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Rlease review prior to ~e Executive Managers' meeting on l I <br /> - `tformation • Discussion Decision <br /> Kurt Corey <br /> <br /> PW <br /> City of Eugene <br /> P.O. Box 11110 <br /> 1VlEMORANDUM Eugene, Oregon 97440 <br /> (541)682-8417 <br /> (541) 682-5802 FAX <br /> www.ci.eugene.or.us <br /> Date: September 17, 2002 <br /> To; Executive Managers <br /> From: Patty Boyle, Finance, extension 8417 <br /> Subject: Pre Draft CIP <br /> Executive Managers are scheduled to discuss the attached Draft Capital Improvement Program (CIP) at <br /> the September 19'~ Exec's meeting. The Capital Improvement Program (CIP) forecasts the City's capital <br /> needs over asix-year period based on various City-adopted long-range plans, goals and policies. The CIP <br /> - 'is updated every two years. <br /> The goals of the CII' are to: <br /> • Provide a balanced program for capital improvements given anticipated funding revenues over a <br /> six-year planning period; <br /> • Illustrate unmet capital needs based on anticipated funding levels; and <br /> • Provide atwo-year plan for capital improvements which can be used in preparing the Capital <br /> Budget for the coming two fiscal years. <br /> The CIP update is on schedule for completion inmid-February, Staff expect to continue to add, delete <br /> and modify projects until mid October and plan to publicly release the document on November 1, 2002. <br /> In addition to public input provided by way of the many planning and policy source documents to the <br /> CIP, there will be a public open house on November 19, 2002 to gather addifional feedback on the <br /> specific projects being proposed. Subsequent review by the Planning Commission, Budget Committee <br /> and ultimately the City Council will occur in the late fall of 2002 and through early 2003. <br /> The first draft includes all proposed projects to date and associated costs but does not include graphics or <br /> maps. Below are a few items that maybe important discussion/informational items for the meeting. <br /> • Transportation projects that are expected to be funded with the proposed TSMF and/or the proposed <br /> gas tax are identified as `funded' projects associated with the Transportation Utility Fund. These <br /> projects have not been included in the list of unfunded capital needs. The funding status of these <br /> projects may change based on council direction and the status of that effort in future months. <br /> • There has been some discussion of using the residual fund balance from assessment bonds to increase <br /> funding available for delayed assessments in the transportation section of the CIP. Again, as the <br /> conversation develops, funding for these projects may be modified. <br /> • A few specific projects are also worth noting. The Millrace has not been identified as a proposed <br /> project in the CIP as there has been no clear plan for the project developed to date. Also, the new <br /> Downtown Fire Station and the Live Fire Training Building are not included in the list of proposed <br /> projects in the CIP as they were approved during a supplemental budget process in FY03. <br /> Please feel free to contact me with any questions or concerns.. <br /> Page l of i <br /> . <br /> . _ 1 <br /> <br />