Agenda Packet (7) - Laserfiche WebLink

FY 2025/26 Capital Improvement Program Planning Commission 2 of 11 Given the City’s budget constraints, a more in-depth screening and prioritization process was used to identify the most important and high-priority projects through a Capital Improvement Program Prioritization Process (CIPPP) approved by the City Council. As part of the CIPPP (see the December 17, 2024, staff report), all City departments were asked to submit "high priority" projects for inclusion in the upcoming CIP. Each project in the CIP is tied to costs and funding, with individual projects receiving funding from various sources, including the City’s general fund. In total, 27 general-fund-supported projects were submitted, totaling $53.4 million. Because the allocation of general funds is a critical question in the upcoming two -year budget, the City Council was requested to review and provide early input on the list of general-funded CIP projects. On April 10, the City Council approved moving forward with nine critical projects, totaling $16.6 million of general fund allocations. Additionally, annual core projects and enterprise projects, funded through restricted funds (i.e., funds such as grants, enterprise funds that are limited or restricted in the types of projects that may be funded), were included in the draft CIP (see Exhibit B). The Fiscal Year 2025/26 capital budget, which the Commission is now reviewing, has a total revenue of $84.9 million. This includes $63.6 million in prior-year fund balances and reserves, with $46.6 million coming from restricted funds. A total of $54 million in expenditures is planned for 22 projects, including the nine general fund -supported projects ($16.6 million). The draft CIP is organized by project category and includes the following sections: • Transportation & Streets • Parks • Miscellaneous • Water • Sewer • Storm • Facilities. Each project has a description sheet that provides an overview, justification, cost estimates, and funding details. Project identification numbers are also included, where the first two digits correspond to the fiscal year when the project was first funded, and the remaining digits represent the City’s internal project number. General Plan Conformance The 2005 General Plan reflects the City’s comprehensive plan guiding conservation and development in Pleasanton. Numerous related plans derive from the land use and policy direction established in the General Plan, including but not limited to: 1) Climate Action Plan CAP 2.0 (2023) 2) Housing Element Update (2023) 3) Recycled Water Feasibility Study (2013) 4) Urban Water Management Plan (2020)