Capital Improvement Program
The Capital Improvement Program (CIP) is
comprised of community capital improvement projects and neighborhood improvement
projects. Community capital improvement projects are
generally initiated at the City staff level. Community capital improvement projects
can be funded from a variety of City funding sources, as well as grants, matching funds,
and other revenues from outside governmental agencies.
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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 revenue collected by
the City.
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The table below shows the amounts provided by
each funding source for 2001-02.
|
| Funding Source |
$ |
| |
|
| General Fund |
2,107,000 |
| Gas Tax Fund |
690,000 |
| Parking Fund |
60,000 |
| Tidelands Trust Fund |
400,000 |
| Sewer Line Maintenance
Fund |
475,000 |
| Neighborhood Improvement
Fund |
2,313,978 |
| Civic Center Expansion
Fund |
1,000,000 |
| Window on the Bay Fund (Catellus) |
1,000,000 |
| Monterey Sports Center Expansion |
4,500,000 |
| |
|
| Total CIP Budget 2001-02 |
12,685,978 |
Return to top
Budget Overview
Total Revenues - All |
General Fund Revenues |
Special Funds Revenues
Operating Expenditures - All |
General Fund Operating Expenditures
Capital Improvements Program |
Staffing by Program
General Fund Revenue &
Expenditure Trends |
Demographics
& Statistics
Rev.12/03/01 J. Splane
http://www.monterey.org/budget/2001/cip.html |
