CIP 2027-2031 (Final) - Flipbook - Page 12
PROPOSED 5 YEAR CIP - 1ST READING
JULY 16, 2026
Capital Improvement Plan
Introduction:
Development of the Five-Year Capital Improvement Plan (CIP) is an annual process that allows
the City to evaluate projects based on ever-changing conditions and shifting priorities.
The Five-Year CIP provides a guide to identifying all the capital project needs of the City for
the next five years. This document is the product of departmental submittals forecasting the
infrastructure requirements for that period.
The plan includes major capital projects, acquisitions and equipment over $25,000 with a useful
life of five years or more. When a project meets this threshold, repair and maintenance spent
using operating accounts may also be included in the CIP.
The CIP Process:
Department Directors provide updated information on projects submitted last year for the CIP.
They then re-evaluate those projects based on current economic conditions, requirements of
the Comprehensive Plan, requirements to adhere to the City’s Strategic Plan, the need to expand
City service levels, and the need to meet renewal and replacement demands on existing
infrastructure. Department heads submitted their CIP projects and prioritized those projects
based on the following criteria:
1. Risk
a) Eliminates a current or future safety concern
b)
c)
d)
e)
Addresses a hazardous condition
Replaces or updates equipment or facilities that are not efficient or functionally serving
their intended purpose
Meets pending compliance requirements from other agencies
Maintains City assets at a level adequate to protect assets and minimize future
maintenance and replacement costs
2. Return on investment
a) Highly visible projects
b) The project’s benefit outweighs the cost of the project within a short period
c) Has the potential to generate economic development
3. Level of Service Maintenance - Projects needed to maintain the desired service levels
4. Improved Level of Service - Projects that provide a new service or improve the current
level of service based on increased demand.
The following list includes the following major projects in the five-year CIP:
•
•
•
•
•
•
•
EFD Station #3
Debt Service 2016 Bonds - Sewer
Street Resurfacing
EPD Vehicle Replacements
Water Ground Storage Tank
Sewer Debt Service SRF
Building Improvements
3,000,000
2,758,400
2,390,000
1,800,000
1,700,000
1,668,925
1,619,000
Over 1 Yr
Over 5 Yrs
Over 5 Yrs
Over 5 Yrs
Over 1 Yr
Over 5 Yrs
Over 5 Yrs
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