Memorandum

City of Lawrence

City Manager’s Office

TO:	David L. Corliss, City Manager
CC:	Diane Stoddard, Assistant City Manager Brandon McGuire, Assistant to the City Manager
FROM:	Casey Toomay, Assistant City Manager
DATE:	July 31, 2014
RE:	2015-2019 Capital Improvement Plan (CIP)

Please place the item below on the agenda for consideration by the City Commission.

Consider adoption of the 2015-2019 Capital Improvement Plan

Background

The Capital Improvement Plan (CIP) is a planning tool to assist in the provision of city services. The CIP provides a method by which the community may look beyond year-to-year budgeting to determine what, when, where and how future improvements to city infrastructure may be made. Additionally, the CIP assists the City in taking advantage of alternative financing methods for these larger infrastructural projects, including federal and state assistance.

The CIP is a list of major public improvement projects. It attempts to look ahead to determine the needs for public improvements, and then schedule them within the capabilities of the City’s financial resources.

As part of the budgeting process each year, the City Commission considers which projects to fund in that particular year.  The CIP project list is flexible, and is subject to annual appropriation.

The 2015-2019 CIP

The attached multi-year plan forecasts the major capital improvement projects for 2015 through 2019.  It also includes a list of projects that have been identified as needed but for which funding has not yet been identified.