Parks and Public Landscaping Advisory Board Agenda and Packet 2020 02 06

Home Browse Search

Memorandum To: Parks and Public Landscaping Advisory Board (PPLAB) From: Dean Johnson, Parks Superintendent Date: 1/22/20 Subject: Discussion and Prioritization on Capital Improvement Requests Purpose: The purpose of this agenda item is to gain feedback from PPLAB on suggested capital improvement projects to occur in 2021 and 2022, and up to year 2026 for future planning. Background: What is a Capital Improvement Project? A Capital Improvement Program (CIP) is a planning process that identifies the capital investments a local government intends to make over a period of time. Capital, for a local government, constitutes the facilities and materials needed to perform the jurisdiction’s functions and to produce and deliver the services expected of it. Generally speaking, capital improvements are assets that are unique, fixed in place (relatively), permanent or which have long useful lives, and are (relatively) expensive. The City’s capitalization threshold is $5,000. While a CIP does not cover routine maintenance, it does include renovation, major repair, or reconstruction of damaged or deteriorated facilities. While capital improvements do not usually include furniture and equipment, capital project may include the furniture and equipment clearly associated with newly constructed or renovated facility or furniture and equipment that is significant in cost. The City of Louisville’s CIP includes expenditures for buildings, land, parks, water and sewer plants, acquisition of water rights, sidewalks, streets and curbs, storm drains, major equipment and other commodities which are of significant value and have a useful life of several years. The planning period for the City’s CIP is six years. The expenditures proposed for the first year of the program are incorporated into the Annual Budget. From: 2019-2020 Biennial Operating and Capital Budget, p.275 http://www.louisvilleco.gov/residents/finance-and-utility-billing-209 CIPs to Consider Listed below are suggested capital improvements/projects (in no particular order) that are worth consideration for funding to occur in the next six years. Staff is requesting input on these suggested CIPs and is open to additional suggestions as well. 1. Multi-Purpose Field 2. Improvements at Community Dog Park to Include Small Dog Area 3. Park Division Equipment, Replacement and New 5