Special Notice / Hearing: None__
Vote Required: Majority
To: Honorable Board of Supervisors
From: Michael P. Callagy, County Executive
Subject: Five-Year Capital Improvement Plan for FY 2023-28
RECOMMENDATION:
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Receive and accept the Five-Year Capital Improvement Plan (CIP) for FY 2023-28.
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BACKGROUND:
The CIP is a planning document that outlines the County's capital improvement needs over the next five years and summarizes the capital projects, projected expenditures and funding sources for the plan. The CIP is used in conjunction with the County Budget to help ensure a fiscally responsible and efficient use of existing resources. The CIP also allows the County to plan strategically for future financing beyond the current budget cycle. The County Executive's Office has released three previous five-year CIPs: FY 2018-23, FY 2019-24, and FY 2021-26.
The CIP for FY 2023-28 includes updates to ongoing capital projects and identifies new projects. The CIP encompasses capital needs for new ground-up construction, renovation and repairs of existing County facilities, parks, and technology projects. CIP projects include those managed or supported by Project Development Unit (PDU), Department of Public Works (DPW), Parks Department, and Information Services Department (ISD). The CIP is once again being presented in an online format and will be available as of September 20 at https://www.smcgov.org/ceo/county-san-mateo-five-year-capital-improvement-plan-fy-2023-28
DISCUSSION:
The CIP for FY 2023-28 totals $477.4 million in FY 2023-24, $174.7 million in FY 2024-25, and $174.6 million in FY 2025-28 for a total of $765.5 million over the entire five-year period. The FY 2023-24 Adopted Budget includes rollover of unspent appropriations from the prior fiscal year.
The first two years of the CIP consist of budgeted expenditures that are included in the FY 2022-24 Adopted Budget and in the FY 2024-25 Preliminary Approved Budget. The pro...
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