CAPITAL IMPROVEMENT PROGRAM
Chart 2 Revenue by Fund Source Total: 85,304,000
AMP 2.93%
IBC Fees 7.50%
Rehab Reserve 11.72%
NITM Fees 7.83%
GP DOF 3.40%
Irvine Recovery 5.86%
GP 1.08%
M2 Fairshare 13.82%
RMRA 18.65%
SDC Fees - NC 5.56%
Gas Tax 2.70%
Park In-Lieu 3.49%
SDC Fees - Circ 15.45%
Five-Year Capital Improvement Program As the City of Irvine looks to the future, City leaders and staff envision a community that has planned for growth and development and provides its citizens with quality services and programs. As one of the fastest growing and diverse cities in Orange County, Irvine must meet the challenges of growth by providing adequate capital improvements for its citizens. Capital improvement projects are a major component in planning for the future of the City. The five-year Capital Improvement Program (CIP) forecasts infrastructure-related expenditures based on anticipated residential, commercial, and industrial development, as well as current condition of Irvine’s infrastructure. CIP revenue projections are based on economic conditions, development estimates, special fund balances, and grants awarded to the City. The CIP is focused on preserving health, safety, and long-term viability of infrastructure assets. It is also focused on implementing projects that enhance citywide mobility. The first two years of the CIP will become the capital budget for which project funding will be authorized. The remaining three years serve as a guide for future capital investments. Reference Table 4 for a complete list of identified projects and funding sources.
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FY 2023-25 Adopted Budget
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