HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID: 15-01065
Date: 8/11/15 Requesting Department: Management and Budget
Commission Meeting Date: 9/10/15 District(s) Impacted: All Law Department
Type: �J Resolution ®Ordinance ❑ Emergency Ordinance E] Discussion Itetr Matter ID No.
Subject: Resolution approving the City of Miami "FY 2015-16 Multi -Year Capital Improvement Plan",
se of Item:
To approve the City of Miami's "FY 2015-16 Multi -Year Capital Improvement Plan" as required by the Local
Government Comprehensive Planning and Land Development Regulation Act, more particularly, Section 163.3177,
Florida Statutes (2015), and pursuant to Chapter 18/Article IX/Divisions 1 and 2 of the Code of the City of Miami,
Florida, as amended ("City Code"), entitled "Finance/Financial Policies/Anti-Deficiency Act/Financial Integrity
Principles."
Background Information:
The Capital Improvements Program is tasked with the .responsibility to execute capital improvement projects.
Pursuant to Chapter 18/Article IX/Divisions 1 and 2 of the City Code, entitled "Finance/Financial Policies/Anti-
Deficiency Act/Financial Integrity Principles," the City is required to prepare a capital plan detailing improvements
needed to support City services. The Capital Plan identifies $1,056.8 Million in projects ($358 Million funded,
$180.8 Million partially funded, and $518 Million unfunded) for the current Fiscal Year plus five (5) additional
years. The plan is detailed by fund and identifies revenue sources.
Budget Impact Analysis
NO Is this item related to revenue?
YES Is this item an expenditure? If so, please identify funding source below.
General Account No: _
Special Revenue Account No:
CIP Project No: Various
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact: $538.8 Million
Final Approvals
Cl
F
Purchasing N/A Dept. Director
Chief S, t City Manager
Page 1 of 1