TITLE:
title
PROPOSED CAPITAL IMPROVEMENT PROGRAM (CIP) BUDGET FOR FISCAL YEAR 2023-24 AND THE FIVE-YEAR CIP BUDGET THROUGH FISCAL YEAR 2027-28
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DEPARTMENT: PUBLIC WORKS DEPARTMENT
PRESENTED BY: SEUNG YANG, P.E., CITY ENGINEER
CONTACT INFORMATION: SEUNG YANG, P.E., CITY ENGINEER, (714) 754-5335
RECOMMENDATION:
recommendation
Provide recommendations to the City Council on the following documents:
1. The proposed Fiscal Year (FY) 2023-24 Capital Improvement Program (CIP) Budget as it relates to Parks, Parkways and Medians (Attachment 1); and
2. The proposed Five-Year Capital Improvement Program (CIP) through FY 2027-28 as it pertains to Parks, Parkways and Medians (Attachment 2).
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BACKGROUND:
Each year, the City Council reviews and adopts an annual Capital Improvement Program (CIP) to allocate funds for needed public improvements. The City Council also approves a longer term outlook in the Five-Year CIP in order to anticipate future funding needs, maintain eligibility for grant funding, and identify future priority needs. The Five-Year CIP runs through FY 2027-28.
Staff requests that the Parks and Community Services (PACS) Commission review the proposed CIP for consistency with the City's Streetscape and Median Development Standards and the Open Space Master Plan of Parks and Recreation. The Commission, through a public hearing, will make recommendations to the City Council for its consideration in finalizing the CIP budget. The Planning Commission is scheduled to review the FY 2023-24 and the Five-Year CIP and approve the resolution of conformity with the City's General Plan at its meeting on May 22, 2023.
ANALYSIS:
The CIP budget for Fiscal Year 2023-24 starts on July 1, 2023, and was developed based on input from various departments, community needs identified over the past year, as well as consideration of City Council priorities. The Fiscal Year 2023-24 proposed CIP budget is approximately $31 million. "Parks" category represents the hig...
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