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06-15-15-WS
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06-15-15-WS
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3/2/2016 3:21:50 PM
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6/12/2015 11:39:38 AM
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Page 1 of 1 <br /> <br />AGENDA ITEM – 1B <br /> MEMORANDUM <br /> <br />DATE: June 15, 2015 <br /> <br />TO: Honorable Mayor and City Council Members <br /> <br /> <br />FROM: Patrick Klaers, City Administrator <br /> Sue Iverson, Director of Finance and Administrative Services <br /> <br />SUBJECT: 2016 – 2020 Capital Improvement Program (CIP) <br /> <br />Action Requested <br /> <br />Provide feedback to staff on Preliminary Proposed 2016 – 2020 CIP Plan. <br /> <br />Background <br /> <br />Annually the City prepares a five (5) year Capital Improvement Plan for budgeting and <br />forecasting. <br /> <br />Discussion <br /> <br />A preliminary plan has been prepared and is attached along with a summary of projects, <br />detailed sheets on each project and their proposed funding sources, a report showing the <br />projects by funding source, and a sheet projecting the fund balances in each of the funds <br />(since the operating budgets have not yet been completed, these fund balances included <br />estimated operating costs). <br /> <br />The majority of changes are in the Public Works area, a memo from Terry Maurer is <br />attached for your reference on the major changes to that area. EDA was updated but no <br />changes to costs and the voting system was moved out as it has not yet been purchased by <br />Ramsey County. <br /> <br />Attachment <br /> <br />Attachment A: Memo from Terry Maurer <br />Attachment B: Capital Improvement Plan Summary <br />Attachment C: Capital Improvement Project Detail Sheets <br />Attachment D: Equipment Replacement Program <br />Attachment E: Projects by Funding Source <br />Attachment F: Sources and Uses of Funds Summary for the CIP
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