1 4/8/2025
Presented By: Jaime Boscarino, Finance Director
April 8, 2025
Proposed FYs 2025-27 Capital
Improvement Program (CIP)
Budget Study Session
FYs 2025-2027 Budget Process
2 User Fees
Study Session
Capital
Improvement
Program (CIP)
Study Session
User Fees
Public Hearing
Operating
Budget
Study Session
Operating &
CIP Budget
Public Hearing &
Adoption
March 25, 2025 April 8, 2025 April 29, 2025 May 13, 2025 June 10, 2025 1 2
2 4/8/2025
• Strategic Five-Year Planning
document
• Funding based on available
Fund Balance/Net Position
• CIP Projects can be Multi-
Funded
• FYs 2025-2027:
~ $159.6M, 147 Total Projects
Background – CIP
Budget
3 CIP Budget Format for Study Session
SUMMARIES
• 5-Year Summary by Category
• 5-Year Summary by Fund
• Deferred Requirements Summary
4 CIP PROJECTS BY CATEGORY
CIP PROJECTS BY FUND
3 4
3 4/8/2025
5 Address Health & Safety, Legal, and Regulatory Requirements or a City Council Top PriorityPriority 1 Necessary, but not essential, and there could be consequences, if deferredPriority 2 Nice to do and would contribute to quality of life, but not essential Priority 3 CIP Priorities
6 City Council Top Priorities FY 2025-26
5 6
4 4/8/2025
Project Detail Sheets 7
CarryoverTotalFY 2026-27FY 2025-26CategoryNO.
$ 6,883,228 $ 33,815,000 $ 16,750,000 $ 17,065,000 Water1 4,367,314 28,833,775 15,986,000 12,847,775 Facility2
19,670,067 24,157,000 11,643,000 12,514,000 Wastewater 3 751,363 22,209,186 11,700,000 10,509,186 Streets 4
13,494,651 21,422,794 9,477,064 11,945,730 Transportation/Traffic5 2,351,089 12,814,752 5,410,000 7,404,752 Stormwater 6
2,190,000 10,020,000 4,840,000 5,180,000 Landscape/Streetscape7 -4,200,000 175,000 4,025,000 Undergrounding8
30,000 1,793,916 75,000 1,718,916 Open Space 9
-300,000 200,000 100,000 Library10
4,574,550 ---Housing11
$ 54,312,262 $ 159,566,423 $ 76,256,064 $ 83,310,359 Total Proposed FYs 2025-2027 CIP Budget
8 7
8 5
4/8/2025
10-Year CIP Budget History
9 80
90 100
110
120
130
140
150
160
$-
$25.0
$50.0
$75.0
$100.0
$125.0
$150.0
$175.0
# of Projects
Millions
Water
Facility
Wastewater
Streets
Transportation/Traffic
Stormwater
Landscape/Streetscape
Undergrounding
Open Space
Library
Housing
Total Projects
TotalFY 2026-27FY 2025-26CarryoverProject Title NO.
$ 13,250,000 $ 6,500,000 $ 6,750,000 $ -Pavement Overlay FY 2025-271 12,005,9667,000,000 4,500,000 505,966 Downtown Thousand Oaks Project2 8,478,2342,146,000 1,866,000 4,466,234 Lynn Road Class IV Bike Lane and Pedestrian Improvements3
6,726,800-3,935,000 2,791,800 Hill Canyon Treatment Plant Tertiary Filters Rehabilitation4
5,250,000-4,050,000 1,200,000 Transit Battery Energy Storage at MSC5
5,034,0004,834,000 200,000 -Power Backup Resiliency Center at the Transportation Center6
5,000,0002,500,000 2,500,000 -Purchase of Zero Emission Buses7 4,714,590--4,714,590 Unit W Improvements8
4,574,550--4,574,550 Housing Assistance Support9
4,400,0003,960,000 440,000 -Kanan Road Landscape
Improvements10
$ 69,434,140 $ 26,940,000 $ 24,241,000 $ 18,253,140 Total Top Ten CIP Projects by Budget 10
9 10
6 4/8/2025
FYs 2025-27 CIP Funding Sources - $159.6
11 $- $2 $4 $6 $8 $10 $12 $14 $16 $18 $20 $22 $24 $26 $28 $30 $32 Cable Television (PEG), 0%
Library, 0.13%
Solid Waste, 0.36%
Golf Course, 0.88%
Stormwater, 1.33%
Capital Projects/Developer Fees, 4.71%
State & Federal Grants, 6.10%
Lighting & Landscape, 7.34%
Transportation, 10.28%
Gas Tax, 11.88%
Wastewater, 17.36%
General Fund, 17.75%
Water, 21.88%
MILLIONS
FY 2025-26 FY 2026-27
Location Map of CIP Projects 12
11 12
7 4/8/2025
General Fund, $28.3M ($5.5M Carryover) 13
Facilities
$13,205,100
46.6%
Stormwater
$8,040,000
28.4%
Undergrounding
$3,000,000
10.6%
Transportation/Traffic
$2,137,000
7.5%
Streets
$1,085,000
3.8%
Landscape
$700,000
2.5%
Open Space
$150,000
0.5%
14 General Fund
Project Highlights
FY 2025-27 Budget $28.3 Million
Carryover $5.5 Million
Downtown
Thousand Oaks – CI5540
$11,500,000,
$505,966 Carryover
Downtown
Thousand Oaks – CI5540
$11,500,000,
$505,966 Carryover
South Branch Arroyo
Conejo Drainage
Improvements –
CI5807
$1,900,000
South Branch Arroyo
Conejo Drainage
Improvements –
CI5807
$1,900,000
Lynn Road at Janss Road
Channel Rehabilitation –
CI5152
$1,700,000
Lynn Road at Janss Road
Channel Rehabilitation –
CI5152
$1,700,000
Hodencamp Road –
Utility Undergrounding –
MI2667
$3,000,000
Hodencamp Road –
Utility Undergrounding –
MI2667
$3,000,000
13 14
8 4/8/2025
FY 2025-27 Budget $0.2 Million
Carryover $0.2 Million
15 Library Fund
Project Highlights
Battery Energy Storage at
Grant R. Brimhall
Library – CI5704
$100,000
Battery Energy Storage at
Grant R. Brimhall
Library – CI5704
$100,000
Battery Energy Storage at
Newbury Park
Library – CI5705
$100,000
Battery Energy Storage at
Newbury Park
Library – CI5705
$100,000
FY 2025-27 Budget $19.0Million
Carryover $0.2 Million
16 Gas Tax Funds
Project Highlights
Pavement Overlay
FY 2025-27 – CI5735
$13,250,000
Pavement Overlay
FY 2025-27 – CI5735
$13,250,000
Pavement Slurry Program
FY 2025-27 MI 2661
$2,000,000
Pavement Slurry Program
FY 2025-27 MI 2661
$2,000,000
Curb Ramps Citywide
FY 2025-27 – CI5734
$1,000,000
Curb Ramps Citywide
FY 2025-27 – CI5734
$1,000,000
Citywide Concrete Replacement
and Sidewalk Repair
FY 2025-27 – MI2659
$1,800,000
Citywide Concrete Replacement
and Sidewalk Repair
FY 2025-27 – MI2659
$1,800,000
15 16
9 4/8/2025
FY 2025-27 Budget $9.7 Million
Carryover $6.4 Million
17State & Federal
Grants Fund
Project Highlights
Lynn Road Class IV Bike
Lane and Pedestrian
Improvements - CI5660
$3,550,000
Lynn Road Class IV Bike
Lane and Pedestrian
Improvements - CI5660
$3,550,000
Stormwater to Sewer
Diversion and Reuse Project
Malibu Creek – Ocho Rios –
CI5600
$2,459,752
Stormwater to Sewer
Diversion and Reuse Project
Malibu Creek – Ocho Rios –
CI5600
$2,459,752
MSC Microgrid and
Backup Power – CI5585
$1,853,625
MSC Microgrid and
Backup Power – CI5585
$1,853,625
Hillcrest Drive Bike
Lanes and Pedestrian
Improvements – CI5682
$2,371,427
Hillcrest Drive Bike
Lanes and Pedestrian
Improvements – CI5682
$2,371,427
FY 2025-27 Budget $7.5 Million
Carryover $0.6 Million
18Capital Project/
Developer Impact Fee Fund
Project Highlights
Newbury Road RDA –
Kelly Road Drain & Road
Widening Improvements
– CI5330
$1,709,944
Newbury Road RDA –
Kelly Road Drain & Road
Widening Improvements
– CI5330
$1,709,944
Hillcrest Drive
Undergrounding
–M I 2 6 5 2
$825,000
Hillcrest Drive
Undergrounding
–M I 2 6 5 2
$825,000
Open Space Acquisition –
Citywide – CI1227
$1,643,916
Open Space Acquisition –
Citywide – CI1227
$1,643,916
Agoura Road/Westlake
Blvd Widening – CI5301
$800,000
Agoura Road/Westlake
Blvd Widening – CI5301
$800,000
17 18
10 4/8/2025
FY 2025-27 Budget 11.7 Million
Carryover $2.6 Million
19Lighting &
Landscape Funds
Project Highlights
Emergency Generators
for Traffic Signals –
CI5819
$400,000
Emergency Generators
for Traffic Signals –
CI5819
$400,000
Kanan Road Landscape
Improvements – CI5654
$4,400,000
Kanan Road Landscape
Improvements – CI5654
$4,400,000
Reflective Backplate for
Traffic Signals – MI2692
$400,000
Reflective Backplate for
Traffic Signals – MI2692
$400,000
Westlake Boulevard
Landscape
Improvements – CI5652
$3,470,000
Westlake Boulevard
Landscape
Improvements – CI5652
$3,470,000
FY 2025-27 Budget $0
Carryover $3.4 Million
20 Housing Fund
19 20
11 4/8/2025
FY 2025-27 Budget $2.1 Million
Carryover $0
21 Stormwater Fund
Project Highlights
Watershed Management
Plan Implementation –
CI5780
$400,000
Watershed Management
Plan Implementation –
CI5780
$400,000
Watershed Management
Plan Implementation
Study – MI2638
$800,000
Watershed Management
Plan Implementation
Study – MI2638
$800,000
Stormwater to Sewer
Division Project – Malibu
Creek – CI5600
$615,000
Stormwater to Sewer
Division Project – Malibu
Creek – CI5600
$615,000
FY 2025-27 Budget $34.9 Million
Carryover $7.5 Million
22Water Fund
Project Highlights
Automated Meter
Replacement Program
FYs 2025-2027 – CI5677
$4,000,000
Automated Meter
Replacement Program
FYs 2025-2027 – CI5677
$4,000,000
Power Backup at Lang
Ranch Pump Station –
CI5702
$2,750,000
Power Backup at Lang
Ranch Pump Station –
CI5702
$2,750,000
Multiple Pump Station
Emergency Generator
Projects – CI5764,
CI5765, CI5766, CI5818
Combined $3,440,000
Multiple Pump Station
Emergency Generator
Projects – CI5764,
CI5765, CI5766, CI5818
Combined $3,440,000
21 22
12 4/8/2025
FY 2025-27 Budget $27.7 Million
Carryover $21.7 Million
23 Wastewater Fund
HCTP Tertiary Filters
Rehabilitation – MI2590
$3,935,000
HCTP Tertiary Filters
Rehabilitation – MI2590
$3,935,000
Project Highlights
HCTP Slope Stabilization –
CI5736
$2,465,000
HCTP Slope Stabilization –
CI5736
$2,465,000
Wastewater Collection System
Master Plan Implementation
Project Phase I – CI5680
$3,000,000
Wastewater Collection System
Master Plan Implementation
Project Phase I – CI5680
$3,000,000
FY 2025-27 Budget $16.4 Million
Carryover $6.1 Million
24 Transportation Fund
Project Highlights
Transit Battery Energy
Storage at MSC – CI5726
$4,050,000
Transit Battery Energy
Storage at MSC – CI5726
$4,050,000
Power Backup Resiliency
Center at the
Transportation Center –
CI5717
$5,034,000
Power Backup Resiliency
Center at the
Transportation Center –
CI5717
$5,034,000
Purchase of Zero
Emission Buses – CI5722
$5,000,000
Purchase of Zero
Emission Buses – CI5722
$5,000,000
23 24
13 4/8/2025
FY 2025-27 Budget $2.0 Million
Carryover $0.1 Million
25 Other Enterprise Funds
Los Robles Greens Golf Course
Maintenance Facility – CI5159
$1,000,000
Los Robles Greens Golf Course
Maintenance Facility – CI5159
$1,000,000
Project Highlights
Food Recovery and
Storage Facility –
CI5714
$520,000
Food Recovery and
Storage Facility –
CI5714
$520,000
Golf Course Fund Solid Waste Fund
• Proposed FY 2025-2027 CIP Budget $159.6M, 147 Projects • Focus on:
Downtown Thousand Oaks Project
Fire resiliency
Bike Lanes
Environmental sustainability
Infrastructure maintenance
• Investment in maintaining City assets key to long-term financial health • Due to economic uncertainty, staff will monitor fund balances and delay projects as necessary
Summary
26 25
26 14
4/8/2025
1. Receive information on Proposed FY 2025-26 and FY 2026-27 Capital Improvement Program (CIP) Budget.
2. Schedule a Public Hearing for June 10, 2025.
3. Find that this action is not a project as defined under the California Environmental Quality Act.
Recommendations
Questions?
27 28