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Executive Summary <br />The Capital Improvement Program <br />The City of Eugene's Capital Improvement Program (CIP) forecasts the City's capital needs over <br />a six-year period based on various long-range plans, goals and policies. The program is updated <br />every two years. The FY08-13 Capital Improvement Program for the Airport, Parks and Open <br />Space, Public Buildings and Facilities, Stormwater, Transportation and Wastewater totals <br />approximately $175 million in projects with funding secured or identified and $62.5 million in <br />projects with funding not identified. The Funding Overview section contains tables <br />summarizing all CIP projects in the plan. <br />a ~"~1 The goals of the CIP are to: <br />• Provide a balanced program for capital improvements given anticipated funding revenues <br />over asix-year planning period; <br />• Illustrate unmet capital needs based on anticipated funding levels; and <br />• Provide a plan for capital improvements which can be used in preparing the Capital <br />Budget for the coming two fiscal years. <br />`- Capital projects are generally large-scale endeavors in terms of cost, size and benefit to the <br />.' community. The underlying strategy of the CIP is to plan for land acquisition, construction, and <br />major preservation of public facilities necessary for the safe and efficient provision of services. <br />A critical element of a balanced CIP is the provision of funds to preserve or enhance existing <br />facilities and provide new assets that will aid response to service needs and community growth. <br />New to the FY08-13 CIP are a number of recommendations from the Budget Subcommittee on <br />the CIP. At the direction of the Budget Committee; the subcommittee met three times in 2005 <br />and developed a set of recommendations that have been incorporated into the FY08-13 CIP. The <br />subcommittee's objective was to make the CIP document more understandable to the public and <br />'` ~' to increase public involvement in the CIP review process. Details on the subcommittee's <br />recommendations are listed in the Reader's Guide section. <br />Projects with Secured or Identified <br />Funding <br />Projects with funding identified or <br />funding secured in this CIP total <br />approximately $175 million. Just over <br />$51 million of anticipated spending on <br />Parks and Open Space projects <br />represents the largest portion of the <br />CIP. Neighborhood and community <br />park acquisition and development <br />projects account for over $39 million <br />of the Parks and Open Space projects. <br />Storrrrnrater <br />$12.8 <br />Wastewater Parks & Open <br />$16.3 Space <br />~ ~~-.~~ $51.3 <br />~~ <br />Public Buildings ~'~ <br />and Facilities <br />$22.5 ~~ <br />Airport Transportation <br />$33.1 $38.9 <br />FY08-13 CIP Totals $174.9 Million for Projects with Secured or <br />Identified Funding. <br />$ Amounts (in millions) <br />City of Eugene 2008. - 2013 Capital Improvement Program <br /> <br />