City of Biddeford, Maine Capital Improvement Plan for FY2017

City of Biddeford, Maine FY2017 CIP Purpose of CIP At this point… –It is a planning document –Not a funding document –Needs to be integrated with FY2017 budget –Will be revised at time of budget adoption

City of Biddeford, Maine FY2017 CIP All Assets of City On June 30, 2015… Municipal Only –Land$ 7,018,780 –Construction in progress $ 47,466 –Buildings and improvements$10,440,550 –Vehicles and Equipment$12,232,141 –Infrastructure$ 55,264,246 Totals* $ 85,003,183 *not including depreciation

City of Biddeford, Maine FY2017 CIP Assets of City On June 30, 2015… School Only –Land$ 827,675 –Construction in progress $ 0 –Buildings and improvements$ 67,009,553 –Vehicles and Equipment$ 3,274,951 –Infrastructure$ 526,959 Totals* $ 71,639,138 *not including depreciation

City of Biddeford, Maine FY2017 CIP Assets of City On June 30, 2015… Business-type activities –Land$ 204,275 –Construction in progress $ 2,150,436 –Buildings and improvements$ 4,545,564 –Vehicles and Equipment$15,326,600 –Infrastructure$ 17,003,136 Totals* $ 39,230,011 *not including depreciation

City of Presque Isle, Maine 2013 CIP Total Assets of City On June 30, 2015… –Land$ 8,050,730 –Construction in progress $ 2,197,902 –Buildings and improvements$ 81,995,667 –Vehicles and Equipment$ 30,833,692 –Infrastructure$ 72,794,341 Totals* $195,872,332 *not including depreciation

Depreciation Accounting measure to show the reduction of value over time Total accumulated depreciation (as of ) –City assets ($41,513,371) –School assets ($20,016,191) –Business-type ($13,483,432) $75,012,994 Total City of Biddeford, Maine FY2017 CIP

City of Biddeford, Maine FY2017 CIP Sources for CIP –Current tax dollars –Use of unassigned fund balance (surplus) –Use of long term debt –Grants –State or federal dollars –Other

City of Biddeford, Maine FY2017 CIP CIP and GASB 34 GASB 34 reporting requirement –Fairly new requirement; 11 years old –Requires reporting of all capital assets and the depreciation on those capital assets Opportunity to measure community investment –If depreciation reported… Equals capital investment then ok Exceeds capital investment then deferring costs for future taxpayers Is less than capital investment then making up for past deferments New capital versus replacement capital

City of Biddeford, Maine FY2017 CIP Capital Investment vs. Depreciation

City of Biddeford, Maine FY2017 CIP Capital Investment vs. Depreciation

City of Biddeford, Maine FY2017 CIP Capital Investment vs. Depreciation

City of Biddeford, Maine FY2017 CIP Capital Investment vs. Depreciation

City of Biddeford, Maine FY2017 CIP Capital Investment vs. Depreciation

City of Biddeford, Maine FY2017 CIP Capital Investment vs. Depreciation

City of Biddeford, Maine FY2017 CIP Capital Investment vs. Depreciation

City of Biddeford, Maine FY2017 CIP Capital Investment vs. Depreciation

City of Biddeford, Maine FY2017 CIP 2017 to 2021 Funding Requests 2017 –$13,547,244 in requests; $12,227,707* 2018 –$16,622,081 in requests; $15,045,081* 2019 –$15,129,725 in requests; $15,778,725 * 2020 –$6,413,217 in requests; $8,608,754* 2021 –$4,515,320 in requests; $4,515,320 * * City Manager recommendation

City of Biddeford, Maine FY2017 CIP 2017 to 2021 Impact on City Operating Budget 2017 –$4,193,144 in requests; $2,473,607* 2018 –$5,773,794 in requests; $6,146,794* 2019 –$6,926,448 in requests; $7,575,448* 2020 –$4,049,148 in requests; $4,744,685* 2021 –$2,487,712 in requests; $2,487,712* * City Manager recommendation

City of Biddeford, Maine FY2017 CIP All Requests By Departments Airport$ 500,000 City Hall Depts$ 924,775 Engineering$17,118,800 Facilities$ 3,412,450 Fire Dept$ 2,704,402 Ice Arena$ 495,137 Library$ 108,500 Public Works$13,865,472 Recreation & Parks$ 1,955,451 Street Lights$ 1,000,000 Wastewater$14,142,600 TOTALS$56,408,487

Changes in State Funding City of Biddeford, Maine FY2017 CIP

City of Biddeford, Maine FY2017 CIP 2017 CIP Specifics Five year identification of needs and suggested funding sources Current year is more defined… Years 2 through 5 are less defined… Includes multiple funding sources

City of Biddeford, Maine FY2017 CIP 2017 Requests By Departments Airport$ 500,000 City Hall Depts$ 252,775 Engineering$ 7,081,160 Facilities$ 807,450 Fire Dept$ 158,722 Ice Arena$ 495,137 Library$ 25,000 Public Works$ 2,829,000 Recreation & Parks$ 245,400 Street Lights$ 0 Wastewater$ 1,152,600 TOTALS$13,547,244

City of Biddeford, Maine FY2017 CIP Next Steps Council review of draft CIP; assign to a committee for review Council receives FY2017 budget Integration of budget and PICIP Council deliberates, modifies (if appropriate), and passes CIP