Title
Budget Workshop for Fiscal Years 2025-26 and 2026-27 to Provide Direction on the Capital Improvement Program Budget. (Public Works 310)
Body
To: Honorable Mayor and Members of the City Council
From: Jennifer Ott, City Manager
EXECUTIVE SUMMARY
The City Council is holding Budget Workshops on May 5 and May 13, 2025. The budget workshops are intended to give the City Council and community an opportunity to look more closely into the factors that make up the overall City of Alameda (City) Operating Budget and Capital Improvement Program (CIP) budget. Exhibit 1 contains the draft capital project sheets with information on the proposed projects included in the capital budget for Fiscal Years (FY) 2025-26 and 2026-27. Capital investments are shown by project type and fund source for each year. The proposed CIP totals approximately $43.8 million and $42.4 million for FY 2025-26 and 2026-27, respectively. The proposed General Fund allocations to capital projects are $6.3 million for FY 2025-26 and $2 million for 2026-27. In developing the proposed CIP, staff considered capital investment needs, fund balances, City Council Strategic Plan priorities, and staffing resources available to manage and execute projects. Staff seeks input on the proposed CIP budget that will be incorporated into the budget for final City Council adoption in June.
BACKGROUND
As part of the City biennial budget process, a capital budget for FY 2025-26 and FY 2026-27 is developed to fund infrastructure improvements in the City. Capital improvements generally are categorized as follows:
* Pavement, Lighting and Urban Forest
* Sanitary Sewer
* Stormwater, Lagoons and Shoreline
* Buildings and Facilities
* Parks
* Transportation System Enhancements
* Adaptation and Resiliency
Each of the categories has multiple projects and funding sources. The FY 2025-27 includes funding for capital improvement projects within each category.
Capital Budget Process
The main components that provide th...
Click here for full text