CAPITAL IMPROVEMENT PLAN
Fiscal Year 2023-28
Explore the ongoing work we are doing to make our community a better place to live
Welcome to the City of Rancho Cordova's
Capital Improvement Plan Budget
Introduction
The FY 2023/24 – FY 2027/28 Capital Improvement Plan (CIP) represents the FY 2023/24 and FY 2024/25 Capital Improvement Budgets and the three-year plan for FY 2025/26 – FY 2027/28. The CIP provides program summary information for the City’s various capital improvement funding programs, as well as project summary information (revenue and expenditures) for the specific projects selected for implementation during the CIP period.
Background
The FY 2023/24 – FY 2027/28 CIP describes the five-year plan for allocating funds from the Measure A Transportation Sales Tax, Impact Fee Programs, Community Enhancement Fund, State and Federal Grants, Gas Tax, Road Maintenance and Rehabilitation Account, Roadway Fund, Supplemental Transportation Fee, Storm Water Utility Fee, and Transit Related Services Area Tax. Expenditures on individual projects are presented to the City Council for approval during the bi-annual budget process. Specific project budget augmentations may also be made by the City Council during regular scheduled council meetings.
Project Descriptions and Expenditures
The project descriptions vary on the amount of detail provided and depend on the developmental stage that applies to each project. In the case of newly proposed projects, the costs and descriptions rely on information available from the respective capital improvement plans containing those projects (i.e., impact fees and special financing districts) or prior experience on similar projects. Additionally, there are some projects that are identified as “Credit” projects which will be built by the development community and accepted by the City as assets. The developers are issued “credits” to be applied to the impact fees associated with the specific improvement based on the estimated costs in the fee programs.
Subsequent updates to the CIP will produce more uniform and detailed cost estimates, phasing assumptions, and descriptions as projects are further refined and developed. Funding allocations (budgeted funding) are estimates of expenditures for the Fiscal Years 2023/24 and 2024/25.
Capital Budget Financial Summaries
Check out the ongoing projects in our OpenGov Capital Improvement Map. These projects are included in our FY 2023/24 -2027/28 Five Year CIP summary, found in the adopted budget. Go ahead and click on any of the projects below to see the Project Description and Location. For further detail, below the map are tiles for our CIP categories: Alternative Transportation, Roadway/Transportation, Stormwater, Citywide and Completed Projects. To view specific projects, click on the title to navigate to the main page
Rancho Cordova Capital Improvement Map
In this section, Alternative Transportation Projects are organized in alphabetical order by project name. The project summaries provide total revenues and expenditures, project or program descriptions, project location maps and estimated completion dates.
In this section, Roadway/Transportation Projects are organized in alphabetical order by project name. The project summaries provide total revenues and expenditures, project or program descriptions, project location maps and estimated completion dates.
In this section, Stormwater Projects are organized in alphabetical order by project name. The project summaries provide total revenues and expenditures, project or program descriptions, project location maps and estimated completion dates.
In this section, Citywide Projects are organized in alphabetical order by project name. The project summaries provide total revenues and expenditures, project or program descriptions, project location maps and estimated completion dates.
In this section, Completed Projects are organized in alphabetical order by project name. The project summaries provide total revenues and expenditures, project or program descriptions, project location maps and estimated completion dates.