City Council

Agenda Request

Agenda Of:

03-23-10

Agenda Request No:

iii-c

Initiated By:

Jennifer Brown

Responsible Department:

Engineering

Presented By:

Christopher Steubing

City Engineer

Department Head:

Christopher Steubing, P.E.

City Engineer

 

Jennifer Brown

Budget & Research Director

Additional Department. Head (s):

Jennifer Brown

Budget & Research Director

Subject / Proceeding:

Capital Projects Workshop

Exhibits:

N/A

Clearances

Approval

Legal:

N/A

Executive Director:

n/a

Purchasing:

n/a

Asst. City Manager:

Karen Daly

 

Karen Glynn

Budget:

n/a

City Manager:

Allen Bogard/for AB

Budget

Expenditure Required:  $

n/a

Amount Budgeted/Reallocation:  $

n/a

Additional Appropriation:  $

n/a

Recommended Action

Review and discuss the City’s Capital Improvement Program.

Executive Summary

 

During the February 23rd City Council budget workshop, it was proposed that a review of current budgeted projects be conducted and projects identified that could be postponed or deferred in response to our current economic realities.  At the Council retreat, council members were given the opportunity to rate 30 currently budgeted capital projects by their top priority.  The results of that exercise have assisted staff in identifying the top priority projects for FY10 and FY11.

 

During this workshop staff will share the following information and request input from the Council:

·        Results of the project ranking exercise and how the information was utilized

·        Anticipated debt capacity utilizing conservative assumptions for FY11 ad valorem growth

·        Projects that can be funded within this capacity

·        Projects that are proposed to be deferred

 

Other than Fire Station #7, none of the recommended projects will have a significant impact on the operating budget; projects that are funded from other sources (SLDC and SL4B) will receive additional analysis as City staff continues to evaluate the corporations’ capacity and impact of these projects on the operating budget.

 

As we develop the FY11 Capital Improvement Program, additional discussions will be held with City Council over the next few months.

 

Exhibits