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City outlines FY19—123 CIP process; projects must exceed $50,000 and last 5+ years to qualify
Summary
Budget analyst Torrey Askew briefed council on the FY19—123 Capital Improvement Plan process: projects must be at least $50,000 with a lifespan greater than five years; the CIP will include maintenance and council-priority projects, with planning commission briefing April 19 and council review April 25.
Budget analyst Torrey Askew summarized the components and outreach steps for the city's FY19—123 Capital Improvement Plan.
"In order for a project to be to qualify for, the capital improvement plan, it must be at least $50,000 and have a life span greater than 5 years," Askew said, explaining the maintenance and council-priority components of the CIP. He said the CIP committee reviewed project requests, revenue sources and priorities during November through February and has met with boards and commissions; he listed the Coliseum Central Board, Downtown Hampton Development Partnership, Economic Development Authority and other stakeholder groups.
Askew said the planning commission will be briefed on April 19 to request a recommendation, and city council will receive a CIP briefing and request to approve the proposed FY19—123 plan on April 25.
