CAPITAL IMPROVEMENT PROGRAM
Rehabilitation Plans to manage rehabilitation concentrate on specific areas each year, enabling cost management through economies of scale. This permits the City to pay for current maintenance and rehabilitation, while anticipating and planning for future needs. The two-year CIP budget provides $46.3 million in rehabilitation projects to further the City Council’s strategic priority of allocating funding to maintain the City’s aesthetics and preserve its infrastructure assets at a high level. In addition to capital expenditures, Irvine spends millions of dollars from the operating budget each year for preventive maintenance, including storm drain inspection and cleaning; graffiti and litter removal; mowing; tree trimming; and regular upkeep of traffic signals. Proper attention to preventive maintenance extends the useful life of the City’s assets and prevents expensive structural problems. New Construction New constr uction projects preserve and enhance the City’s ability to serve the community and sustain Irvine’s planned growth. The two -year CIP budget provides $38.9 million in new construction related projects which accounts for approximately 46 percent of the total allocation. Significant new construction projects are anticipated for arterial road improvements, signal and intersection improvements, open space trails, and Great Park infrastructure and construction projects. The two-year CIP budget projects are summarized by category in Table 2 and Chart 1. Capital improvement projects for both fiscal years consist of $8.1 million for facility projects, $3.8 million for Great Park projects, and $73.4 million for street and mobility projects. Due to the long construction periods of most significant CIP projects, capital expenditures tend to span several years. Information for continuing City CIP project appropriations that have been funded in prior years are provided in Table 5 of this section. These continuing projects are re-evaluated annually during the fiscal year-end review period and completed projects are closed out during this process.
Table 2 CIP Project Summary
Project Category
New Construction
Rehabilitation
Total
Facility Improvements
7,975,000
150,000
8,125,000
Great Park Improvements
-
3,825,000
3,825,000
Street & Mobility Improvements
31,005,000
42,349,000
73,354,000
Total
38,980,000
46,324,000
85,304,000
FY 2023-25 Adopted Budget
375
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