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.
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.
Click on Community Improvements to see a list of 2002-03 community capital improvement project descriptions.
Click on Neighborhood Improvements to see a list of 2002-03 neighborhood improvement project descriptions.

 

The following pie chart depicts the percentage allocation for CIP expenditures for 2002-03 by funding source.

 
The table below shows the amounts provided by each funding source for 2002-03. 
Funding Source ADOPTED
   
General Fund $1,352,000
Monterey Sports Center Reserve 82,000
Neighborhood Improvement 2,052,024
Gas Tax 700,000
State Street Improvement Grants 1,062,500
Window on the Bay - 2002 Bond Issue 365,000
Tidelands Trust 600,000
Sewer Line Maintenance 225,000
State Environmental Improvement Grant 200,000
Presidio of Monterey

547,399
   
Total CIP Budget 2002-03 $7,185,923

 

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Revised 10/25/07 L. Huelga http://www.monterey.org/budget/2002_03/cip.html