city of biddeford, maine capital improvement plan for fy2017

City of Biddeford, Maine Capital Improvement Planfor 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


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


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



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


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


Depreciation

• Accounting measure to show the reduction of value over time

• Total accumulated depreciation (as of 6.30.15)– City assets ($41,513,371)– School assets ($20,016,191)– Business-type ($13,483,432)

• $75,012,994 Total

City of Biddeford, MaineFY2017 CIP


Sources for CIP

• Sources for CIP– Current tax dollars

– Use of unassigned fund balance (surplus)

– Use of long term debt

– Grants

– State or federal dollars

– Other


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


Capital Investment vs. Depreciation

FY12 FY13 FY14 FY15$0

$2,000,000

$4,000,000

$6,000,000

$8,000,000

$10,000,000

$12,000,000

$14,000,000

Capital Investment Depreciation/Retirement


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


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


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

2008

2010

2012

2014

$0

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

$1,400,000

$1,600,000

$1,800,000

$2,000,000

Rev Sharing

Rev Sharing



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


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


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

city of biddeford, maine capital improvement plan for fy2017

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