Capital Improvement Projects (CIP) Fund Overview

The Capital Improvement Projects Fund accounts for capital projects for streets, traffic, and parks.

Revenue Highlights

• Transfers consist of transfers from the General Fund, Water Fund, and Grants Fund. Contributions reflect transportation tax, park development fees and lands dedicated fees that help fund eligible projects. Contributions also include development fees for transportation, traffic signals, lights and traffic impact fees. Contributions in 2022 decreased due to some large contributions received in 2021 for some developments.

• Grants and recovered costs are reimbursements from other agencies that have shared in the cost of a project. The reduction in 2022 is due to a grant received in 2021 for the Stanley Lake Library trailhead and reimbursement from the Arvada Urban Renewal Authority for the No. 04 trolley park.

Expenditure Highlights

• Administration expenditures are related to: improvements to the KATV control room, ADA compliance at City Hall and the Arvada Center and the replacement of the roof in the kiln room at the Arvada Center.

• Technology expenditures are related to the fiber conduit boring project.

• Streets expenditures are related to the streets master plan and guardrail rebuilds.

• Traffic expenditures are related to the traffic signal rebuilds, school safety, pavement marking program, CIP and the Alkire Street trail.Park expenditures are for athletic field irrigation controllers, Arvada Center sign replacement, improvements for the Sabell’s development and improvements for various parks and playgrounds.