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CITY OF RAM$1U.'f ' CAPITAL IMPROVEMENT/CAPITAL OUTLAY PLAN 1994 1998 Enclosed is the kamsev Capital lrnprovements/Capi~ Outlay Plan (CIP) for thc ,,,ears 19~4 1998. it has t~en prepared in an attempt to anticipate major capitaJ expen&tures in advance of the yea,' in which the5' are budget requests. Further, several pro.mots may interrelate or require other improvements prior to initiation which would cause dela;'s without prior planning. Adciiuonally, prqiects ma5' require budgeting: over sever~ ,,,ears or receipt of funds from other sources (i.e. grants) requinng planning completion prior to the funding year. Finally, the vian enables a snapshot of the it4enrified capir, al needs of the commumD' allowing for con'rinual vr'ionfi, z. arion 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 an'a)' of private and public dm::ision making impacted by pubh¢ capital expenditures, therefore, the CIP should receive ratification only if the Council perceives actions contemplated within the plan as reasonable and planne. A with.in justified time frames. The C~ is not intende..A to provide for precise budgeting. Capital costs are projected as estimates. Upon each update of the plan, deletions, additions, t4ela.,,,s or other revisions may occur refi~'tg changing commum~ nee. As. The enclosed plan is divided into two parts. First are the capita] 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 J:und ($2,335,000) are those requiring referendum or similar other authon5, resulting in listed Frojems 'rmng less than cm-r~ir~. Tne other funding sources (except for intergovernmental revenue - gram funds) have an increased srabiliB' over the general fund pro)ecu. The Capital Outlay plan is limited to roiling stosk (cars, trucks, heaw equipment). The existing stock is shown with a value of 5;1,551,000. Projected replacements or new acquisitions ~ storm in !993 dollars at 5;1,262,000 between the years 1993 and 2000. Most of the expenditures (6d.6%) are within Public Works with 17.}% planned for squad replacement and t,4.g% for fi.re apparatus. The rotation for sq. uad~ is shown at two each yea,- with ariminisl:rafive vehicles a.nd light trucks on a ten-year reoiaccment schexiu, le. Two-ton macks are on a thirteen-ye&" schexiuie with hca',7 eq.m'pment'and fire apparatus at tweno' and rwenry'-five ye2.rs, respe,.'-fiveiy. ,ag