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HomeMy WebLinkAboutFY2026-30 CIP BUDGET PowerpointFY2025-26 to FY 2029-30 Capital Improvement Plan Budget June 3, 2025 Planning Commission Meeting Our Vision & Strategic Priorities •Public Safety •Economic Development •Recreation •Transportation •Image •Education •Service •“The City of Lake Elsinore will be the ULTIMATE lake destination where all can live, work, and play, build futures and fulfill dreams.” CITY’S BUDGET PROCESS Departments Submits Budget & CIP Requests – Feb. 28 Executive Staff Review Requests & Conduct Budget Hearings with Departments – Starting April 24 Draft Budget Reviewed by Budget Subcommittee – May 7 Planning Commission Public Hearing – June 3 Formal Adoption by City Council – June 24 Budget Process Capital Improvement Budget Updated and adopted every year for five years. Outlines all City capital projects currently planned including infrastructure, roads, parks, facilities, lake and more. Provides detailed information regarding funding sources and project description. Projects can be unfunded, partially funded or fully funded. Budget Circulation Projects (38)$489,682,337 Facility Projects (12)$129,076,267 Infrastructure Projects (9)$16,921,815 Park Projects (17)$100,776,265 CIP Plan Totals (76)$736,456,684 Questions?