CAPITAL IMPROVEMENT PLAN 2024-2028
PROJECT FUNDING GUIDELINES
After applying % of City Funds, remaining project costs will be funded with special assessments, grants, and/or other sources.
To reduce specials, City will seek grants or outside funding through eligible programs.
This funding baseline follows the City's Guiding Principles, adopted in Fall 2021.
FUNDING USES 2024-2028
FUNDING SOURCES 2024-2028
The 2022 CIP allocated appx. $27.5 million of water and sewer funds for capital projects, assuming an increase in utility rates. There has not been an increase, so those funds are not available for capital projects and are not included in the 2024 CIP.
Federal and State Funding is potential based on availability and application. Prairie Dog funding is dependent on the amount of collected Oil & Gas Extraction Tax.
5 Year Funding Overview
State and Federal Funding may be contingent on program continuation and grant application status.
PROJECT STATUS LEGEND
NS NOT STARTED
Needed work has been identified and project is only conceptual. PRELIMINARY ESTIMATE
PRELIMINARY AND/OR SCOPING
S/D STUDY AND/OR DESIGN
Project scope and tasks necessary for completion identified. PROBABLE COST NARROWED
Plans and specifications finalized. Bids are advertised.
In-House staff and/or contractors will complete the project.
Final payments, special assessments certification process and/or other close-out items still pending.
MADE X CLOSED All work is done and paid. Special assessments certified and levied.
PROJECT OVERVIEW 2024
*As of July 1, 2024 - Project L st and Costs Subject to Change
PROJECT OVERVIEW 2025
*As of July 1, 2024 - Project L st and Costs Subject to Change
PROJECT OVERVIEW 2026
*As of July 1, 2024 - Project L st and Costs Subject to Change
PROJECT OVERVIEW 2027
*As of July 1, 2024 - Project L st and Costs Subject to Change
PROJECT OVERVIEW 2028
*As of July 1, 2024 - Project L st and Costs Subject to Change