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HomeMy WebLinkAbout1D, CIP 2010-2014 .~ MEMORANDUM 1.D DATE: July 17, 2009 TO: Mayor and City Council Ron Moorse, City Administrator FROM: Sue Iverson, Finance Director SUBJECT: 2010 - 2014 Capital Improvement Plan BACKGROUND As part of the 2010 budget process, a five-year capital improvement plan is prepared. Staff met with Council during January through June to review each department's detailed capital improvement plans. DISCUSSION The attached document is a preliminary copy of the 2010 - 2014 Capital Improvement Plan (CIP) based on the previous discussions with the City Council. Please note that it is a work-in-process document and that this is a draft copy for discussions. Funding amounts have not been thoroughly analyzed as we need to complete the draft operating budgets during the next month. The funding amounts are roughly based on last year's numbers. Office equipment and the County Road E Improvements under Streets have not been previously discussed in work sessions. James and Kris will have data to discuss the County Road E Improvements. I have included updated amounts for the Springbrook upgrade from discussions and meetings with Little Canada and Roseville. This was originally scheduled for 2009 but plans have been moved back to 2010. Office Equipment is budgeted slightly over last year to save monies for a new copy machine, printers, and computers as needed. The 2009 budget included $10,000 for office equipment and technology. It is not anticipated that we will spend this much but an effort has been made to budget an amount that over time will build up monies for the larger purchases without having the fluctuations from year to year for these expenses. \\Metro-inet\ardenhills\Admin\Council\Agendas & Packet Information\2009\07-20-09 Worksession\Packet Information\CIP Preliminary Plan 20l0.doc CIP Discussion 7/17/2009 Page 2 Staff will take Council direction on this plan and further incorporate this into the 2010 budget and will bring back the revised plan with revenue, fund, and expenditure estimates with the 2010 operating budget in August. CONCLUSION Staff would like Council comments and direction on the draft 2010 - 2014 CIP as part of the 2010 budget process.