City of Irvine - Fiscal Year 2019-21 Proposed Budget

CAPITAL IMPROVEMENT PROGRAM

Table 6 Open CIP Projects

Remaining Balance

Project Name

Budget

AS OF MARCH 2019 ALTON/I5 SOUTHBOUND RAMPS

257,329

257,273

BAKE AND JERONIMO

6,926,002

6,917,360

BAKE PKWY/IRVINE (PHYS.IMPRV.) I-405 AT IRVINE CENTER DRIVE I-5 AT BAKE PKWY (SB OFF-RAMP) I-5 AT SAND CANYON NB ON-RAMP JAMBOREE & I5 NORTHBOUND RAMPS JAMBOREE & I5 SOUTHBOUND RAMPS JAMBOREE/IRVINE INTERSECTION LK FRST&AVE DE CARLOTA/I5 SB

783,000 119,102 116,188 38,405 110,809 51,838 138,000 853,000 356,185 61,000 272,000

781,442 119,102 116,188 38,405 110,809 51,838 138,000 853,000 178,336 61,000 272,000

RED HILL & IRVINE ATMS

SAND/OAK CANYON INTER IMPROVNT TMSOS LAKE FOREST DR/I5 SB RMP

SUBTOTAL

10,082,858

9,894,754

TOTAL CIP PROJECTS

309,022,948

188,577,260

Conclusion The CIP Budget provides funding for infrastructure construction and rehabilitation efforts, including improvements to the City’s circulation network and public facilities. The CIP Budget represents a balanced long-term plan reflecting the City Council’s strategic goals and priorities outlined in the Strategic Business Plan. Implementation of these projects are expected to maintain current standards for maintenance and rehabilitation of the City’s infrastructure and facilities.

The complete list of the two-year CIP budget are provided in the following pages along with project budget sheets for each CIP project to include project description, location, timeline, and funding.

FY 2019-21 Proposed Budget

385

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