Title
Discussion regarding the 5-year Capital Improvement Plan for FY 2025-2029 related to drainage, information technology, facilities, parks, transportation, reclaimed water, water, and wastewater projects.
Summary
City staff presents the 5-Year Capital Improvement Plan (CIP) for FY2025-2029 for discussion by City Council.
Staff previously submitted the CIP to the Planning and Zoning Commission (P&Z) on April 1, 2024. Feedback and discussion were incorporated into the CIP, and presented to the Planning and Zoning Commission, on May 6, 2024. The P&Z voted unanimously on May 6th to approve the proposed 5-Year CIP.
As required by the City Charter, the P&Z annually reviews and submits a 5-year Capital Improvement Plan to the City Council and City Manager at least 120 days before the beginning of the budget year that starts October 1st. The City Charter further outlines that the CIP must include a prioritized list of projects that are programmed with a recommended year of construction. The CIP includes an explanation of the process for developing the projects, the input received from residents, staff, P&Z and City Council.
The proposed Capital Improvement Plan (CIP) for FY2025 to FY2029 provides a comprehensive approach to the upcoming capital investments the City is recommended to make and helps define available and upcoming project funding needs. The CIP traditionally covers a five-year period and is updated every year. The appropriation of funding for a project is made either in conjunction with the Annual Budget as a General Fund CIP project or as a Utility Fund CIP Project or by adopting a Budget Amendment and adding a project at another point during the fiscal year.
The CIP includes a project specific description and justification, reference to the Strategic Plan, Aspire 2040 Comprehensive Plan, master plans and outline the need, the costs for design, land and right of way, construction and related costs are outlined and a total project cost pro...
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