FY26 Adopted Budget Final

Capital Project Plan The five-year capital improvement program (CIP) is developed and updated annually through a process involving all City departments in the collection and review of the capital improvement needs of the City. The plan reviews, plans, and prioritizes the capital replacement and capital expansion needs of the City in coordination with the City’s financial and operational demands. The City’s five year capital improvement plan is integrated into the City’s financial plan and annual budget. This plan also coordinates with the City’s long-range debt planning to ensure that sufficient debt funding is available at the time improvements are needed or expected. The projected debt issues in the program have been integrated into the Debt Service Fund’s budget.

Below is the five-year capital improvement plan expenditure summary by division.

Capital Improvement Plan 2025-2029 Summary by Division

2025

2026

2027

2028

2029

Total

Airport

11,747,545 12,000,000

395,000

932,545

1,500,000

8,450,000

470,000

Equipment

-

12,000,000

-

-

-

Finance Administration

500,000

100,000

100,000 95,000

100,000 500,000 325,000 689,250

100,000

100,000

Fire

17,655,000 3,318,500 6,359,250 8,725,000 10,780,000 1,475,000 3,000,000 18,200,000 1,597,500 5,000,000 2,905,000 79,637,000 21,675,000 12,529,000 18,770,000 805,000

2,560,000

14,500,000

-

Government Buildings

188,500

1,355,000

500,000 145,000

950,000

Landfill Library

4,000,000

50,000 805,000

1,475,000

-

-

-

-

Parking Operations Parks Maintenance

2,025,000 1,705,000

1,100,000 5,980,000 1,080,000 2,450,000

1,300,000

1,435,000 1,330,000

2,865,000 1,305,000

460,000

Police

395,000 250,000

- -

-

- -

Public Works Administration

300,000 50,000 400,000

Recreation

17,750,000

50,000

300,000 897,500

50,000

Refuse Operations

300,000

-

- -

Senior Center Stormwater

-

2,300,000 1,090,000 11,462,800 20,890,000

-

2,700,000

1,095,000 11,840,800

240,000

240,000

240,000

Street Operations Transit Operations

32,857,800

14,187,800

9,287,800

710,000

25,000

25,000

25,000

Wastewater Treatment

4,188,000 1,770,000

850,000

1,566,000 2,850,000

2,547,000 2,300,000

3,378,000 8,500,000

Water Operations

3,350,000

Grand Total

49,272,300 65,940,345

43,610,550 49,209,800

28,645,800 236,678,795

Total expenditures for the Capital Improvement Program for years 2025 – 2029 are $236,678,795. Total funding sources for the Capital Improvement Program for year 2025 – 2029 are $257,441,795.

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