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CITY OF RAMSEY CAPITAL IMPROVEMENT/CAPITAL OUTLAY PLAN 1994 1998 Enclosed is the Ramsey Capital Improvements/Capital Outlay Plan (CIP) for the years 1994 - 1998. It has been prepared in an attempt to anticipate major capital expenditures in advance of the year in which they are budget requests. Further, several projects may interrelate or require other improvements prior to initiation which would cause delays without prior planning. Additionally, projects may require budgeting over several years or receipt of funds from other sources (i.e. grants) requiring planning completion prior to the funding year. Finally, the plan enables a snapshot of the identified capital needs of the community allowing for continual prioritization of these needs. Approval of the CIP by Council does not authorize spending or initiation of a given project. It does, however, provide a guide for the community for a whole array of private and public decision making impacted by public capital expenditures, therefore, the CIP should receive ratification only if the Council perceives actions contemplated within the plan as reasonable and planned within justified me frames. The C~ is not intended to provide for precise budgeting. Capital costs are projected as estimates. Upon each update of the plan, deletions, additions, delays or other revisions may occur reflecting changing community needs. The enclosed plan is divided into two parts. First are the capital improvements which are improvements to land (streets, parks, utilities and buildings). This plan shows $11,186,675 in improvements with revenues projected from nine funding sources. Improvements from the General Fund ($3,335,000) are those requiring referendum or similar other authority resulting in listed projects being less than certain. The other funding sources (except for intergovernmental revenue - grant funds) have an increased stability over the general fund projects. The Capital Outlay plan is limited to rolling stock (cars, tracks, heavy equipment). The existing stock is shown with a value of $1,551,000. Projected replacements or new acquisitions are shown in 1993 dollars at $1,267,000 between the years 1993 and 2000. Most of the expenditures (64.6%) are within Public Works with 17.8% planned for squad replacement and 14.8% for fire apparatus. The rotation for squads is shown at two each year with administrative vehicles and light trucks on a ten-year replacement schedule. Two-ton trucks are on a thirteen-year schedule with heavy equipment and fu'e apparatus at twenty and twenty-five years, respectively.