SUBJECT:
Title
Request Adoption of the Capital Improvement Program Fiscal Years 2024-25 - 2028-29
Body
INITIATOR: DEPARTMENT:
Audrey L. Fowler, Budget Director Budget
DESCRIPTION/BACKGROUND:Provided for this meeting is a Project Expenditure Summary Report of the Tentative Capital Improvement Program (CIP). The full detail of the Tentative CIP 2024-25 - 2028-29 can be found on the Clerk of the Court - Budget web page at: https://www.marioncountyclerk.org/capital-improvement-program
BUDGET/IMPACT:
Total capital projects in the amount of $192,073,020 are presented over five (5) fiscal years beginning with Fiscal Year 2024-25. The 2024-25 Fiscal Year of the CIP is funded and reconciled to the proposed fiscal year 2024-25 annual budget as revised. Adoption of the CIP provides only for a capital outlay funding plan and does not represent an official appropriation of county funds. Official appropriations for capital projects are dependent upon their inclusion in the current and future budgets of the County as adopted through the statutorily required annual budget process.
RECOMMENDED ACTION:
Recommended action
Motion to approve the Capital Improvement Program as presented.
end