FY26 Proposed Budget

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 wit h the City’s financial and operational demands. The City’s five year capital improvement plan is integrated into the City’s financia l 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

$ 395,000

$ 932,545 1,500,000 $

$ 8,450,000

$ 470,000 11,747,545 $

Equipment

12,000,000

12,000,000

Finance Administration

100,000

100,000 95,000

100,000

100,000

100,000

500,000

Fire

2,560,000

500,000 14,500,000

17,655,000

Government Buildings

188,500 1,355,000

325,000 689,250

500,000

950,000 3,318,500

Landfill Library

4,000,000

50,000 805,000

145,000 1,475,000

6,359,250

805,000

Parking Operations Parks Maintenance

2,025,000 1,100,000 1,955,000 8,430,000 395,000 1,080,000

1,300,000 1,435,000 460,000 1,330,000

2,865,000 8,725,000 1,305,000 13,480,000

Police

1,475,000

Public Works Administration

300,000 50,000 400,000

300,000

Recreation

17,750,000

50,000

300,000 897,500

50,000 18,200,000

Refuse

300,000

1,597,500 5,000,000

Senior Center

2,300,000

2,700,000

Stormwater

1,095,000 1,090,000 11,840,800 11,462,800 710,000 20,890,000

240,000

240,000

240,000 2,905,000 9,287,800 79,637,000 25,000 21,675,000

Street Operations Transit Operations Wastewater Treatment

32,857,800 14,187,800

25,000

25,000

4,188,000

850,000 1,566,000

2,547,000 3,378,000

12,529,000

Water Operations

1,770,000 3,350,000

2,850,000 2,300,000

8,500,000 18,770,000

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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