| DOCUMENT DESCRIPTION: |
DISCUSSION of the proposed 2026-2035 Capital Improvement Plan (CIP) and 2026-2028 Capital Improvement Budget (CIB).
(Discussions will continue through the month of April and May 2025.)
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| VOTING REQUIREMENTS: |
| Discussion item only. No action required by the Governing Body |
| POLICY ISSUE: |
Discussions on the proposed 2026-2035 Capital Improvement Plan and 2026-2028 Capital Improvement Budget will continue through the month of April. |
| STAFF RECOMMENDATION: |
Staff recommends the review and continued discussion of the proposed Capital Improvement Plan and Budget. |
| BACKGROUND: |
The Governing Body will adopt a Capital Improvement Plan (CIP) covering a 10-year period and a Capital Improvement Budget (CIB) covering a three-year period. Discussions will continue through the month of April and May 2025.
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| BUDGETARY IMPACT: |
The CIP and CIB are planning tools. Approval of the project budgets comprising the CIB will authorize expenditures of funds identified in the project budget and will be reflected in that year's operating budget in the appropriate fund. |
| SOURCE OF FUNDING: |
General Obligation Bonds, Revenue Bonds, Enterprise Fund (Water, Wastewater and Stormwater) Cash, Cash on hand, Federal Funds, Citywide Half-Cent Sales Tax, Countywide Half-Cent Sales Tax, Information Technology Fund |