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4.8 SR 12-06-2021
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4.8 SR 12-06-2021
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12/2/2021 3:01:10 PM
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12/6/2021
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City staff estimates the amount of funding that is needed for projects to be completed in <br />the next five years. This uniqueness of the type of project generally is associated with a <br />funding source. Cash flow estimates are done frequently to review cash reserve levels <br />associated with the project funds. Projects listed in the first year are included in the <br />budget and upon each annual update of the CIP some projects will be deleted, added, <br />or even delayed reflecting community needs and financial ability to fund the project. <br />Approval of the CIP by Council does not authorize spending or initiation of a given <br />project nor allocate funding for any of the projects. The City Council simply supports and <br />accepts this document with the provision that capital improvement planning is subject to <br />the dynamics of community growth and political leadership and acknowledges that other <br />unanticipated needs may take precedence over planned projects <br />3 <br />
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