The Capital Improvement Budget (CIP) identifies projected capital expenses for the next ten years and is designed to plan appropriately for how to complete those projects within projected revenues. The CIP has been recognized by the California Society of Municipal Finance Officers for excellence in reporting.
Reports
Budget Break-Down
The annual Capital Improvement Budget is $20 million and the ten-year plan totals $109 million (excluding $148 million of unfunded projects for future years) which consists of:
| Project | 10 Year Amounts |
|---|
Grant Funded
| $8 Million
|
Interceptors
| $22 Million |
Plant Assets
| $26 Million
|
Pump Stations
| $27 Million
|
| Pure Water Monterey | $8 Million |
| Outfall / Other | $18 Million |
When determining the priority of proposed projects, staff evaluate them for urgency, feasibility, and enhancements towards the community, health, and safety.