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City of Roseville — 2013 Budget <br />Capital Improvement Plan — Executive Summary <br />Enclosed is the 2012-2031 Capital Improvement Plan CIP as prepared in accordance with the goals <br />and strategies identified in the Imagine Roseville 2025 initiative and in consideration of the goals and <br />objectives identified by the City Council earlier this year. The CIP also incorporates the valued <br />contributions made by the City's advisory commissions, and other citizen groups. Finally, the CEP also <br />addresses a number of federal and state mandates that rewire capital outlays. <br />The CIP should not be construed as a request for funding; rather it is designed to serve as a planning tool <br />that can be used to make informed budgeting decisions. Only after further discussion and Council <br />approval will these sterns be considered funded. However, the inclusion of these items into the CIP <br />signals general support for a particular service level standards. <br />Over the next 20 years, the City expects to expend approximately $218 million to replace existing <br />vehicles, equipment, and infrastructure that will allow the City to maintain or enhance its programs and <br />services. This assumes that the City will have available funding and that all existing assets will be <br />replaced at the end of their useful lives. It is conceivable that some of these items will net be replaced. <br />By contrast, over the 20 previous years, the City expended only $76 million to replace its capital assets; <br />a reflection of both the general need and available fanding during this tune. <br />On average, the City expects to expend approximately $10.9 million per year on capital assets over the <br />next 20 years. The largest asset category is system improvements, which represents 76% of the total <br />amount. The largest asset by City function is pans and recreation, which represents % of the total <br />amount, followed closely by water and sever systems. <br />The following charts depict the City's 20-year capital needs. <br />2012 -2031 Capital Expenditures by Function <br />0 <br />$ <br />$40 <br />$2 <br />S-4 cos <br />&-p V � <br />GeV TXN <br />