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I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br />iI <br /> <br />,1 <br /> <br />CAPITAL IMPROVEMENTS PROGRAM (CIP) <br /> <br />In May or June each year, the Parks Commission begins to develop a budget request <br />for capital improvements for the following year. This budget is based on public input <br />and the five year CIP. At the same time, the five year CIP is extended one additional <br />year. <br /> <br />The CIP serves as a guide for determining funding and project needs. It does not, <br />however, commit the City to allocate funds or undertake projects listed in the CIP. <br /> <br />The following budget summary outlines a comparison of parks budget expenditures <br />to the City's overall budget. <br /> <br />PARKS BUDGET <br /> <br /> Total <br /> Cap. Imp. Parks <br />Parks Capital Parks as % as % <br />Improvement Operating Total of City of City <br /> Budqet Budget City Budget Budqet Budqet <br /> <br />1987 $17,583 $84,395 $1,452,497 1.2% 7.0% <br />1988 $8,885 $105,073 $2,040,499 4.4% 5.6% <br />1989 $110,500, $92,863* $2,578,538 4.3% 7.9% <br />1990 $89,700* $155,308, $2,481,457 3.6% 9.9% <br /> <br />*Approved budgets. <br /> <br />Park trust fund balance @ end of year at less than ~ 100,000 (est. 12/30/90). <br /> <br />NOTES' <br /> <br />1987 and 1988 - additional funds were provided for the park center and <br />warming house through Lion's contribution of 850,000 and from the landfill <br />trust fund. <br /> <br />1990 - an additional $90,000 was provided for development of two <br />additional softball fields, a soccer field and irrigation of the new fields. <br /> <br /> <br />