TO: Members of the City Council
FROM: Mayor Angela Birney
DEPARTMENT DIRECTOR CONTACT(S):
Finance Kelley Cochran 425-556-2748
DEPARTMENT STAFF:
Finance Haritha Narra Deputy Finance Director Finance Hailey Zurcher Financial Planning Manager
TITLE:
title
Public Hearing on Proposed 2027-2032 Capital Investment Program (CIP)
OVERVIEW STATEMENT:
recommendation
This is the first of four public hearings related to the 2027-2028 biennial budget. The purpose of this public hearing is to gather feedback on the proposed 2027-2032 Capital Investment Program (CIP), the first two years of which will be incorporated into the 2027-2028 biennial budget that is currently being developed.
body
? Additional Background Information/Description of Proposal Attached
REQUESTED ACTION:
? Receive Information ? Provide Direction ? Approve
REQUEST RATIONALE:
Relevant Plans/Policies:
N/A
Required:
The City is required to hold at least three public hearings during the budget development process: 1) property taxes and other revenue sources; 2) preliminary budget, and 3) final budget. Because the Capital Investment Program is a critical component of the budget development process, a fourth public hearing is dedicated to this program.
Council Request:
N/A
Other Key Facts:
N/A
OUTCOMES:
Community feedback shared during the public hearing will be added to the public comment matrix being compiled during the 2027-2028 budget development process.
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:
Strategic and Responsive
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 Mee...
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