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IV. SUMMARY OF MAJOR CIP EXPENDITURES <br /> <br />The CIP includes a total of 51 projects recommended for funding in 2005-06 and 2006-07 and a total of <br />55 projects for ail years. As listed previously, total expenditures for the first two years are estimated at <br />$30,044,000. Total expenditures for all four years of the CIP is estimated at $51,819,415. The financial <br />tables at the end of this Section include all program expenditures by project and by year. The detailed <br />financial tables in Section I of the Appendix include ail projects by year and by funding source. As noted <br />earlier, the financial tables portion of Section I also includes a new table detailing project status/type <br />including New Projects, Projects in PreconstructionfPlanning Phase, Projects in Predesign/Early <br />Planning Phase, Maintenance projects and debt service. As can be expected, as the City matures, the <br />need for maintenance projects increase. However, due to the opportunity to develop the Bemal Property, <br />a considerable effort will be directed to new development as well. The chart below outlines a <br />breakdown of projects by types. <br /> <br />SUMMARY OF CIP PROJECTS BY TYPE <br /> <br />$20,000,000 <br />$18,000,000 <br />$16,000,000 <br />$14,000,000 <br />$12,000,000 <br />$10,000,000 <br />$8,000,000 <br />$6,000,000 <br />$4,000,000 <br />$2,000,000 <br />$0 <br /> <br />Comparison of Expenditures by Type <br /> <br />New Projects Projects in Project Projects Maintenance Debt Service <br /> Planning Phase Reserves Submitted for Projects <br /> Additional <br /> Funds <br /> <br />Projects Submitted for Additional Funding <br /> <br />Similar to previous CIP's, this program includes a number of projects funded previously that have been <br />reintroduced in this CIP for additional project funding resulting from changes in the project's scope <br />and/or inflationary costs. While these cost fluctuations could be addressed at the time the City Council <br />awards a contract to proceed with project development, in an attempt to have the CIP be as accurate as <br />possible, these projects are being reintroduced. Additional funding amounts are based on current <br />estimates and are subject to changes following project bidding. For identification purposes, these <br /> <br />XV <br /> <br /> <br />