TO: Members of the City Council
FROM: Mayor Angela Birney
DEPARTMENT DIRECTOR CONTACT(S):
Finance
Chip Corder
425-556-2189
DEPARTMENT STAFF:
Finance
Kelley Cochran
Deputy Finance Director
TITLE:
title
2023-2028 Capital Investment Program (CIP) Review: General Government/Facilities, Parks, and Transportation
OVERVIEW STATEMENT:
recommendation
The agenda for the 2023-2028 CIP review is as follows:
* Capital Investment Strategy (CIS) process overview
* Revenue forecast
* Expenditure summary by functional area
* Project review (selected projects will be highlighted)
o General Government/Facilities
* Existing projects
* Revised projects
* New projects
o Parks
* Existing projects
* Revised projects
* New projects
o Transportation
* Existing projects
* Revised projects
* New projects
Note that the 2023-2028 CIP is organized first by functional area and then by existing, revised, and new projects:
* Existing projects are included in the currently adopted 2021-2026 CIP, with the 2023-2028 CIP encompassing only inflationary cost adjustments, minor scope changes, and/or minor timing changes.
* Revised projects are included in the currently adopted 2021-2026 CIP, with the 2023-2028 CIP encompassing significant cost, scope, and/or timing changes.
* New projects are not included in the currently adopted 2021-2026 CIP. They are reflected in the 2023-2028 CIP for the first time.
A summary level handout will be distributed to the Council on June 10, 2022. It will be organized by functional area and will include the following information for each project: project name, rank, description, location, timeframe, and costs by year.
Also, a PowerPoint presentation is being prepared for the June 14, 2022 study session.
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 F...
Click here for full text