Capital Improvement Program (CIP) July 20, 2017 2 Capital - - PowerPoint PPT Presentation

July 20, 2017

2017-2026 PROPOSED Capital Improvement Program (CIP)

Capital Improvement Program

• Ten-year vision, setting broad policy level

guidance for capital expenditures

• Ten-year projection of financial capacity and

debt levels associated with capital spending

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Capital Improvement Program

• Proposed CIP continues close alignment with

Community Investment Plan priorities

• Aligned with infrastructure renewal efforts for

Water and Sewer Utilities, Stormwater and Fleet

• Integrated with City Council goals

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Consistent with Plan Priorities

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COMMUNITY INVESTMENTS PLAN PRIORITIES OVERALL SPENDING PRIORITIES

PLAN PRIORITY % OF TOTAL CIP FUNDING 1st Priority—Maintain and Replace What We Currently Have 42.8% 2nd Priority—Enhance What We Currently Have 20.6% 3rd Priority—Expand What We Currently Have 36.6%

Total CIP 100%

CIP Funding Sources

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GO at-large $299,488,577 Local Sales Tax $236,250,000 Airport $33,458,311 Sewer Utility $250,074,000 Water Utility $344,211,000 Special Assessments $288,250,000 State of Kansas $58,700,000 Federal Funds $120,969,780 Other Funds $132,055,114

Where City of Wichita CIP Dollars Come From

2017 - 2026 ALL FUNDS REVENUES $1,763,456,782

CIP Expenditure Categories

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Airport $108,519,155 Arterials $594,628,244 Bridges $13,135,000 Freeways $117,250,000 Park $49,177,540 Public Facilities $237,910,914 Sewer $250,074,000 Stormwater $27,750,000 Transit $20,800,929 Water $344,211,000

Where City of Wichita CIP Dollars Go

2017 - 2026 ALL FUNDS EXPENDITURES $1,763,456,782

GO At-Large Debt Service / GO Debt Service Capacity

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2015 CIP Benchmark 2016 CIP 2017 CIP

Financing the CIP

• The mill levy rate remains constant at 8.5 mills
• The combined coverage ratio for the Water and

Sewer Utilities remains within the benchmark; revenues are based on the most recent COSA

• Stormwater Utility based on approved rates, with

capacity to include new projects

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Aligned with Focus Areas

• Includes $63 million to Keep Wichita Safe - Fire

apparatus, Police stations, equipment

• Living Well projects include the Aquatics Master

Plan, bicycle paths, West Bank stadium and Stryker complex plans and continued improvements in downtown

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Aligned with Focus Areas

• Infrastructure projects are aligned with DST models,

sales tax funding is shifted to streets and additional Stormwater projects are funded

• Projects to Grow our Economy include the West

Street corridor, street improvements related to the Innovation Campus at Wichita State University and downtown improvements

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Arterial Highlights

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Projects Amount Year

Oliver, 17th Street to 21st Street $4,100,000 2017-2018 West Street, Kellogg to Harry $4,300,000 2017-2019 Residential Street Maintenance $69,000,000 2017-2026 9th Street, I-135 to Hillside $3,650,000 2018 1st and 2nd, St. Francis to Washington $3,700,000 2017-2018 Greenwich, Pawnee to Harry $5,175,000 2017-2018 13th Street, 119th to 135th $4,000,000 2019

• Mt. Vernon, Broadway to SE Blvd

$4,500,000 2017-2019

Bridge and Stormwater Highlights

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Projects Amount Year

Harry Street Bridge at Arkansas River $3,000,000 2017, 2019 2nd Street Bridge at Brookside $850,000 2018-2019 Douglas Bridge at Brookside $850,000 2018-2019 Delano Bridge at Westlink $935,000 2019-2020 9th Street Drainage Outfall $6,000,000 2018 Murdock/Wabash Stormwater $2,200,000 2021

Public Facility Highlights

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Projects Amount Year

Law Enforcement Training Center $5,000,000 2018 Fire Apparatus Replacement $31,871,649 2017-2025 Heavy Equipment Replacement $47,706,265 2017-2026 Parking Garages $14,600,000 2018-2020 Police Patrol Stations $13,673,000 2018-2026 Police Radios $7,000,000 2018, 2021 Sports Complex Improvements $22,000,000 2017 West Bank Improvements $62,000,000 2018-2020

Park and Recreation Highlights

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Projects Amount Year Pracht Wetlands Park $750,000 2017-2018 Watson Park $2,927,540 2017-2024 Aquatics Master Plan $18,000,000 2018-2024 Crystal Prairie Lake Park $10,500,000 2017-2024 Linwood Park $550,000 2017-2018 McAdams Fields $400,000 2018 Naftzger Park $1,500,000 2017-2018 Planeview Park $1,300,000 2020-2021

Future Considerations

• Work to finalize building maintenance optimization

models will impact future CIP projects

• Water and Sewer Utilities projects and financing

will be impacted by the recommendations of the Water and Sewer optimization work

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Schedule

July 5, 10 & 19 DAB’s July 6 Advance Plans Committee - MAPC July 10 Bicycle/Pedestrian Committee July 17 Wichita Independent Neighborhoods July 20 Metropolitan Area Planning Commission July 20 City Council August 8 Adoption

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Discussion

• The City Council workshop presentation and

discussion is online at:

http://www.wichita.gov/Council/Pages/default.aspx

• The Proposed CIP document is available online

at: www.wichita.gov

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Serving You, In Many Ways, Every Day

2017-2026

PROPOSED Capital Improvement Program