Preparation of the 2020-2024 Capital Improvements Program and Maintenance Program is the first step in development of the 2020 operating budget and five-year financial plan, as both the capital improvements plan and budget are developed in the context of the City’s five-year expenditure and revenue forecast.
The City Manager presented the proposed 2020-2024 CIP to the Governing Body at a City Council Committee of the Whole meeting on January 28, 2019. Governing Body goal area committees will review and revise the proposed plan.
Two public hearings will be scheduled in early 2019 regarding the Committee of the Whole's recommended 2020-2024 CIP. Adoption of the 2020-2024 CIP for budget planning purposes is expected to occur in April 2019.