ATTACHMENT 4 - 15-YEAR CIP COMPARISON
15-Year CIP Comparison
Fifteen Year
Period
FY 23/24 - 37/38
Fifteen Year
Period
FY 24/25 - 38/39
Increase
(Decrease) Notes
Asset Category
Streets/pathways 24,305,000 24,605,000 300,000 1.2% 1 Bridges 850,000 750,000 (100,000) -11.8% 2 Traffic System 8,925,000 8,825,000 (100,000) -1.1% 3 Lagoon Structures 21,500,000 20,500,000 (1,000,000) -4.7% 4 Parks (including Park Equipment) 39,289,600 47,779,350 8,489,750 21.6% 5 Buildings (including Building
Equipment) 3,856,000 4,938,054 1,082,054 28.1% 6 98,725,600 107,397,404 8,671,804 8.8% Detailed Analysis:
Note 1 (Streets)
Fifteen Year Period
FY 23/24 - 37/38
Fifteen
Year Period
FY 24/25 -
38/39
Increase
(Decrease)
Updated Based on Projected Pricing 300,000
STREET REHABILITATION 1,500,000 1,800,000 Note 2 (Bridges)
Updated Based on Projected Pricing (100,000)
(CIP 301-715) SUBSTRUCTURE AND SUPERSTRUCTURE BRIDGE IMPROVEMENTS 850,000 750,000 Note 3 (Traffic System Improvements)
Partial funding appropriated in 2023-2024 (100,000)
(CIP 301-698) TRAFFIC SIGNAL SYSTEM UPGRADES 8,925,000 8,825,000 Updated Project Cost Based on Projected Pricing
LAGOON DREDGING 8,800,000 8,000,000
-
Note 5 (Parks)
Additional Funding Required/Project Added: 8,489,750
RECREATION CENTER REBUILD (2017-2018) - 9,559,750 CITY HALL EXTERIOR REHABILITATION (FY 2024-2025) - 200,000 Projects removed
LIGHT INSTALLATION AT BOOTHBAY PARK 250,000 - EAST HILLSDALE AND FOSTER CITY BOULEVARDS MEDIAN REFURBISHMENT 500,000 - INSTALL NEW AMPHITHEATER SHADE STRUCTURE 1,000,000 - Updated Project Cost Based on Projected Pricing
(CIP 301-712) EDGEWATER PARK SOFTBALL AND SOCCER SYNTHETIC RESURFACING 900,000 350,000 SEA CLOUD MAINTENANCE SHED 2,300,000 2,000,000
CATAMARAN AND SEA CLOUD S3 SYTHETIC RESURFACING 1,248,000 1,800,000 PORT ROYAL SYNTHETIC RESURFACING 647,000 925,000
SEA CLOUD PARK S1, S2, B1 SYNTHETIC RESURFACING 800,000 1,300,000 Note 6 (Buildings)
No Additional Funding Required/Projects Removed: 1,082,054 POLICE STATION KITCHEN REMODEL 130,000 - Additional Funding Required/Projects Added:
(CIP 301-700) FUEL SYSTEMS IMPROVEMENTS - 922,054 (CIP 301-708) RENOVATE ELEVATORS IN CITY BUILDINGS - 200,000 REPLACE POLICE STATION HVAC - 90,000 8,671,804