Agenda - Parks and Recreation Commission - 07/12/1993

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CITY OF R. AM. SEY CAPITAL IMPROVEMENT/CAPITAL OUTLAY PLAN 199~ 1998 Enalos~ is thc karnsex' Capita] lmprovements/Capiud Outlay Plan (CIP) for the yea.rs 19~.~ 199E. ii has veen prepared in an attempt to anumpatt ma)or capita] expenchtures in advance of thc year in wi~ich they arc budget requests. ]~urthcr, scrota] pro.iccts may interrelate or rc, qmrc other ~mprovcmems prior to ~niUation which would cause delays without prior planning. Addinonally, prqiects rrm)' reaurrc budgeting over s~vcra] ),cars or receipt of funtis from other sources (i.e. grants) requmng planning completion prior to the funding ),car. FmMty, thc pian cnabies ~ snnpshot of thc identified capitol nee. ds of thc eommumn.' allo~"mg for =onnnual prioririz2non of th:s: nee_~. Approval of thc CIP by Council does not authorize spending or initiation of a given project. h goes, however, provide a guide for the community for a whole array of private and public decision rrmk'mg 'mpamed by public capital expenditures, therefore, the CIP should receive ratificaUon only if the Council perceives a:uons contemplated within the plan as reasonable and planned within justified nme frames. "Fnc CIP is not intended to provid: for precise budgeting, Capital costs am proeztcd as csnmates. Upon each up.re of thc plm,., detenons, additions, delays or other revisions ma), occur reflecting changing ¢ommunit3, needs, The enclosed plan is dJxdd~ mm two parts. First are the capital improvements which m improvements to land (streets, parks, utilities and buildings). This plan shows $1!,186,675 in improvements with revenues projected from nine funding sources, lm~rovemcms from the Gert:raj ~und (g3..~5.000) are those requiring referenrium or sirn~iar other authonn, resulting m listed .m-ojc,.m.s being less than cerr~iu. Thc oth~ funding sources (except for mtergovernm:nml revenue - ~--,mt funds) have an in~emsc, d stability over the general fund projects. The Capital Outlay plan is limimd m roliing stor. k (:m-s, ~ct~, heaw' eqmpm:.nt). The existing stock is shown with u value of ~1,551,000. PTO,ie:ted replaeemenrs or new acrnuisitions ~ shown in !993 dollars at $1.267,000 i:~twecn me years 1993 and 2000. Most of th: exmendimres (64.6%) arc within ~.tbii: Works with i7.~% planned for souad replacement and 14.8% for fn'c app. mmm~. The rotation for souads is sho~m at two each y¢~ with ~riminismmJve vehicles and light trucks on a r. gn-vem- r~rflaeement szhe. dule. Twc>-ron rmzks are on a thirr~n-ye.m- with heaD, c, qmpm:m and f:trt apparatus at rwenn' and twenty-five ye.m-s,