Title
a. Receive the County of Monterey Capital Improvement Program Five Year Plan 2015-16 through 2019-20;
b. Support the recommendation of capital projects for FY 2015-16 in the amount of $969,000;
c. Support maintaining an estimated $266,000 in Fund 401 Fund Balance for unanticipated project costs;
d. Support incorporating any changes made into the FY 2015-16 Recommended Budget, if needed; and
e. Refer the Committee's recommendations to the Board of Supervisor's for their consideration and approval.
Report
RECOMMENDATION:
It is recommended that the Capital Improvement Committee:
a. Receive the County of Monterey Capital Improvement Program Five Year Plan 2015-16 through 2019-20;
b. Support the recommendation of capital projects for FY 2015-16 in the amount of $969,000;
c. Support maintaining an estimated $266,000 in Fund 401 Fund Balance for unanticipated project costs;
d. Support incorporating any changes made into the FY 2015-16 Recommended Budget, if needed; and
e. Refer the Committee's recommendations to the Board of Supervisor's for their consideration and approval.
SUMMARY/DISCUSSION:
The Capital Improvement Program (CIP) is a strategic planning tool, which focuses on County-owned infrastructure under the control of the Board of Supervisors and, as such, summarizes the County's overall capital projects needs and prioritizes the allocation of available capital funds.
The annual CIP is a five-year compilation of projects submitted by County departments which includes such projects as new facility construction, minor and major infrastructure maintenance, road and bridge construction and maintenance, major equipment purchase and installation, and software purchase and installation. The minimum value of a CIP project is $100,000. See Attachment 1 - County of Monterey Capital Improvement Program, Five-Year Plan FY 2015-16 through FY 2019-20.
The Draft CIP is presented to the Capital Improvement Committee (CIC) for priority determina...
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