TO: Mayor and Commissioners
FROM: Missie Barletto, Public Works Department
THROUGH: Terrence R. Moore, ICMA-CM
DATE: September 3, 2024
Title
APPROVAL OF THE 2025 THROUGH 2029 CAPITAL IMPROVEMENT PROGRAM BUDGET
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Recommended Action:
Recommendation
Motion to approve the 2025 through 2029 Capital Improvement Program Budget.
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Background:
The Capital Improvement Program (CIP) is essential to planning, prioritizing, and coordinating capital improvement projects within the City of Delray Beach (City). The CIP is a five-year plan for the City's major projects and expenditures. CIP projects must have a monetary value of at least $25,000, and a life cycle of at least five years. The project results in the creation of a fixed asset, or the revitalization of an existing asset.
CIP projects may include:
· Construction of new facilities or additions to existing facilities
· Remodeling/repair of the interior/exterior of any facility
· New infrastructure including roads, bridges, sidewalks, neighborhood improvements, street lighting systems, information technology systems, water distribution systems, storm drainage systems, or sewer systems
· Repairs to existing infrastructure
· Capital equipment purchases
Projects within the CIP are funded by the following sources: Special Projects Fund, Recreational Impact Fee, Gas Tax, Building Fund, Beach Restoration Fund, General Construction Fund, Infrastructure Surtax, Water & Sewer Fund, Water Treatment Plant Fund, Municipal Golf Course Fund, Lakeview Golf Course Fund, Stormwater Utility Fund, Cemetery Fund, and Garage Fund. Recreation and Public Safety General Obligation Bonds were added as approved via the municipal election on March 16, 2023. Additionally, the City is the recipient of several grants that support CIP projects as well as legislative appropriation funds. The Community Redevelopment Agency (CRA) also funds several large-scale projects in the CIP.
Examples of the 70 projects proposed for the CIP fo...
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