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2016.06.07 WS Packet Combined
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2016.06.07 WS Packet Combined
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8 <br />KPI: Capital Improvement Plan <br />To ensure funding is available for projects which are scheduled in future years. A 10 year CIP will <br />be updated and assessed annually for review and discussion with City Council. <br /> <br />RESULTS <br /> <br /> <br /> <br />INTERPRETATION <br /> <br />The 2016-2025 CIP identifies funding coming from many different sources with $27,885,300 in tax levy, $19,670,000 from <br />utility revenues, $1,607,000 in park dedication, $27,050,000 from the water treatment plant and $9,999,600 in other <br />sources. <br /> <br /> <br />RESPONSE <br /> <br />A well designed CIP will help in planning for early communications to Council and citizens regarding the financial <br />impacts of capital purchases. <br /> <br /> <br />Tax Levy 39% <br />Utility Rates 21% Park Dedication 2% <br />Water Treatment Plant 28% <br />Other 10% <br />Identified Funding Sources of 2016-2025 <br />CIP
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