Title
Adopt a Resolution approving the County of Monterey Capital Improvement Program Five Year Plan FY 2018-19 through FY 2022-23.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors adopt a Resolution approving the County of Monterey Capital Improvement Program Five Year Plan FY 2018-19 through FY 2022-23.
SUMMARY/ DISCUSSION:
The Capital Improvement Program Five Year Plan FY 2018-19 through FY 2022-23 (CIP) is a five-year plan of the public projects necessary to maintain and improve the County's (public) facilities and the orderly implementation of the County General Plan. Public facilities include buildings, major equipment, telecommunication infrastructure, parks, and transportation systems. Projects listed in the CIP are over $100,000 and provide long-term assets to the community. Budgeted costs include design, environmental, construction, equipment, land purchases, and project administration of new, improved or replacement infrastructure. The costs identified in the first year of the CIP are appropriated as a part of the operating and capital budget process. The projects and costs identified in years two through five of the CIP are intended to illustrate priorities and the magnitude of funding needed.
Each year, the CIP is updated and reviewed in light of the County's needs, priorities, and available funding. A long-term CIP provides a number of benefits:
It focuses attention on community goals, needs and capabilities for the best use of public funds, and establishes a long-term plan for future needs.
It prioritizes needs and establishes an orderly basis for sound budget decisions.
It improves the County's chances of obtaining State and Federal financing assistance.
It encourages coordination of projects among County staff and other public agencies and reduces scheduling problems. In addition, it permits private enterprise to relate their projects to the CIP.
RMA worked with County departments to identify capital needs, re...
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