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City of Roseville — 2009 Budget Executive Summary - CIP Enclosed is the 2009 -2018 Capital Improvement Plan (CIP) as prepared in accordance with the goals and strategies identified in the Imagine Roseville 2025 initiative and in consideration of the goals and objectives identified by the City Council earlier this year. The CIP also incorporates the valued contributions made by the City's advisory commissions, and other citizen groups. Finally, the CIP also addresses a number of federal and state mandates that require capital outlays. The CIP should not be construed as a request for funding; rather it is designed to serve as a planning tool that can be used to make informed budgeting decisions. Only after further discussion and Council approval will these items be considered funded. However, the inclusion of these items into the CIP signals general support for a particular service delivery model(s). Over the next 10 years, the City expects to expend approximately $95 million to replace existing vehicles, equipment, and infrastructure and has earmarked approximately $5 million to allow for the purchase of new assets that would enhance the City's programs and services. This assumes that the City will have available funding and that all existing assets will be replaced at the end of their useful lives. It is conceivable that some of these items will not be replaced. By contrast, over the 10 previous years, the City expended only $30 million to replace its capital assets; a reflection of both the general need and available funding during this time. On average, the City expects to expend approximately $10 million per year on capital assets over the next 10 years. The largest asset category is system improvements, which represents 66% of the total amount. The largest asset by City function is parks and recreation, which represents 27% of the total amount, followed closely by streets and pathways. The following charts depict the City's 10 -year capital needs. 16 ,° 12 • P* � 8 4 Citywide 2009 - 2018 Capital Expenditures by Year . ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 00* '09 '10 '11 '12 '13 '14 '15 '16 '17 '18 Year 79