Neighborhood improvement projects can be initiated by citizens, or staff, and are reviewed and voted for inclusion in the Neighborhood Improvement Program (NIP) by the Neighborhood Improvement Committee. This committee is comprised of representatives from the various neighborhoods within the City. Projects included in the Neighborhood Improvement Program are funded from the NIP Fund, which annually receives 16% of the transient occupancy tax collected by the City.
Click on Community
Improvements to see a list of 1998-99 community improvement project
descriptions.
Click on Neighborhood
Improvements to see a list of 1998-99 neighborhood improvement project
descriptions.
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The table below shows the dollar
amounts provided by each funding source. The General Fund and Neighborhood
Improvement Fund account for 70% of capital improvement project expenditures
for 1998-99.
| Funding Source | $ |
| General | 4,006,000 |
| Gas Tax | 809,400 |
| Parking | 353,000 |
| Tidelands | 250,000 |
| Sports Center | 100,000 |
| NIP Fund | 2,081,000 |
| Fed/State | 1,134,250 |
| Park Dedication | 20,000 |
| Total | 8,753,650 |
City Budget
Home Page
City
of Monterey Home Page
Rev 11/04/98 J. Splane http://www.monterey.org/budget/cipfunds.html