PresentationPreliminary Five-Year Capital
Improvement Program
Town Council Meeting, Item 13
March 21, 2023
Agenda
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4
Existing Projects
Revenue Sources
Five Year Project
Approach
Finance Commission
Recommendations
Revenue Sources
Funding History by Program
Annual Ongoing Projects
Project No.Funding Program Project Type1 Project
831-4605 Parks and Trails 1,3,4 Parks Playground Fibar Project
832-4507 Parks and Trails 3 Forbes Mill Footbridge Improvements
821-2002 Public Facilities 3,5 Town Beautification
812-0134 Streets 1,2,3 Measure B Education & Encouragement
813-0221 Streets 1,2,3,5 Sidewalk Improvements -Multiple Locations
813-0231 Streets 1,2,3 Bicycle and Pedestrian Improvements
816-0414 Streets 3,4 Stormwater System -Pollution Prevention Compliance
816-0420 Streets 1,3,4,5 Annual Storm Drain Improvement Project
811-9901 Streets 1,2,3,5 Street Repair & Resurfacing
811-9902 Streets 1,2,3,5 Annual Street Restriping
811-9903 Streets 1,2,3,5 Pavement Rehabilitation
812-9910 Streets 1,2,3 Traffic Calming Projects
813-9921 Streets 1,3,4 Curb, Gutter, Sidewalk Maintenance
815-9930 Streets 1,2,3,5 Retaining Wall + Guardrails Repairs
Project Type: (1) Safety; (2) Traffic / Transportation; (3) Quality of Life; (4) Regulatory or Legal Mandate; (5)
Effective Management of Existing Assets; (6) Improvement
Current One-Time Projects
54 Total Projects (Attachment 4)
•16 Are Complete for will be Complete by 6/30/2023
•12 are in Bidding, Construction or Implementation
Phase
•10 are in Various Stages of Design
•9 are in Preliminary Planning, Permitting or Consultant
Selection
•7 are on Hold or Planned for Future Years
Capital Budget Staff Approach
2023/24 –2027/28
Add Three Annual Ongoing Projects
Roadside Vegetation Management (Currently One-
Time)
Open Space Vegetation Management (Currently One-
Time
Americans with Disability Act (ADA) Compliance
Shore Up Funding for Existing One-Time Projects
Consider Parks and Trails
Provide for Unanticipated Repairs
Finance Commission
Recommendations
1.Staff Should Provide More Frequent Updates on Capital Projects with
Details on Schedule and Budget Tracking.
2.Council Should Set a Maximum Expenditure Limit for Large Projects.
3.Council Should Support the Three Additional Ongoing Annual Projects.
4.Projects Should be Fully Funded for Their Current Phase over the Five-
Year Plan.
5.Council Should Direct Staff to Develop More Realistic Estimates for the
General Fund Transfers to the Capital Program
QUESTIONS?