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53 City of Pleasanton Capital Improvement Program • FY 2025/26 - FY 2029/30 <br />Internal assessment estimated approximately $900 <br />million in CIP and Repair & Replacement needs over <br />the next decade to maintain the existing infrastruc- <br />ture and other assets in a state of good repair. With <br />the completion of the Asset Management Plan at the <br />end of 2025, the funding gap for deferred mainte- <br />nance and critical projects is expected to be signifi- <br />cant, as previously identified by staff over two years <br />ago. Aging community assets, such as facilities, if not <br />repaired and replaced, will deteriorate and become <br />unusable to the community. Aging infrastructure may <br />also pose significant risks and liabilities for the City. <br />Deferred Maintenance - <br />Asset Management Plan <br />Project Number: 26489 <br />Miscellaneous <br />Annual allocation for managing and prioritizing main- <br />tenance and repairs to aging infrastructure and assets <br />that have been deferred due to limited resources. Insuf- <br />ficient resources have negatively impacted the City’s <br />ability to properly invest in facilities and other infrastruc- <br />ture used to serve the community. Community assets, <br />such as buildings and facilities, parks and medians, <br />storm drain systems, police and fire vehicles, equip- <br />ment, information technology, streetlights, traffic signals, <br />streets and roads, sound walls, and traffic poles, are <br />significantly underfunded. Annual allocation will help to <br />fund critical priority projects. <br />Department: Public Works <br />Project Phase: Planning <br />Total Budget:$30,290,000 <br />Project Description: <br />CIP Rating Score:N/A <br />Project Funding <br />Project Justification: <br />Fund Description Fund #Current <br />Funding FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 FY 2029/30 <br />Miscellaneous CIP <br />- General Fund 201 -$6,221,000 $6,141,000 $6,060,000 $5,976,000 $5,892,000