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A - 1 City of Pleasanton Operating Budget • FY 2023/24 - FY 2024/25
<br />APPENDIX A
<br />The City of Pleasanton prepares a four-year Capital Improvement Plan (CIP) document that is separate
<br />from the Operating Budget document, although the two are closely linked. The CIP, as distinguished from
<br />the Operating Budget, is used as a planning tool for the City to identify the capital improvement needs of
<br />the City and align those needs with the appropriate timing and financing in a way that assures the most
<br />responsible and efficient use of resources. City Council appropriates funds for the first two years of the
<br />four-year CIP. The four-year CIP is reviewed bi-annually to enable the City Council to reassess projects in
<br />the program and allocate funds.
<br />A capital project typically involves the purchase or construction of major fixed assets such as land,
<br />buildings and any permanent improvement including additions, replacements and major alterations
<br />having a long life expectancy. Additionally, capital projects may apply to: 1) expenditures which take
<br />place over two or more years and require continuing appropriations beyond a single fiscal year; 2)
<br />systematic acquisitions over an extended period of time or 3) scheduled replacement or maintenance of
<br />specific elements of physical assets. Generally, only those items costing $50,000 or more are considered
<br />as capital projects. For informational purposes, capital projects are also referred to as capital facilities,
<br />CIP projects and capital improvement projects.
<br />For more information on the City’s CIP, please refer to the FY 2023/24 – 2026/27 Capital Improvement
<br />Program located on the City’s website: www.cityofpleasantonca.gov. The information provided in this
<br />section is from the original adopted FY 2023/24 – 2026/27 CIP.
<br />Capital Improvement Program Summary
<br />The FY 2023/24 – 2026/27 CIP includes 43 City projects totaling approximately $78.7 million. The chart
<br />below shows the FY 2023/24 and FY 2024/24 Capital Budget by CIP category.
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<br />Capital Improvement Program Overview
<br />CIP Program Category FY 2023/24 FY 2024/25 Totals
<br />Facilities $3,600,000 $200,000 $3,800,000
<br />Parks 4,231,012 1,300,000 5,531,012
<br />Sewer 2,500,000 1,500,000 4,000,000
<br />Storm Drain 475,000 1,215,000 1,690,000
<br />Transportation & Streets 18,177,497 8,540,000 26,717,497
<br />Water 1,050,000 1,050,000 2,100,000
<br />Miscellaneous 2,175,000 375,000 2,550,000
<br />Total CIP (1)$32,208,509 $14,180,000 $46,388,509
<br />(1)Excluding fund transfers and other operating expenditures.
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