2016-2020_Financial_Plan

Capital Planning Process

2016-2020 FINANCIAL PLAN

CAPITAL RANKING MODEL

PRIORITIZATION

The City’s Capital Ranking Model separates projects into four categories:

COUNCIL PRIORITIES

Projects that Council deems to be high priority.

SUSTAINING CAPITAL

Small-scale projects designed to maintain the City’s existing infrastructure, such as

investments in Information Technology (IT), building renovations and the purchase of

furniture and equipment.

CAPITAL FROM STATUTORY RESERVE FUNDS

Improvements to and expansions of sewer, water, and road systems funded by DCCs.

LARGE SCALE CAPITAL

A selection of proposed large scale capital projects. The model uses six criteria:



Purpose;



Consistency with Master Plans;



Technical feasibility;



Economic benefit;



Social and environmental quality; and



Availability of funding.

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