ITEM 15 ATTACHMENT 2 CIP - Laserfiche WebLink

Historically, the General Fund contribution has been used for a full range of Facilities, Parks Miscella- neous and Street projects, and the CIP will continue this practice. Some of the projects that will be fund- ed through the General Fund contributions include West Las Positas Boulevard Multimodal Reconstruc- tion, Library Fire Alarm Replacement, and Non -Functional Turf Replacement. An internal assessment estimated $900 million in CIP and Repair & Replacement needs over the next decade, prior to the implementation of the Asset Management Program, to maintain infrastructure and other assets in a "state of good repair". The Asset Management Plan is scheduled to be completed by year-end 2025 and will provide a complete asset list with high-level condition assessment and a prior- itized implementation plan linked to a long-term funding strategy. Staff may provide additional rec- ommendations to adjust the FY 2026-2030 Capital Improvement Program during the two-year budget cycle, based on the results of the Asset Management Plan. Refer to Appendix A for a listing of unfunded projects. SUMMARY OF CIP EXPENDITURES The CIP includes a total of 40 capital projects recommended for funding during the five years of this CIP and reappropriating funding for 18 reserve projects in FY 2026/27. The Proposed Capital Budget for the next two years includes approximately $54.0 million and $32.0 million in expenditures for capital and reserve projects in FY 2025/26 and FY 2026/27, respectively, for a total of $86.0 million. Total five- year anticipated expenditures for capital projects in the CIP are estimated at $221.7 million. It should be noted that Other Expenditures of approximately $2.5 million in the first two years, and $6.5 million over a five-year period, consist of interfund transfers for operating costs and payments of approximately $2.2 million for the California State Water Resources Control Board State Revolving Fund Loan. Combined, the overall expenditure included in the CIP is $228.2 million over a five-year period, including $62.4 million in anticipated debt for sewer and water enterprise projects to help meet regulatory compliance and system health. A summary of the major funded projects is below: Transportation and Streets • $35.6 million for the West Las Positas Boulevard Multimodal Reconstruction: $17.0 million for the five- year CIP and an estimated $18.6 million in current funding for the pavement reconstruction project. Phase 1 will be between Willow Road to Stoneridge Drive, reconstructing or replacing portions of the roadway and sidewalk, including pedestrian, bicycle, and transit improvements. $22.7 million for Annual Street Resurfacing & Reconstruction: the first year's funding is being ap- plied toward West Las Positas Boulevard Multimodal Reconstruction. In recent years, funding for this project has generally ranged between $3.0 million and $4.0 million. The addition of the Pleasanton Garbage Service vehicle impact fee with proposed annual funding of approximately $6.0 million over the five-year period will allow the City to improve the maintenance for local roads and streets. The actual streets to be resurfaced will be determined following an update to the City's pavement management system. Notwithstanding this funding, staff anticipates that additional street mainte- nance funding will be needed in the future to meet ongoing street maintenance needs to maintain the current pavement condition index. $11.3 million over a five-year period for various street related maintenance and improvement proj- ects, including Annual Slurry Sealing of Various Streets ($6.0 million), Annual Curb & Gutter & ADA Ramp ($3.6 million), Annual Sidewalk & ADA Ramp ($0.8 million) for installation of curb and gutter and ADA curb ramps, Annual Safety Improvements at Various Locations ($0.6 million), and Annual Traffic Buttons & Line Markers Installation ($0.3 million). These funded amounts are consistent with funding in recent years. 14 City of Pleasanton Capital Improvement Program • FY 2025/26 - FY 2029/30