Capital Improvement Program (CIP) July 20, 2017 2 Capital - PowerPoint PPT Presentation

2017-2026 PROPOSED Capital Improvement Program (CIP) July 20, 2017

2 Capital Improvement Program • Ten-year vision, setting broad policy level guidance for capital expenditures • Ten-year projection of financial capacity and debt levels associated with capital spending

3 Capital Improvement Program • Proposed CIP continues close alignment with Community Investment Plan priorities • Aligned with infrastructure renewal efforts for Water and Sewer Utilities, Stormwater and Fleet • Integrated with City Council goals

4 Consistent with Plan Priorities C OMMUNITY I NVESTMENTS P LAN P RIORITIES O VERALL S PENDING P RIORITIES % OF T OTAL CIP P LAN P RIORITY F UNDING 1st Priority — Maintain and Replace What We Currently Have 42.8% 2nd Priority — Enhance What We Currently Have 20.6% 3rd Priority — Expand What We Currently Have 36.6% Total CIP 100%

5 CIP Funding Sources Where City of Wichita CIP Dollars Come From 2017 - 2026 A LL F UNDS R EVENUES $1,763,456,782 Airport $33,458,311 GO at-large Local Sales Tax Other Funds $299,488,577 $236,250,000 $132,055,114 Sewer Utility $250,074,000 Federal Funds $120,969,780 Water Utility Special $344,211,000 Assessments $288,250,000 State of Kansas $58,700,000

6 CIP Expenditure Categories Where City of Wichita CIP Dollars Go 2017 - 2026 A LL F UNDS E XPENDITURES $1,763,456,782 Bridges Freeways $13,135,000 $117,250,000 Park $49,177,540 Arterials $594,628,244 Public Facilities $237,910,914 Sewer $250,074,000 Water $344,211,000 Stormwater Airport $27,750,000 $108,519,155 Transit $20,800,929

GO At-Large Debt Service / 7 GO Debt Service Capacity 2015 CIP Benchmark 2016 CIP 2017 CIP

8 Financing the CIP • The mill levy rate remains constant at 8.5 mills • The combined coverage ratio for the Water and Sewer Utilities remains within the benchmark; revenues are based on the most recent COSA • Stormwater Utility based on approved rates, with capacity to include new projects

9 Aligned with Focus Areas • Includes $63 million to Keep Wichita Safe - Fire apparatus, Police stations, equipment • Living Well projects include the Aquatics Master Plan, bicycle paths, West Bank stadium and Stryker complex plans and continued improvements in downtown

10 Aligned with Focus Areas • Infrastructure projects are aligned with DST models, sales tax funding is shifted to streets and additional Stormwater projects are funded • Projects to Grow our Economy include the West Street corridor, street improvements related to the Innovation Campus at Wichita State University and downtown improvements

11 Arterial Highlights Projects Amount Year Oliver, 17 th Street to 21 st Street $4,100,000 2017-2018 West Street, Kellogg to Harry $4,300,000 2017-2019 Residential Street Maintenance $69,000,000 2017-2026 9 th Street, I-135 to Hillside $3,650,000 2018 1 st and 2 nd , St. Francis to Washington $3,700,000 2017-2018 Greenwich, Pawnee to Harry $5,175,000 2017-2018 13 th Street, 119 th to 135 th $4,000,000 2019 Mt. Vernon, Broadway to SE Blvd $4,500,000 2017-2019

12 Bridge and Stormwater Highlights Projects Amount Year Harry Street Bridge at Arkansas River $3,000,000 2017, 2019 2 nd Street Bridge at Brookside $850,000 2018-2019 Douglas Bridge at Brookside $850,000 2018-2019 Delano Bridge at Westlink $935,000 2019-2020 9 th Street Drainage Outfall $6,000,000 2018 Murdock/Wabash Stormwater $2,200,000 2021

13 Public Facility Highlights Projects Amount Year Law Enforcement Training Center $5,000,000 2018 Fire Apparatus Replacement $31,871,649 2017-2025 Heavy Equipment Replacement $47,706,265 2017-2026 Parking Garages $14,600,000 2018-2020 Police Patrol Stations $13,673,000 2018-2026 Police Radios $7,000,000 2018, 2021 Sports Complex Improvements $22,000,000 2017 West Bank Improvements $62,000,000 2018-2020

14 Park and Recreation Highlights Projects Amount Year Pracht Wetlands Park $750,000 2017-2018 Watson Park $2,927,540 2017-2024 Aquatics Master Plan $18,000,000 2018-2024 Crystal Prairie Lake Park $10,500,000 2017-2024 Linwood Park $550,000 2017-2018 McAdams Fields $400,000 2018 Naftzger Park $1,500,000 2017-2018 Planeview Park $1,300,000 2020-2021

15 Future Considerations • Work to finalize building maintenance optimization models will impact future CIP projects • Water and Sewer Utilities projects and financing will be impacted by the recommendations of the Water and Sewer optimization work

16 Schedule DAB’s July 5, 10 & 19 July 6 Advance Plans Committee - MAPC July 10 Bicycle/Pedestrian Committee July 17 Wichita Independent Neighborhoods July 20 Metropolitan Area Planning Commission July 20 City Council August 8 Adoption

17 Discussion • The City Council workshop presentation and discussion is online at: http://www.wichita.gov/Council/Pages/default.aspx • The Proposed CIP document is available online at: www.wichita.gov

2017-2026 PROPOSED Capital Improvement Program Serving You, In Many Ways, Every Day