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SUBJECT: 2018 RECOMMENDED BUDGET AND 2018-2021 LONG-TERM PLAN <br />DATE: SEPTEMBER 26, 2017 PAGE 9 OF 24 <br />Four additional projects have been added to the recommended capital budget for 2018. <br />Project Description <br />2018 <br />Project <br />Budget Funding Source <br />Furniture & Fixtures - Planning <br />Library Building Improvements <br />Museum Campus Building Improvements <br />Downtown Patios <br />19..000 Capital Projects Fund <br />110.000 Capital Projects Fund <br />59 350 Capital Projects Fund <br />100 000 Capital Projects Fund <br />288,350 <br />Recommendations for Funding Recreation Center Project Shortfall <br />As previously stated, the Recommended 2018 Operating & Capital Budget does not <br />include any final recommendations to address the funding shortfall for the Recreation <br />Center/Memory Square Improvement Project. <br />City Council approved the foundation package for the Recreation/Senior Center <br />expansion at its September, 5, 2017 City Council meeting. At the time, staff provided <br />options for funding the current $3 million shortfall over the $28.6 million approved by the <br />voters to construct the new facilities. Staff is providing the following recommendations <br />to include in the Final 2018 Operating & Capital Budget and seeks Council discussion <br />and feedback: <br />1) Provide additional value engineering reductions <br />2) Remove Wayfinding in CIP for 2017 <br />3) Remove Wayfinding — McCaslin & Centennial Valley in <br />CIP for 2017 <br />4) Remove Median Renovations in CIP for 2018 <br />5) Remove Kaylix Avenue Extension North in CIP for 2018 <br />6) Remove Kaylix Avenue Extension South in CIP for 2018 <br />7) Remove Playground Replacement in Lottery Fund for 2018 <br />8) Remove Improvements at Community Park Dog Park in <br />Lottery Fund for 2018 <br />9) Remove Park Renovations in 2018 in Lottery Fund <br />10)Remove New Trails in OS&P Fund for 2018 <br />11)Remove Vault Toilet in OS&P Fund form 2018 <br />$250,000 <br />$69,850 <br />$50,000 <br />$137,500 <br />$50,000 <br />$50,000 <br />$280,000 <br />$62,500 <br />$117,000 <br />$157,000 <br />$38,000 <br />$1,261,850 <br />City staff recommends removing the $1,261,850 in projects above from the 2018 CIP <br />and rescheduling/reprioritizing these projects as part of the 2018/19 budget process and <br />consideration of the 2019-2024 CIP next year. Savings from removing these projects <br />CITY COUNCIL COMMUNICATION <br />10 <br />