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HomeMy WebLinkAboutFY 2017-18 CIP OverviewFiscal Year 2017/18 Capital Improvement Plan Budget Overview February 3, 2017 FY 2017/18 CIP Budget Overview •FY 2016/17 CIP Review •Update on Major Projects •Recommended Changes to Existing Projects •Unfunded Projects •Additional Funding Requests for Existing Projects •Nominated Projects •Prioritization Process FY 2016/17 CIP Budget Review •$15 Million for 56 Projects •Streets –$12 Million for 23 Projects •$6.9 million from Grants •$3.3 million from CIP Reserve •$1.7 million from Gasoline Tax •Parks and Trails –$1.5 Million for 14 Projects •$570 thousand from CIP Reserve •$477 thousand from Grants •$378 thousand from Park In-lieu Fees •$96 thousand from Tree Fines •Facilities -$592 Thousand for 7 Projects •$441 thousand from CIP Reserve •$151 thousand from Grants •Administrative and Technology -$965 Thousand for 12 Projects •$965 thousand from CIP Reserve FY 2016/17 CIP Funding by Source Projects to be Completed/Closed •ADA Signal Lights & Curb Cut-outs •Highway 9 Improvements •Village LED Streetlights •Village Sidewalk & Pedestrian Enhancements –Phase I and II •Quito Road/Paseo Olivos Curb & Gutter •Wildcat Creek Outfall Repair •Annual Park & Trails •Beverage Container Grant Program •Electronic Door Locking System •Facility Building Improvements •Community Development/Engineering Window Replacement •Community Center/Senior Center Electrical Panel Upgrade •SPC Furniture & Equipment •Library EV Fast-Charge Station •Trak-iT Software and LandTRAK Database Upgrade •City-wide Transportation Needs Assessment Update on Major Projects •Highway 9 Improvements –Phase IV •Prospect/Saratoga Median Improvements •Quito Road Bridges •Senior Center Restroom ADA Upgrades •Hakone Gardens Miscellaneous Improvements/Koi Pond Recommended Changes to Existing Projects •Beaumont Avenue Traffic Circle •Hakone Gardens Miscellaneous Improvements Unfunded Projects •Updated Cost Estimates •Senior Center Cool Roof Additional Funding Requests -$463,000 •$145,000 -El Camino Grande Storm Drain •$150,000 -Damon Lane Retaining Wall •$110,000 –Hakone Gardens Koi Pond Improvements •$27,000 –City-wide Tree Replanting Program •$26,000 -City-wide LLD Initiation Match Program •$5,000 -Village Façade Program Nominated Projects -$1,484,000 •Council Nominated •$250,000 –State Route 85/Saratoga Avenue Beautification •$150,000 –Village Clock •Staff Nominated •$320,000 -Hillside Retaining Wall Repair •$250,000 -Saratoga/Herriman Traffic Signal (TSC) •$200,000 -Parks, Trails, Grounds, and Medians (Annual Priority) •$120,000 –Village Fast Charge Electric Vehicle Stations •$100,000 –City Hall Courtyard Renovation •$50,000 –Bocce Ball Court •$44,000 –Village Crosswalk & Sidewalk Rehabilitation (Grant) Prioritization Process Available Funding Sources •Pavement Management Program -$1,391,700 •Gasoline Tax -$640,400 •Measure B -$400,000 •Vehicle Impact -$351,300 •Governor’s Transportation Package -$95,000 (Jan 11,2017) Available Funding Sources FY 2017/18 CIP Funding CIP - Reserve Park In-lieu Total Remaining Discretionary CIP Funding 1,500,000 117,000 Less: Annual CIP Priority Projects Annual Infrastructure Repairs (200,000) - Annual Roadway Safety & Traffic Calming (50,000) - Annual Risk Management (50,000) - Discretionary CIP Funding 1,200,000 117,000 Plus: Recommended Changes: - - Total:- - Less: Recommended Changes: - - Total:- - Remaining Discretionary CIP Funding 1,200,000 117,000 Less: Discretionary Funding Requests - - Total:- - Reduced Discretionary CIP Funding 1,200,000 117,000