Page 21 - NRH FY20 Approved Capital Budget

INTRODUCTION

CAPITAL IMPROVEMENT PROGRAM OVERVIEW

The Capital Improvement Program (CIP) represents the City’s multi-year plan that forecasts spending
for all anticipated infrastructure and major equipment needs. The plan addresses repair and
replacement of existing infrastructure, as well as the development or acquisition of new facilities,
property, improvements, and capital equipment to accommodate future growth. CIP projects identified
in the multi-year plan are for needs that align with the City’s strategic goals and objectives, future
community growth and development, and service needs.

The CIP Budget is adopted in early September after the culmination of a thorough review process
beginning in January and lasting through August. During the review process the CIP Budget is
reviewed by the Budget Office, Department Directors, City Management and City Council to ensure
proposed projects meet the goals and objectives of the City.

The CIP Budget includes the following major categories for capital projects:

 Street & Sidewalks  Facilities
 Drainage  Major Capital Equipment
 Utility  Economic Development
 Parks & Recreation  CIP Personnel
 Aquatic Park  Other

1994 Bond Election Program

In 1994, a sixteen-member Citizen Advisory Committee was appointed by the City Council to review
the City’s capital improvement needs for the following five to seven years. The Committee spent
several months reviewing and assessing various capital improvement needs. The Committee
examined nearly $40,000,000 in needed projects and recommended $23,540,000 for voter
consideration in a bond election package. Street and drainage improvements were an integral part of
the authorized proposal. Street projects were prioritized according to which projects would provide
the most positive impact on traffic flow and congestion in the City. Drainage projects were ranked
according to which project would protect the most property from flooding and erosion. All public
safety projects recommended by City staff were included in the bond election. The projects were
divided into three propositions according to the type of project for the bond election. The election was
held on September 27, 1994. All three propositions passed by a 2 to 1 margin. The propositions are
outlined as follows (in thousands of dollars):

Amount Amount Issued 2020 Authorized
Authorized Through 2019 Issue Un-issued
Streets $20,000 $19,575 $0 $425
Drainage 1,865 1,865 0 0
Public Safety 1,675 1,675 0 0
Totals: $23,540 $23,115 $0 $425

*Note: Figures reported in $1,000 (thousands).

21