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City of Roseville — 2014 Budget Capital Improvement Plan — Executive Summary Enclosed is the 2014 -2033 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 particular service level standards. Over the next 20 years, the City expects to expend approximately $203 million to replace existing vehicles, equipment, and infrastructure that will allow the City to maintain or enhance its 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. On average, the City expects to expend approximately $10.1 million per year on capital assets over the next 20 years. The largest asset category is system improvements, which represents 73% of the total amount. The largest asset by City function is water and sewer, which represents 34% of the total amount, followed by streets and pathways. The following charts depict the City's 20 -year capital needs. 2014 -2033 Total Capital Expenditures: By Type $160 - $140 $120 - 0 $100 - $80 $60 - $40 - $20 - $- Buildings Vehicles Equipment Furn/Fixtures Improvements &/