Capital Planning Procedures & Connection to Strategic Plan The Capital Maintenance & Improvement Plan (CMIP) is a separate budgeting process within the operating budget approved by the City Council on an annual basis. The CMIP procedure is used to plan, budget, and finance the purchase and/or construction/maintenance of large capital infrastructure, facilities, equipment and other capital assets. The City uses this process to ensure expensive, long-lived projects that may occur at irregular intervals are aligned with the City’s strategic direction and that the money is well spent. The CMIP is developed as a 5-year planning tool, with the adopted (current) year forming part of the operating budget. Each individual project includes a plan for the amount to be expended each year and the anticipated method of financing. Additional input and questions on the 2025-2029 CMIP are also received throughout the budget development process during public hearings and in survey results. The City of Tonganoxie has had, and continues to experience, growth with a commensurate demand for services and the financing of major capital improvements. These capital improvements must be structured within the City’s ability to pay to maintain fiscal stability. All CMIP projects are considered and approved based on the City’s priorities and goals of providing the best environment and support for its citizens. Projects will be approved based on their connection to the City's Strategic Plan and impact on the City’s citizens. Sources of Funding for Capital Projects American Rescue Plan Act of 2021 (ARPA) This funding was allocated to numerous entities, including local governments, to speed up the country’s recovery from the impact of the COVID-19 pandemic and recession. Benefit Districts GO Bonds This source reflects a financing and development tool allowing cities to issue general obligation bonds for construction of public improvements and assess the cost to properties that benefit. The bonds are then retired through payment of special assessments by these benefitting properties. Capital Projects Fund Cash is allocated from the Capital Projects Fund to fund maintenance, technology and capital projects. GO Bonds General obligation bonds are a long-term debt tool that finances a variety of public projects, such as streets, buildings and improvements, and are backed by the full faith and credit of the City. The City's Debt, Bond, and Interest Fund is the primary funding source for GO Bond debt obligations. Infrastructure Sales Tax Fund Cash is allocated from the Infrastructure Sales Tax Fund to fund capital projects in addition to other permitted uses of the fund like debt service for the Tonganoxie Public Library. This funding comes from a voter-approved 3/8% sales tax initiative. Other Funds This source of funds includes other funds of the City which are sometimes dedicated to projects within the CMIP. Other Jurisdictions
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