Receive staff presentation regarding Approved FY22 CIP Projects and related funding; including proposed issuance of debt - 2022 Certificates of Obligation Issuance; and provide direction to staff.
Response provided by Chase Stapp, Director of Public Safety:Can staff explain the need for the police driving track? Is this something that the public could utilize in any way? Is it really cheaper to build one then to go somewhere for practice?
Response provided by Anna Miranda, Interim Director of Finance:Usually in the ARF we are reminded of when we last approved something. Please remind me where I can find the one year list of the CIP we approved last fall. That would be “approving fiscal year 2021-2022 Capital Improvements Program Projects” that was in the caption, but I can only find the full 10 year project list in the packets for 9-7-21 and others. The full 10-year list is there, but not one that is just FY22. Same for the 9-21-21 packet. How do I view it when there are funds to be expended for part of the project in 2022 and not other parts such as the Briarwood water Imps. Water is $700K in 2022, but there is a stormwater component that doesn’t show expenses for 2022.
I ask again this year, as I do every year: Are there any items that have been added or deleted since we approved the CIP last fall? How do I find what is planned to be deleted? Is that the Canceled or Reduced Funding column? Or the FY22 Deferred Column? Does that mean deferred from FY22 to another year which would be deleted from the current list?
What about projects added? Everything has FY22 Approved CIP except for a few that were Prior Year Deferred. But what does that really mean and what happens when Prior Year Deferred is also Canceled or Reduced Funding in the same amount?
What are the sources of funding that are shown as “other funding?”