03-16-2004 CC RPT 17 - Laserfiche WebLink

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People Serving People City of Riverside City Council Memorandum HONORABLE MAYOR ANDCITYCOUNCIL DATE: March 16, 2004 ITEM NO: ].7 SUBJECT: Preliminary Capital Improvement Program Review for Fiscal Years 2003/04 to 2008/09 - Municipal Buildings and Facilities, Airport, and Public Utilities Work Session BACKGROUND: The Capital Improvement Program is a plan to construct the capital improvements necessary for providing the services and facilities expected by the residents and businesses of the City of Riverisde. Capital improvement programming links short and long-range general plans with growth, development, and the annual budgetary process. In this way, the CIP attempts to achieve the goals and objectives of the citizens, boards and commissions, and the City Council. At this work session and the next work session scheduled for March 16, staff will bring before Council individual departmental CIPs for review and conceptual approval. All projects conceptually approved for FY 2004/05 will then be incorporated into the proposed FY 2004/05 budget document. It is important to note that the CIP is solely a planning document, and does not appropriate any funds. Appropriations are made for these projects when the City Council approves the annual budget for the City. Today's presentations feature the capital improvement projects proposed in Municipal Buildings and Facilities, Airport, and Public Utilities. MUNICIPAL BUILDINGS AND FACILITIES Municipal Buildings and Facilities incorporates the CIPs for General Services, Police, Fire, Library and Museum. General Services acts as the primary coordinator for this section, ensuring that projects are integrated, strengthening interdepartmental collaboration and cooperation, and providing a "big picture" perspective on the long and short-term capital needs in the General and Central Service Fund areas. The six-year Municipal Buildings and Facilities Capital Improvement Program is divided into two parts: 1) Municipal Buildings and Facilities, and 2) Energy Retrofit. The Municipal Buildings and Facilities portion totals $34.6 million. The Energy Retrofit portion totals $6.0 million, which represents the debt service financing for a ten-year loan, with total payback being derived from energy savings. The FY 2004/05 CIP includes $12.4 million for Municipal Buildings and Facilities, and $1.0 million for Energy Retrofit debt service. 17-1