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HomeMy WebLinkAboutCouncil Provided Information - 7/8/2025 (8)Budget FY 25 -26 Presented by Rachel Molinari & Mike Atkinson CAPITAL IMPROVEMENT PROGRAM FY26 APPLICATION MAP CAPITAL IMPROVEMENT PROGRAM https://tinyurl.com/CIPMapFY26 FY26 APPLICATION SUMMARY CAPITAL IMPROVEMENT PROGRAM Overview Total # of Applications 60 # of Internal Application 24 # of Constituent Applications 36 Total # of Projects Recommended 30 Total $ Funding Requested $65,515,717 Total $ Funding Recommended $43,693,236 # of Constituent Projects Recommended 8 Total Constituent $ of Recommended $3,938,724 $0 $20,000,000 $40,000,000 Engineering Public Lands Public Services Transportation Requested Funding 2026 REQUESTS – CONSTITUENT ~$17,000,000 CAPITAL IMPROVEMENT PROGRAM $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $2,858,600 , 17% $7,216,355 , 43% $6,618,609 , 40% Engineering Public Lands Transportation 2026 REQUESTS – INTERNAL ~$49,000,000 CAPITAL IMPROVEMENT PROGRAM $0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 $35,000,000 $40,000,000 $45,000,000 $10,930,600 , 23% $3,595,436 , 7% $10,900,000 , 22% Engineering Public Lands Public Services Transportation ONGOING EXPENSES ~$16.5M CAPITAL IMPROVEMENT PROGRAM Project Total Sales Tax Bonds $8,152,973 ESCO Debt Service $924,700 Fire Station #3 $675,575 Fire Station #14 $496,950 General Obligation Series Bond 2025 (2nd Tranche of Parks Bond)Debt Service Projects Total $13,077,843 On g o i n g Crime Lab $600,000 City Leases $560,000 Facilities Maintenance $350,000 Urban Trails Maintenance (1/4 Cent)$200,000 Public Lands Maintenance $250,000 Public Lands Maintenance (FOF)$195,573 Vacant Property Maintenance $700,000 Public Services- ESCO County Steiner - Memorial House Other Ongoing Total $565,849 Estimated Total 2026 AVAILABLE FUNDING CAPITAL IMPROVEMENT PROGRAM General Fund Class C Parks Impact Fee Streets Impact Fees FOF Street FOF Other FOF Transit ¼ Cent & 5th 5th Tax Total Available (est.)$9,913,236 $10,500,000 $8,800,000 $3,600,000 $1,000,000 $1,100,000 $900,000 $10,600,000 $46,413,236 Recommended $9,913,236 $10,500,000 $8,800,000 $880,000 $1,000,000 $1,100,000 $900,000 $10,600,000 $43,693,236 Remaining $0 $0 $0 $2,720,000 $0 $0 $0 $0 $2,720,000 •The remaining balance in Streets Impact Fees is the result of a limited number of eligible projects. •Class C funding includes $6M in one-time funding from Class C fund balance revenues coming in higher than budgeted •¼ Cent funding includes $2.5 M one-time funding from the Transportation fund balance •5th 5th Sales Tax is $600,000 and is recommended for Street Reconstruction MAYOR RECOMMENDATIONS Dept/Div Council District Application Title Recommended Funding Transportation CW $2,300,000 Public Lands CW $2,052,000 Public Lands CW $2,684,929 Engineering CW $4,390,676 Engineering $1,680,600 Engineering CW $750,000 Public Lands 5 $1,000,000 Public Lands CW $1,017,515 Engineering CW $1,000,000 Public Lands 7 - 50/50 Cost Share for One Pavilion Replacement & Critical $1,107,117 Public Services CW $1,980,868 Transportation CW $4,000,000 Transportation CW $1,000,000 Transportation CW $1,500,000 Engineering CW $3,500,000 CAPITAL IMPROVEMENT PROGRAM MAYOR RECOMMENDATIONS CONT. Dept/Div Council District Application Title Recommended Funding Public Lands 2 $90,000 Transportation CW Federal Grant Match 2026; Bike Rack Replacements 2026 $ 100,000 Transportation CW $2,000,000 Engineering 7 $303,000 Transportation 7 $500,000 Public Lands CW $630,000 Public Lands CW $385,000 Transportation 4 $855,724 Public Lands 1 $530,000 Public Services 4 $1,078,807 Public Lands CW $2,597,000 Public Lands CW $500,000 Public Lands 1 $680,000 Public Lands 2 $480,000 Public Lands 4 Civic Campus and Green Loop Implementation $3,000,000 CAPITAL IMPROVEMENT PROGRAM CIP PROJECT TOTALS CAPITAL IMPROVEMENT PROGRAM THANK YOU For questions contact Rachel Molinari or Mike Atkinson