TO: Members of the City Council
FROM: Mayor Angela Birney
DEPARTMENT DIRECTOR CONTACT(S):
|
Finance |
Kelley Cochran |
425-556-2748 |
|
Public Works |
Aaron Bert |
426-556-2786 |
|
Planning and Community Development |
Carol Helland |
425-556-2107 |
|
Parks |
Loreen Hamilton |
425-556-2336 |
DEPARTMENT STAFF:
|
Finance |
Haritha Narra |
Financial Planning Manager |
|
Public Works |
Vangie Garcia |
Deputy Director |
|
Public Works |
Tess Wilkinson |
Planner-Principal |
TITLE:
title
2025-2030 Capital Investment Program (CIP) Review
OVERVIEW STATEMENT:
recommendation
As part of the 2025-2026 budget process, Council will be provided with a presentation regarding the City’s 2025-2030 Capital Investment Program (CIP).
The agenda for the 2025-2030 CIP review is as follows:
• 2025-2030 Capital Investment Program Forecast
• 2025-2030 Capital Investment Program and Project Review
o General Government/Facilities
o Parks
o Transportation
o Utilities
§ Water
§ Wastewater
§ Stormwater
body
☒ Additional Background Information/Description of Proposal Attached
REQUESTED ACTION:
☐ Receive Information ☒ Provide Direction ☐ Approve
REQUEST RATIONALE:
• Relevant Plans/Policies:
N/A
• Required:
N/A
• Council Request:
N/A
• Other Key Facts:
The City develops a six-year CIP as part of the biennial budget process, with the first two years appropriated by the City Council.
OUTCOMES:
The six-year capital investment program provides a longer-term look at Redmond’s capital project needs and financial commitments for major maintenance programs and debt service, enabling the City to better align its capital activities with the Community Strategic Plan and the Comprehensive Plan and to develop funding strategies for major capital investments.
COMMUNITY/STAKEHOLDER OUTREACH AND INVOLVEMENT:
• Timeline (previous or planned):
N/A
• Outreach Methods and Results:
N/A
• Feedback Summary:
N/A
BUDGET IMPACT:
Total Cost:
N/A
Approved in current biennial budget: ☐ Yes ☐ No ☒ N/A
Budget Offer Number:
N/A
Budget Priority:
N/A
Other budget impacts or additional costs: ☐ Yes ☐ No ☒ N/A
If yes, explain:
N/A
Funding source(s):
N/A
Budget/Funding Constraints:
N/A
☐ Additional budget details attached
COUNCIL REVIEW:
Previous Contact(s)
|
Date |
Meeting |
Requested Action |
|
2/13/2024 |
Committee of the Whole - Finance, Administration, and Communications |
Provide Direction |
|
2/27/2024 |
Study Session |
Provide Direction |
|
3/19/2024 |
Committee of the Whole - Public Safety and Human Services |
Provide Direction |
|
4/9/2024 |
Committee of the Whole - Finance, Administration, and Communications |
Provide Direction |
|
4/23/2024 |
Study Session |
Provide Direction |
|
5/28/2024 |
Committee of the Whole - Parks and Environmental Sustainability |
Provide Direction |
|
6/11/2024 |
Committee of the Whole - Finance, Administration, and Communications |
Provide Direction |
|
6/25/2024 |
Study Session |
Receive Information |
Proposed Upcoming Contact(s)
|
Date |
Meeting |
Requested Action |
|
8/13/2024 |
Committee of the Whole - Finance, Administration, and Communications |
Provide Direction |
Time Constraints:
N/A
ANTICIPATED RESULT IF NOT APPROVED:
N/A
ATTACHMENTS:
Attachment A: CIP Presentation
Attachment B: CIP Information Handout
Attachment C: CIP Map - General Government/Facilities
Attachment D: CIP Map - Parks
Attachment E: CIP Map - Transportation
Attachment F: CIP Map - Utilities