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File #: DC-3088    Version: 1
Type: Regular Information Status: Presented
File created: 2/1/2024 In control: Physical Development Committee of the Whole
On agenda: 6/11/2024 Final action: 6/11/2024
Enactment date: Resolution #:
Title: Discussion On Summary Of Preliminary 2025 Capital Improvement Program Costs And Funding Sources
Sponsors: Physical Development Administration
Indexes: Yes
Code sections: 20 mins/ 10 mins - /Total: 30 mins
Attachments: 1. 2025 CIP Funding Sources, 2. 2025 Preliminary CIP Resource Matrix

DEPARTMENT: Physical Development Administration

FILE TYPE: Regular Information

 

TITLE

title

Discussion On Summary Of Preliminary 2025 Capital Improvement Program Costs And Funding Sources

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PURPOSE/ACTION REQUESTED

Discuss the preliminary 2025 Draft Capital Improvement Program (CIP) costs and funding sources.

 

SUMMARY

As part of the annual budget process, the County prepares a five-year CIP. The CIP identifies capital projects to support existing and future needs.

 

Staff presented to the Physical Development Committee in March-May to receive feedback and answer questions on projected 2025 projects, others identified by local partners, prior year carryovers, and the legislative process.

 

Staff is seeking additional input from the County Board on the list of projects and project delivery. To facilitate the discussion, staff will:

 

                     Provide a summary of the results of the County’s 2024 Bonding Requests and 2024 grant applications;

                     Discuss current and new 2025 CIP funding sources and limitations (Attachment: 2025 Funding Sources); and

                     Present a revised list of potential 2025 CIP projects list with an assessment of which projects can be delivered with existing staff (Attachment: 2025 Preliminary CIP Resource Matrix).

 

RECOMMENDATION

recommendation

Information only; no action requested.

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EXPLANATION OF FISCAL/FTE IMPACTS

None.

 

  None              Current budget              Other        

  Amendment Requested                           New FTE(s) requested

 

RESOLUTION

body

Information only; no action requested.

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PREVIOUS BOARD ACTION

None.

 

ATTACHMENTS

Attachment: 2025 Funding Resources

Attachment: 2025 Preliminary CIP Resource Matrix

 

BOARD GOALS

   A Great Place to Live                                          A Healthy Environment     

   A Successful Place for Business and Jobs         Excellence in Public Service

 

CONTACT

Department Head: Georg Fischer

Author: Alex Jermeland