TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Justin Clifton, City Manager
PREPARED BY: Javier Carcamo, Finance Director
SUBJECT:
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Capital Improvement Plan Project Prioritization and Available Financial Resources
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ABSTRACT
This report presents to City Council an updated Capital Improvement Plan (CIP) prioritization and updated financial analysis, including newly identified potential sources of revenue to fund capital projects. Staff is seeking direction from City Council on the accuracy and completeness of the draft Tier 1 list of priority projects, any further context on specific projects and feedback on potential funding sources. Staff has revised the analysis of potential funding sources to include potential bond financing, use of unassigned fund balance, use of reserve balances in excess of reasonable needs, and potential external sources such as grants and federal/ state appropriations.
RECOMMENDATION
recommendation
Provide feedback and direction on the completeness and accuracy of the City Council Tier 1 CIP Project Priorities and add, remove, and provide additional project context as necessary; and
Provide feedback and direction on the available financial resources for CIP projects.
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PRIOR ACTION/VOTE
On February 26, 2026, a workshop was held to provide a status update and discussion on City Council Priorities.
On June 23, 2026, a budget workshop was held to discuss and provide direction on the FY 2026/27 Capital Improvement Plan Project.
On August 18, 2026, staff delivered a report providing a status update on the implementation of City Council priorities.
STRATEGIC ALIGNMENT
This item aligns with the City Council goal to maintain a high performing organization that values fiscal sustainability, transparency, accountability and organizational efficiency relating to priority Tier 1 projects.
DISCUSSION
Capital Improvement Plan Project Prioritization
On February 26, 2026, the City Council held a workshop ...
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