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City of Eugene, Oregon <br />Capital Budget <br />Budget Summary <br />The Capital Budget is guided by the Capital Improvement Program (CIP). The plan for this <br />capital program is updated every two years and is reviewed by citizens, the Planning <br />Commission, the Budget Committee, and the City Council. FY07 marks the second year of the <br />CIP. The budget for new capital projects in FY07 is $20.4 million, a decrease of $12.1 million <br />from FY06. Capital spending can change dramatically from year to year due to the size of <br />projects initiated and the resources available, especially those from Federal and State sources. <br />Capital projects are budgeted in their entirety in their first year, and unspent appropriation <br />balances are carried forward from year to year for those projects that require multiple years to <br />complete. <br />Capital Budget by Project Category <br />By project category, 51% of the FY07 Proposed Capital Budget is allocated for preservation and <br />maintenance, 21 % is allocated for new capital facilities, 16% is allocated for site and facility <br />improvements, and the remaining 12 % is for upgrades and capacity enhancements, and <br />restoration. <br />Capital Budget by Project Area <br />The spending plan by project area in FY07 is: <br />• $5.7 million in transportation projects including $3.8 million for street and alley <br />preservation. <br />• $4.9 million for projects at the Eugene Airport. <br />• $3:3 million for public buildings and facilities projects. <br />• $2.6 million for parks and open space projects. <br />• $2.2 million for wastewater system projects. <br />• $1.7 million for stormwater system projects. <br />The transportation project area represents 28% of the FY07 Proposed Capital Budget. The $3.8 <br />million in transportation funding sources directed toward the street and alley preservation budget <br />includes the 5-cent local motor vehicle fuel tax ($3.2 million) and the reimbursement component <br />of Transportation Systems Development charges ($0.6 million). <br /> <br />21 Capital Budget for <br /> New Projects <br />18 FY05 - FY07 <br />15 <br /> D airport <br />D 12 <br />=_ ®Parks & Open Space <br />~ 9 <br />t~ Public Buildings & <br />6 Facilities <br /> ®Stormwater <br />3 <br />^ Transportation <br />~ Wastewater <br />FY05 FY06 FY07 Proposed <br />26 <br />