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10.A. - Page 11 of 21 <br />Chart 3: Proposed Five Year CIP Total Funding Requests by Functional Area <br />$120.0 $111.9 <br />$100.0 ' <br />ME <br />a $60.0 <br />$40.9 $41.2 <br />$40.0 <br />$33.9 <br />N <br />L <br />`—° $19.0 <br />$15.0 <br />$17.8 <br />o° $20.0 <br />W <br />$9.8 <br />1 r <br />$0.3 $0.9 <br />$3.1 <br />$0.0 <br />o� <br />t J a�t� <br />el o�o\,N <br />,�N <br />\'ems <br />Infrastructure and capital improvement needs consistently outpace anticipated revenues for each year of <br />the five year CIP. In an effort to bridge this gap, staff have focused on: <br />• Researching other potential funding options; <br />• Applying for grants, state and federal funding; <br />• Establishing partnerships with other agencies or organizations; and <br />• Continuously evaluating and refining existing and future CIP projects. <br />Although transportation projects occupy the bulk of annual CIP funding needs, staff continue to leverage <br />funding from grants and other sources in addition to the UUT to increase available revenues. Similarly, <br />water and sewer infrastructure projects receive their funding from dedicated water and sewer rate <br />revenues which the City Council has proactively aligned with anticipated needs. However, there is still a <br />large subset of projects dependent upon shared UUT funding and staff will continue to explore new <br />funding mechanisms and opportunities. A complete list of proposed projects in the five year CIP is <br />included as Attachment B. <br />Requested City Council Direction <br />The City Council's direction is requested on the following: <br />1. Do projects identified in the proposed FY 2019-20 CIP and five year CIP reflect the City Council's <br />priorities? <br />2. Are there projects that the City Council would like to remove from the CIP in order to include new <br />projects? <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.ore <br />398 <br />