REPORT TO CITY COUNCIL
To:Honorable Mayor and Members of the City Council
From:Jason Simpson, City Manager
Prepared by:Shannon Buckley, Assistant City Manager
Date:June 25, 2024
Subject:Capital Improvement Plan (CIP) Budget for Fiscal Years 2024-25 to 2028- 29 Recommendation
Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ADOPTING THE CAPITAL IMPROVEMENT PLAN FOR FISCAL YEARS 2024-25 THROUGH 2028-29.
Background
By direction of the City Council (Council), City staff updates and maintains a Five-Year CIP in conjunction with the annual budget cycle. Included in the CIP are construction projects, facility improvements, and purchases. Utilizing input from Council, staff and the public, provided various projects were developed and proposed in this Cycle of the CIP. Following the Planning Commission, staff will schedule the public hearing for June 25, 2024, to bring the FY2024-25 to FY2028-29 CIP.
CIP Projects have been classified into two types of projects, Construction and Non-Construction CIP, and four categories: Circulation, Facilities, Infrastructure, and Parks. The Construction CIP are projects concerning major infrastructure or specific improvement projects. The Non- Construction CIP are major purchases by the City or recurring street improvements, studies, plans, or equipment (i.e., annual slurry seal, traffic lights, etc.).
CIP Budget FY 2024-25 to 2028-29
Discussion
This CIP budget document was developed by incorporating input from the Council and key management team members, based on community comments and feedback received throughout the year. This team then, through several internal workshops, identified and evaluated community needs in the areas of roads/streets, bridges, public buildings, parks and recreation facilities projects. Each proposed project was reviewed and discussed to ensure funding, timing, and necessity were appropriately addressed. All projects were evaluated by to ensure consistency with the City of Lake Elsinore General Plan, while considering the City’s long-term vision as developed by the Council. Again, the Planning Commission adopted a Resolution finding the CIP plan consistent with the City’s General Plan at its June 4, 2024 Planning Commission Meeting. The Measure Z Committee reviewed the CIP Plan and City Operating Budget at its June 12, 2024 meeting.
Projects in this document have been scheduled in each of the five fiscal years based on community needs, as determined by the Council and availability of funding. Additionally, since many projects in the CIP are conceptual in nature, the general outline for cost estimates provided in last year’s CIP document was revised and utilized as shown on the Parameters for CIP Budget Cost page. The Preliminary FY2024-25 to FY2028-29 Capital Improvement Plan identifies 74 projects consisting of 37 Circulation Projects totaling $445,063,547 ($57,444,800 for FY2024-25); 10 Facilities Projects totaling $131,562,714; 9 Infrastructure Projects totaling $17,127,332; and 18 Park Projects totaling $115,065,581. The total cost to complete all of the proposed projects is $708,819,174 of which $91,602,230 programmed for FY 2024-25. These projects have been identified as necessary infrastructure for the City, and will require that funding sources be identified before the projects can commence. Inclusion of those with funding still needed in the document assists staff with seeking grants and negotiating improvements with potential 3rd parties. Other key elements to the CIP are:
Projects completed during the last year include:
•Auto Center Drive Pavement Rehab
•Canyon Hills Sports Fields
•Paving at Eleanor, Cowell and Bushman
•Downtown Sidewalk Improvements
•Emergency Operations Center
•Installation of shade structures at City Parks
•Levee Fitness Trail
•Main Street Interchange
•Serenity Park Fitness Trail
Ongoing Projects include:
•Avenues Master Plan Storm Drain
•City Park Improvements
•City Library
•Downtown Main Street Parking & Landscape Improvements
CIP Budget FY 2024-25 to 2028-29
•Highway Safety Improvements – Cycle 9
•Highway Safety Improvements – Cycle 11
•Lakeshore Sidewalk Improvements
•Main Street Pedestrian Safety and IT Infrastructure Improvements •Murrieta Creek Regional Trail Connection
•Temescal Canyon Road Bridge
•Terra Cotta Road Street Improvements
New Projects include:
•Fire Station (Mission Trail)
•Lake Community Center Kitchen
•Railroad Canyon Road Safety Improvements
•Soccer Complex
Fiscal Impact
The CIP Budget for FY2024-25 to 2028-29 includes improvements throughout the City. Total CIP cost is $91,602,230 for FY2024-25. Funding sources include, but are not limited to, development fees from TIF and Area Drainage; grants including CDBG, Measure-A, Measure Z and Gas Tax; and assessment districts for specific project areas.
Attachments
Attachment 1 - Resolution Adopting CIP
Exhibit A – CIP Budget FY 2024-25 through FY 2028-29
Administrative Services