CAPITAL IMPROVEMENT PROGRAM

The City updates its 5-Year Capital Improvement Program (CIP) annually by Resolution

Capital Improvement Program (CIP)

• The CIP is a list of planned capital projects for the upcoming 5 year period with the estimated costs and the anticipated method of financing

• Must be financially feasible - meaning sufficient revenues are available or will be available from committed funding sources

• Includes project costs and schedules over a 5 year period to meet the infrastructure needs of the City of Ft. Myers as well as the

acquisition of large or specialized equipment

• Incorporates needs identified in the Capital Improvement Element of the City’s Comprehensive Plan as required under the Growth

Management Act of 1985



To qualify as a Capital Improvement, a project must:

Result in the creation or revitalization of a major fixed asset

- e.g. major repairs or replacement of buildings, bridges, utility mains, roads or parks, property or equipment overhaul acquisition

Have a useful life of at least 5 years

Have a value of at least $50,000

- Public Works improvements to the same street segment that total over $50,000 in aggregate (i.e. water and sewer, plus reclaimed

water together exceed $50,000) will continue to be considered capital projects




Capital Improvement Budget (CIB)

• The CIB is the first year component of the Capital Improvement Program

• In adopting the CIB, Council appropriates funding for the estimated expenditures related to the upcoming fiscal year while

approving, in concept, the plan for future years

• The Capital Budget differs from the Operating Budget in that a project’s appropriated funding does NOT expire at the end of each

fiscal year but rather carries over from year to year until the project is complete

Capital project expenditures are divided into seven categories

Buildings
Development
Equipment
parks and beau
stormwater
transportation
utilities

Fiscal Year 2021 CIP Budget (CIB) is $89,019,900

5-Year (2021-2025) Total is $646,977,200

Fiscal Year 2021 Budget ($) by Category


Other Includes:

  • $3,829,400 - Utility R&R
  • $3,040,000 - Stormwater Fund
  • $2,806,700 - CRA with funds on deposit within the Community Redevelopment Trust fund
  • $2,797,000 - Utility Bonds
  • $2,074,000 - Solid Waste Fund
  • $1,155,000 - 5-Cent Fuel Tax Fund
  • $1,150,000 - Park Impact Fees
  • $800,000 - Fire Impact Fees
  • $500,000 - Parking Fund
  • $462,200 - General Fund
  • $150,000 - Fort Myers Golf Course Fund
  • $130,000 - Yacht Basin Fund
  • $75,000 - Cemetery Trust Fund

Funding Sources Include:

• Operating Funds

- General Fund​​

- Stormwater​

- Solid Waste​

- Utility​


• Renewal & Replacement Funds​


• Fuel Taxes​

- 5-cent (Gas Tax Construction Fund)​

• Impact Fees

- Road​

- Fire​

- Park​

- Water​

- Sewer​


• Debt​

- Bonds​

- Notes​

- Lines of Credit​

- Leases​

5-Year Totals ($) by Category


Other (3.63%) includes:

  • $16,027,200 - Stormwater
  • $7,458,200 - Development

5-Year Totals ($) by Ward


Other (25.36%) includes:

  • Ward 3 $43,861,700
  • Ward 6 $28,154,500
  • Combinations:
    • Wards 3 & 4: $54,420,000
    • Wards 2 & 4: $11,211,000
    • Wards 1 & 2: $7,155,000
    • Wards 4 & 5: $1,274,000
    • Wards 1 & 3: $1,200,000
    • Wards 3 & 5: $500,000
    • Multiple: $18,461,100

COMPREHENSIVE PLAN ELEMENTS (CPE)

Other (2.90%) Includes:
  • Element 8: $8,839,300
  • Element 1: $5,700,000
  • Element 3: $3,290,000
  • Element 9: $930,500

  1. Future Land Use – To ensure that the general patterns and relationships (distribution, allocation, and intensity) of all land uses within, and adjacent to, the City remain or become acceptable to the present and future community of Ft. Myers.
  2. Transportation – To provide an efficient, safe, and responsive City transportation system consistent with environmental and land use goals.
  3. Housing – To ensure the provision of a sufficient supply and variety of sound, safe and affordable living units.
  4. Municipal Services – To provide a satisfactory and economical supply of high-quality water to present and future users.
  5. Conservation and Coastal Management – The City shall provide and maintain its ownership of submerged lands within the Caloosahatchee River by managing the property in the best interest of the public.
  6. Recreation and Open Space – To ensure adequate Recreation and Open Space opportunities for all sectors of the community.
  7. Public Safety – To endeavor to protect the public safety and welfare of the residents and visitors to the City.
  8. Community Appearance – Preserve, maintain, and enhance the existing positive elements, and identify and rectify all the negative elements of our community appearance.
  9. Historic Preservation – Every effort shall be made to identify and protect prehistoric sites, structures and districts that meet national, state, or local criteria for historic designation from destruction or harmful alteration.
  10. Capital Improvements – To ensure the provision of adequate public facilities in a timely, efficient, and cost-effective manner.
  11. Intergovernmental Coordination – Build affiliations with the City’s neighboring governments and public agencies to enrich, preserve, and enhance the overall quality of life for the citizens of Ft. Myers.
  12. Concurrency Management – To ensure that all needed public facilities and services are available concurrent with the impacts of development

COMPREHENSIVE PLAN NEEDS (CPN)

The projects are labeled into four types of Needs”:

  • M – Mandatory projects are deemed mandatory because of
contractual obligations; mandated by State, Federal or other
regulations; or health, safety, welfare considerations
  • CP-1 – Comprehensive Plan Level of Service Deficiencies
  • CP-2 – Comprehensive Plan Goals and Objectives
  • D – Discretionary projects are those submitted that do not fall into
the above categories and may not meet the documented goals and
objectives of the Comprehensive Plan

5-Year Totals ($) by Category