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File #: CM 21-078   
Type: Committee Memo Status: Approved for Study Session
File created: 3/5/2021 In control: Committee of the Whole - Planning and Public Works
On agenda: 3/9/2021 Final action:
Title: Initial Report on CIP Proviso
Attachments: 1. Agenda Memo
TO: Committee of the Whole - Planning and Public Works
FROM: Mayor Angela Birney
DEPARTMENT DIRECTOR CONTACT(S):
Finance
Kelley Cochran
425-556-2748
Public Works
Dave Juarez
425-556-2733

DEPARTMENT STAFF:
Public Works
Jon Spangler
Construction Division Manager


TITLE:
title
Initial Report on CIP Proviso

OVERVIEW STATEMENT:
recommendation
Per the CIP Proviso that was approved with the 2021-2022 budget, an initial report is required as follows:

Initial Report to be provided to Council on or before March 31st, 2021 will provide a summary description of the progress through March 1st, 2021, and includes the status, evaluations and expected recommendations from work completed in 2020, of changes and anticipated improvements to the CIP budgeting and monitoring process. This report will also include an outline and schedule of how changes and associated improvements to the CIP process will be implemented in the form of a budget revision prior to December 31st, 2021. Council shall determine acceptance by motion during a regularly scheduled council business meeting within two scheduled business meetings after receipt.

Presentation and report will provide a high-level overview of data gathered to date. Elements include financial and capital delivery definitions, project and program planning standards, overview of current risk analysis process, discussion of the capital investment strategy and equity issues. Finance will provide an update on discussions with the state auditor's office. Staff will request clarification on specific Proviso elements and on the potential for project adjustments while the proviso process is progressing.
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:
CIP Proviso from 2021-2022 budget
* Other Key Facts:
N/A

OUTCOMES:
Update the Council on prog...

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