FY27 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 2026-2030 Summary by Division

2026

2027

2028

2029

2030

Total

Airport

650,000 $ 4,270,000

$

550,000 $

1,500,000 $

1,100,000 $

470,000 $

Equipment

$ 12,000,000

$ 12,000,000

$

-

$

-

$

-

$

-

Finance Administration

100,000 $

500,000

$ $ $ $ $ $ $ $ $ $ $ $

100,000 $

100,000 $

100,000 $

100,000 $

Fire

$ 1,595,000

95,000

$

1,500,000

$

-

$

-

$

-

Government Buildings

1,748,800 $ 6,624,100 225,000 $ 2,904,300 1,000,000 $ 2,200,000 1,250,000 $ 6,950,000 2,895,000 $ 11,932,000 400,000 $ 7,888,300 - $ 9,750,000

2,090,700 $ 170,000 $

1,457,000 $ 889,300 $

130,000 $ 145,000 $

1,197,600 $ 1,475,000 $

Landfill Library

-

$

1,200,000

$

-

$ $

- -

$ $

Neighborhood Services

1,000,000 $ 1,100,000 $ 3,977,000 $ 6,247,300 $

4,720,000 $ 1,100,000 $ 3,165,000 $ 441,000 $

4,030,000

Parking Operations Parks Maintenance

1,450,000 $ 1,275,000 $ 400,000 $

2,050,000 $ 620,000 $ 400,000 $

Police

Public Works Administration $

$ 2,450,000

2,450,000

$ $ $

-

$

-

$ $ $

- -

$ $ $

-

Refuse Operations

300,000 $ 1,597,500

- -

897,500 $

400,000

Senior Center Stormwater

$ 5,000,000

2,300,000

$

-

2,700,000

-

240,000 $ 2,650,000

1,090,000 $

420,000 $

660,000 $

240,000 $

Street Operations Transit Operations

$ 15,135,800 $ 38,074,800 $ 21,192,800 $ 53,157,800 $ 50,747,800 $178,309,000

$ 21,440,000

$ 21,340,000

$

25,000

$

25,000

$

25,000

$

25,000

Wastewater Treatment

3,710,000 $ 13,296,000 4,600,000 $ 25,900,000

$ $

1,350,000 $ 5,300,000 $

1,866,000 $ 3,000,000 $

2,692,000 $

3,678,000 $

Water Operations

2,300,000 $ 10,700,000 $

Grand Total

$ 73,995,800 62,655,600 $ $ 35,899,800 76,813,400 $ $ 67,891,600 317,256,200 $

Total expenditures for the Capital Improvement Program for years 2026 – 2030 are $317,256,200. Total funding sources for the Capital Improvement Program for year 2026 – 2030 are $317,054,200.

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