Approve the Capital Improvement Plan for fiscal years 2023-2027. (No general fund impact) (Pinedo/Van Hoosear)

Approve the Capital Improvement Plan for fiscal years 2023-2027.

The County Capital Improvement Plan (CIP) is updated each year as projects and funding necessitate. The County utilizes a rolling five year CIP, which includes potential capital projects that could be recommended for implementation. Any new projects greater than $200,000 are included in the CIP budget, and anything under this amount will be included in the General Services Department budget. Approval of this plan does not constitute approval of specific projects within the plan; individual projects still require project approval from the Board. The 2023-2027 CIP is included as Attachment A.

The CIP includes modifications to facilities, infrastructure projects, maintenance, and information systems. In addition, these plans are tracked through e-Builder, a construction management software program. New projects added to the 2023-2027 CIP include a new shade structure for the Tuli Mem Park Central Gathering Area; the Knights Landing Flood Management Project; the Huff's Corner Levee Raise and Channel Reconfiguration; the North Davis Meadows (NDM) Water Consolidation Project; and two well projects for the Wild Wings County Service Area that will improve water availability and quality. 

The CIP Finance Plan is created for a three-year fixed period called the CIP Financing Period. This facilitates maintaining each block of financing separate and distinct, in addition to following the time constraints typically associated with certain types of financing, such as bonds, which require 85% be spent within three years of the debt transaction. At the end of the three-year financing period a new CIP Finance Plan will be developed in coordination with Board approval.

Committee on Capital Investments; Capital Improvement Committee; County Departments