Skip to main content
Loading…
This section is included in your selections.

A. The city will make all capital improvements in accordance with an adopted capital improvements program.

B. The city will develop a multi-year plan for capital improvements that considers its development policies and links the development process with the capital plan.

C. The city will enact an annual capital budget based on the multi-year capital improvements program.

D. The city will coordinate development of the capital improvement budget with development of the operating budget. Future operating costs associated with new capital projects will be projected and included in operating budget forecasts.

E. The city will maintain all its assets at a level adequate to protect its capital investments and to minimize future maintenance and replacement costs.

F. The city will identify the “full-life” estimated cost and potential funding source for each capital project proposal before it is submitted to the council for approval.

G. The city will determine the total cost for each potential financing method for capital project proposals.

H. The city will identify the cash flow needs for all new projects and determine which financing method best meets the cash flow needs of the project. (Ord. 02-33 § 2, 2002)