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City Of Elk River <br />CAPITAL IMPROVEMENT PLAN <br />2011 - 2015 <br />Enclosed is the City of Elk River's Capital Improvement Plap (CIP) for the yeazs 2011- <br />2015. The document has been prepazed for the City Council ahd Community to <br />anticipate major expenditures in advance of the yeaz they may become budget requests. <br />The CIP is a planning tool that forecasts the City's capital needs over afive-year period <br />based on the City's long-range plans, goals, and policies. Citq staff estimates the amount <br />of funding that is needed for projects to be completed in the next five years. Projects <br />listed in the first year are included in the budget and upon each annual, update of the CIP <br />some projects will be deleted, added, or even delayed reflecting community needs and <br />financial ability to fund the project. <br />Approval of the CIP by CounciDia <br />project nor allocate funding for aaz <br />support and acknowledgement of <br />authorize spending or initiation of a'given <br />-:.projects; it simply states that the Council's <br />ital Improvement Plan as a planning tool. <br />Capital improvements to streets, parks,' <br />included in the CIP. This plan shows th <br />funding source. Specific information is <br />~uipment, softwaze, and vehicles aze <br />3 project costs and the anticipated <br />each project within this document. <br />esignation on ttiejpriority of the projects. This uniqueness <br />is associated wifh! funding source. Cash flow estimates <br />ash reserve levels associated with the project funds. <br />