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<br />May 10. 2011
<br />
<br />Background:
<br />. The City Manager presented the Proposed Capital Improvement Program (CIP)
<br />for FY2012 - FY2016, and the funding for year one appropriating the necessary funds
<br />in the Capital Improvement Fund and the Public Utilities Capital Improvement Fund.
<br />
<br />Discussion:
<br />. Several budget discussions were held by City Council at public work sessions on
<br />April 5, April 12, April 19, and April 26 and a budget public hearing was held on April 12
<br />and another public hearing is scheduled for May 4, 2011 to receive public comments on
<br />the five-year CIP and Fleet Management Plan and on funding for year-one of the CIP.
<br />. For FY12, upon adoption by Council the funding is authorized by appropriation.
<br />. Years 2013-2016 of the CIP and Fleet Management Plan are approved but not
<br />appropriated years used for long-term planning purposes and are approved as planning
<br />years.
<br />. In an effort to further enhance transparency in budgeting, this year the City
<br />added its Fleet Management Plan to the CIP and as such funding for the first year of the
<br />plan is by appropriation and years two through five are approved for long-term financial
<br />planning purposes.
<br />
<br />Financial Impact:
<br />. The sums of $45,206,224 in the Capital Improvement Fund and $18,250,000 in
<br />the Public Utilities Capital Improvement Fund, are appropriated for expenditures in the
<br />following categories and amounts:
<br />
<br />o Capital Improvement Fund:
<br />· Drainage and street Improvements
<br />· Education
<br />· Industrial and Economic Development
<br />· Leisure Services
<br />· Parking Authority CIP
<br />· Municipal Facilities
<br />· Fleet Management Plan
<br />
<br />Total Capital Improvement Fund
<br />
<br />o Public Utilities Capital Improvement Fund
<br />· Sewer
<br />· Water
<br />
<br />Total Public Utilities Capital Improvement Fund
<br />
<br />$5,250,182
<br />$1,375,000
<br />$705,320
<br />$270,400
<br />$216,320
<br />$34,882,736
<br />$3,206,224
<br />
<br />$45,906,182
<br />
<br />$ 7,900,000
<br />$10,350,000
<br />
<br />$18,250,000
<br />
<br />Staff Recommends:
<br />. Adoption of the proposed ordinance. Vision Principles: Bold New Directions,
<br />Lifelong Learning Community, Thriving Neighborhood and a Sense of Community,
<br />Robust and Prospering Economy, World Class Maritime Center Pride of Past, Promise
<br />of Future.
<br />
<br />Next Steps Following Council Action:
<br />. The City Manager has ultimate responsibility and authority for implementation of
<br />the Capital Improvement Program and Fleet Management Plan. The Chief Financial
<br />Officer has day-to-day responsibility for ensuring funding for the CIP and City Garage
<br />funds are spent as appropriated by City Council
<br />
<br />Motion by Mr. Whitehurst, and seconded by Mr. Heretick, to adopt the following
<br />ordinance, and was adopted by the following vote:
<br />
<br />"ORDINANCE TO APPROPRIATE $45,906,182 IN THE FY 2011-12 CAPITAL
<br />IMPROVEMENT FUND AND $18,250,000 IN THE FY 2011-12 PUBLIC UTILITIES
<br />CAPITAL IMPROVEMENT FUND."
<br />
<br />Ayes: Cherry, Edmonds, Heretick, Moody, Randall, Whitehurst, Wright
<br />Nays: None
<br />
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