ITEM 15 ATTACHMENT 1 - Laserfiche WebLink

The City of Pleasanton prepares a five-year Capital Improvement Plan (CIP) document that is separate from the Operating Budget document, although the two are closely linked. The CIP, as distinguished from the Operating Budget, is used as a planning tool for the City to identify the capital improvement needs of the City and align those needs with the appropriate timing and financing in a way that assures the most responsible and efficient use of resources. City Council appropriates funds for the first two years of the five-year CIP. The five-year CIP is reviewed bi-annually to enable the City Council to reassess projects in the program and allocate funds. A capital project typically involves the purchase or construction of major fixed assets such as land, buildings and any permanent improvement including additions, replacements and major alterations having a long life expectancy. Additionally, capital projects may apply to: expenditures which take place over two or more years and require continuing appropriations beyond a single fiscal year; systematic acquisitions over an extended period of time or scheduled replacement or maintenance of specific elements of physical assets. Generally, only those items costing $50,000 or more are considered as capital projects. For informational purposes, capital projects are also referred to as capital facilities, CIP projects and capital improvement projects. For more information on the City's CIP, please refer to the FY 2025/26 - 2029/30 Capital Improvement Program located on the City's website: www.cityofpleasantonca.gov. The information provided in this section is from the original adopted FY 2025/26 -2029/30 CIP. 189