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CITY of RAPID CITY Agenda Item Summary |
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Meeting Date: 5/13/2015 |
CIP Committee: 4/17/15 |
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Staff Contact: Pauline Sumption |
Planning Commission: 5/7/15 |
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Petitioner: CIP Committee |
L&F Committee: 5/13/15 |
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Location: N/A |
City Council: 5/18/15 |
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Agenda Title: |
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Approve 2015- 2020 CIP 5-Year Plan |
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Summary: |
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This plan adds the year 2020 as the final year in the 5-year plan. The projections are the same as earlier years, with an estimated 3% sales tax growth and an additional 3% allocation to the expense line items. You can see that it shows approximately $3.9 million remaining at the end of the 5-year plan, which typically would be around $1 million. The additional $2.9 million will be allocated in a future CIP meeting after offer scorecards are submitted as per the priority driven budgeting process. The CIP committee will then bring their recommendations forward to the Council for approval. |
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Funding Source & Fiscal Impact (if applicable): |
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Recommendation: |
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Action: Approve Notes: 4/17/15 CIP Committee approved the 5-Year Plan; Planning Commission recommended approval: 5/7/2015 |
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Options: |
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Attachments & Links: |
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