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City of Roseville — 2006 Budget Capital Improvement Plan The following tables summarize the 2006 -2010 Capital Improvement Plan (CIP). Capital expenditures includes the replacement of vehicles and other rolling stock, equipment, building repairs, and infrastructure improvements that have an initial value of at least $500 and a useful life of at least 2 years. Capital items are crucial to the City's ability to deliver programs and services. Providing police and fire protection, maintaining streets and parks, and providing water and sewer services all require substantial capital investments. These capital investments include police squad cars, fire trucks, recreational facilities, and water and sewer infrastructure which provide a benefit to the entire community. Capital investments in City streets allow citizens to reach their work, shopping, and entertainment destinations in a safe and effective manner. The planned capital expenditures for the current year (2006) have been incorporated into the Budget. The remaining years are provided as estimates for planning purposes only. Only after incorporation within successive budgets or as approved separately by the City Council will these items be considered funded. Beyond 2006, purchases or projects are included in the CIP if they are expected to occur and for which cost estimates can be reasonably obtained. Under current budgetary restraints, the annual budget could not absorb all of the purchases noted in the CIP. Each individual purchase or project will be evaluated at a subsequent date, at which time it will be determined if it is financially feasible. Many of the items contained in the CIP will require on -going operational costs and in some cases produce operational savings. However, given the speculative nature of latter -year purchases, the exact costs cannot be expertly quantified beyond next year. The additional net operating costs resulting from 2006 CIP items, is approximately $50,000. Beyond 2006, the operating budget impacts are expected to remain relatively unchanged, as the overwhelming majority of all capital replacements are funded through pre - established sinking funds, which are currently at prescribed levels. The City does not anticipate any non - routine capital expenditures, in other words, the City expects that all purchases will be made on a regular purchasing schedule for each item's respective life cycle. VAI