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.
|
|
The table below shows the amounts provided by
each funding source for 2004-05.
|
|
Funding Source |
ADOPTED |
| General Fund |
$1,160,500 |
| Gas
Tax |
545,000 |
| Tidelands Trust |
500,000 |
| Sewer
Line Maintenance ** |
240,000 |
| Parking |
544,000 |
| Monterey
Sports Center Endowment |
325,000 |
| 20 A Fund |
75,000 |
| Presidio
of Monterey Public Works Authorizations |
246,000 |
| Public
Safety Training Fund |
12,500 |
|
Total CIP Budget 2004-05 |
$3,648,000 |
|
|
|
** An additional $125,000 from
Sewer Fund ending balance is available from previous program years.
Return to top
Return
to Budget Main Page | Financial
Policies
General Fund Revenues |
Revenues by Program | Special Funds Revenues
General Fund Expenses |
Operating Expenses by Program
Capital Improvements Program |
Neighborhood Improvement Program
Staffing by
Program | Demographics & Statistics |
Budget Dates
Revised
10/25/07 L. Huelga
http://www.monterey.org/budget/2004_05/cip.html |
