COSA staff is preparing the 2017-2022 Capital Improvement Plan, which prioritizes the addressing of large capital needs.
Citizens are invited to share thoughts on what should be the City’s capital improvement priorities. The forum will be held at 6 p.m. Tuesday, Feb. 21, in the City Council chambers at the McNease Convention Center, 501 Rio Concho Drive.
Online forms are also available at the City’s website for those unable to attend.
Eligible projects must have a useful life of at least three years, have a total estimated cost of more than $25,000 and require six months or more to complete. Street, water, drainage and park projects are included in the CIP, as is the renovation and expansion of the City Auditorium.
Once City Council approves the plan this spring, it will be used to help shape the budget for fiscal year 2018, which begins Oct. 1, 2017. CIP projects have a wide range of funding sources, including grants, designated revenue, debt instruments, fund balances and sales and property taxes.