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HomeMy WebLinkAbout06 22 2015 1 Draft CIP - Workshop REPORT 4646 Dakota Street SE Prior Lake, MN 55372 CITY COUNCIL WORKSHOP REPORT MEETING DATE: JUNE 22, 2015 PREPARED BY: CATHY ERICKSON, ACCOUNTING MANAGER LARRY POPPLER, CITY ENGINEER/DIRECTOR OF INSPECTIONS KATY GEHLER, PUBLIC WORKS/NATURAL RESOURCES DIRECTOR PRESENTED BY: CATHY ERICKSON, LARRY POPPLER, AND KATY GEHLER TOPIC: DRAFT 2016 – 2020 CAPITAL IMPROVEMENT PROGRAM DISCUSSION: Introduction This year, the CIP Council Workshops were divided into three parts. Part 1 provided an outlook to the 2016 CIP and budget, overall discussion of CIP process, 2016 projects, and the impact of the CIP on the debt levy. Based on the 2015-2019 adopted CIP the preliminary outlook is a 7.1% increase in the property tax levy capital projects. This increase is detailed in the table below: Amount % Debt Service Levy increase for 2016 $ 509,034 4.9% CIP increase based on current long-range plans $ 225,000 2.2% Equipment Replacement Plan 100,000 Facilities Management Plan 125,000 Property Tax Levy Increase for CIP-Preliminary $ 734,034 7.1% Part 2: The purpose of this workshop is to complete a city council review and receive councilor input regarding the proposed 2016-2020 Capital Improvement Program (CIP) for the following draft plans: 1) Transportation Plan (10-year) 2) Water Operating Plan (10-year) 3) Sanitary Sewer Operating Plan (10-year) 4) Water Quality Operating Plan (10-year) 5) Utility Capital Projects Part 3: The remaining CIP draft plans, noted below, will be reviewed at the July 13 Council workshop 6) Facilities Management Plan 7) Equipment Replacement Plan 8) Park Amenities Plan 9) Technology Plan The July 13 Council workshop will also include the financial analysis of the Capital Improvement Plans. 2 History The City’s Capital Improvement Program (CIP) has become our most important and impactful financial planning tool for the following reasons:  It sets forth the actions we intend to take alone or with others to restore, build or replace city infrastructure estimated to exceed $400 million.  It is a multi-year document which divides the financial planning focus over nine key infrastructure systems. The CIP reflects the City Council values as follows:  Delayed repair and maintenance ultimately results in higher costs so we do not “kick the can down the road to future taxpayers.”  Studies show that the most cost effective road investment dollars is preventative maintenance so focus funds in this area.  The life span and operating cost of rolling stock and public buildings can be extended and minimized, respectively, through aggressive preventative maintenance.  In addition to buying replacement rolling stock, implement tactics like refurbishment, buying used equipment and buying equipment with other entities when appropriate.  Invest in technology to squeeze the most out of our personnel investment.  Collaborate with other entities to more cost effectively do those things which were once done alone.  Articulate the purpose of each fund balance and focus on maintaining each at the appropriate level.  Adjust rates annually to mitigate against less frequent but more significant rate increases. Current Circumstances Staff has sought to be consistent in the update of each of the Plans by using the following methodologies:  Existing Assets/Amenities  Replacement year is based on the useful life of the asset;  Replacement value is based on a current estimated replacement cost inflated at 3%/year to the scheduled replacement year;  Replacement is evaluated each year depending on the condition and safety of the asset, maintenance needed, etc.  Community Growth Generally speaking, staff has not added resources (vehicles, equipment, technology, etc) that would be associated with the growth of the community for several years. Staff has updated the Plans and will present the 2016 projects at the workshop for City Council consideration. 3 The draft summary documents have been included for City Council review. The supporting documentation for each of the plans is available if needed. In addition, a color map has been included to help you visualize the location of the proposed street improvement projects. Conclusion The City Council should provide Staff with comments and input on the Draft CIP so that it can be refined in preparation for the public review and approval process. Once the City Council has completed the review of the CIP plans, and provided direction on project priorities by plan, staff will make any revisions before the public hearing if at all possible. The Planning Commission will be reviewing the proposed CIP on Monday, July 20 for consistency with the Comprehensive Plan. A public hearing before the City Council is scheduled for the proposed CIP on Monday, August 10. ISSUES: 1. Transportation Plan 2016-2020 The timing of projects has been adjusted based on previously discussed City Council priorities, pavement degradation analysis, and timing with other project partners. Staff has attached the following documents for Council review and discuss at the workshop:  The Summary of the Transportation Plan (10-year)  The 2016 CIP Project Summary sheets that include the project objectives and costs. 2. Utility Capital Projects The Water, Sewer, and Storm Water Operating Plans include projects associated with the Transportation Plan. In addition, the Water Operating Plan includes the installation of well #10, a 2nd water treatment facility, water storage and associated wells and the replacement of the automatic meter reading system (AMRS). The Storm Water Plan includes pond maintenance and retrofit projects. 2021-2025 Recognizing that many projects are shifted within our 5 year CIP, projects scheduled for 2021 – 2025 show general non-specific information. Staff recommends rehabilitation or reconstruction of 2 miles per year. Other Projects Several other projects have been discussed in the past but are not included in the Transportation Plan and others which have been in the CIP have been moved out until other financing or partnering can be secured. The City Council should provide direction to City Staff regarding the incorporation of these projects within the Capital Improvement Plan. 4 FINANCIAL IMPACT: All items contained in the CIP require City Council approval prior to construction or acquisition. Approval of the CIP does not obligate the City to complete the proposed projects. The 2016 projects, equipment replacement costs and facility repairs will be incorporated into the 2016 budget requests for budgeted funds. Additional financial information related to the impact of the proposed CIP on debt levels, fund balance reserves and average utility customer will be distributed at the 2nd workshop. RECOMMENDED ACTION: The Council should provide comments on the draft document and its various elements in order that the approval process can proceed as planned. REPORTS / CHARTS ATTACHED: 1) Transportation Plan (Summary) 2) Map of Transportation Improvements 3) Street Project Fact Sheets