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HomeMy WebLinkAboutPublic Hearing & Adoption of Parts of the Capital Improvements Program.pdf Commission Memorandum REPORT TO: Honorable Mayor and City Commission FROM: Anna Rosenberry, Finance Director Chris Kukulski, City Manager SUBJECT: Public Hearing & Adoption of Parts of the Capital Improvements Program (CIP) for Fiscal Years 2011-2015. · Water Fund – Page 198, CIP Book · Wastewater Fund – Page 216, CIP Book ** Reminder: Bring your FY2011-2015 Recommended CIP Book to the meeting.** MEETING DATE: May 3, 2010 AGENDA ITEM TYPE : Action Item RECOMMENDATION: Adopt the above listed parts of the Capital Improvements Program (CIP) for Fiscal Years 2011 – 2015, with any modifications, after public comment and Commission discussion. BACKGROUND: On December 14, 2009, the Commission received the City Manager’s proposed Capital Improvements Program (CIP) for Fiscal Years 2011-2015. At that time, the document was made available to staff and the public online at http://www.bozeman.net/finance/capital_improvements_plan.aspx. 176 We are presenting the CIP for adoption in its individual parts, over a number of public hearings this spring. Our Capital Improvements Program serves as an important guide for city staff, Commissioners, and citizens, and plans for over $98 Million to be invested in our City’s equipment and infrastructure in the next 5 years. It establishes a systematic, five-year view of resource allocation in hopes of preventing a reactive, unpredictable, or informal approach to funding capital needs. The CIP bases much of its project work on the City’s adopted facility plans for water, wastewater, transportation, parks & recreation, fire, and police services. Developing a Capital Improvements Plan is, first and foremost, a planning process - adopting a CIP does not provide budget appropriation authority. Items must be included in the final budget resolution before they are funded. Once the Commission adopts CIP schedules, the items listed in the FY2011 column will be included in the City Manager’s Recommended Budget to be presented in June. If, for a number of reasons, the City Manager’s Recommended Budget does not contain an approved FY2011 CIP item, the circumstances will be explained during the Recommended Budget presentation. Through our regular budget process, the Commission will then have the opportunity to take additional public comments, have further discussion, and make final appropriation for these capital items in the Final Budget adoption in late August. It is not until the final budget adoption that any CIP item is authorized for spending. Water Fund: The Water Fund is an enterprise that is entirely supported by user fees. It funds the costs of treatment and distribution of water throughout the city. The Water Fund has been systematically raising rates and accumulating money to pay for a new Water Treatment Plant (W-07, page 204.) The Plant is estimated to cost a total of $40.7 Million, with the Water Fund paying a total of $27.2 Million. We began design of the facility two years ago, and there remains an estimated $24.9 Million remaining to pay in fiscal years 2011-2013. We have not made substantial changes to the Water Fund project list since last year’s CIP was approved. Project W23 – Lyman Creek De-chlorination was added in FY11, and a couple of equipment purchases were moved back a year. 177 Wastewater Fund: The Wastewater Fund is an enterprise that is entirely supported by user fees. It pays the funds the collection and treatment of wastewater throughout the city. The fund has been systematically raising rates, and is in the middle of construction of the Water Reclamation Facility (WRF.) We estimated FY11 to be our final year of WRF related costs, although the project could see a small portion of those amounts fall in FY12. Changes to the schedule this year include the movement of WW07 – Bi-Annual Engineering Design amounts to offset with the years the projects are funded (ie. design one year, build the next,) and the removal of WW20 – Dump Truck in FY14. Unscheduled Items: Projects are listed as “unscheduled” for any number of reasons, the most common of which is lack of funding during the plan years. Projects that we know will be needed in the next few years after the plan (FY16-FY19) are sometimes included in the plan as “unscheduled” so that everyone can be aware they are on the horizon. Projects that are needed but are not ready for design or bid (often street expansions that do not have much of the required right-of-way) are also sometimes listed as “unscheduled”. Project Cost Estimates: All project and equipment costs are estimates that will not be finalized until the City accepts a qualified bid for that specific project or equipment. We have used the best information available to estimate these amounts, including knowledge of similar, recent projects or purchases. When available, we have used the most recent engineer’s estimate of costs. FISCAL EFFECTS: Approving this plan does not provide appropriation authority. The FY11 projects and equipment will be incorporated into the FY11 City Manager’s Recommended Budget, which requires final approval before these projects will be funded. The remaining CIP years (FY12-FY15) serve as a work plan to guide staff, and will be reviewed and revised in the coming fall for our annual update of the CIP at this time next year. 178 ALTERNATIVES: Changes can be made to the inclusion or timing of scheduled projects and the underlying revenue estimates; however, we do not customarily adopt CIP schedules that result in negative balances in the last (5th) year of the plan. Report compiled on: April 28, 2010 Attachments: none On File in the City Clerk’s Office: Capital Improvements Program for Fiscal Years 2011-2015 179