69,937,268$ 72,331,662$ 301,285,161$
<br />Less UUT Funds
<br />available:
<br />9,228,847$ 9,070,642$ 9,251,848$ 9,436,678$ 9,625,204$ 46,613,219$
<br />Funding Shortfall: (76,618)$ 56,885,467$ 74,656,045$ 60,500,590$ 62,706,458$ 254,671,942$
<br />Additional Funding Requirements by Functional Area
<br />9.A - Page 14
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