1. City of Biddeford, Maine Capital Improvement Plan
for FY2017

2. City of Biddeford, Maine
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

3. City of Biddeford, Maine
All Assets of City
On June 30, 2016…
Municipal Only
Land $ 7,018,780
Construction in progress $ ,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

4. City of Biddeford, Maine
Assets of City
On June 30, 2016…
School Only
Land $ ,675
Construction in progress $
Buildings and improvements $ 67,009,553
Vehicles and Equipment $ 3,274,951
Infrastructure $ ,959
Totals * $ 71,639,138
*not including depreciation
City of Biddeford, Maine
FY2017 CIP

5. City of Biddeford, Maine
Assets of City
On June 30, 2016…
Business-type activities
Land $ ,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 Biddeford, Maine
FY2017 CIP

6. City of Biddeford, Maine
Total Assets of City
On June 30, 2016…
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
City of Biddeford, Maine
2017 CIP

7. City of Biddeford, Maine
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

8. City of Biddeford, Maine
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
City of Biddeford, Maine
FY2017 CIP

9. City of Biddeford, Maine
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

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

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

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

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

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

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

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

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

18. City of Biddeford, Maine
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

19. 2017 to 2021 Impact on City Operating Budget
$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

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

21. Changes in State Funding
City of Biddeford, Maine
FY2017 CIP

22. City of Biddeford, Maine
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

23. 2017 Requests By Departments
Airport $ 500,000
City Hall Depts $ ,775
Engineering $ 7,081,160
Facilities $ ,450
Fire Dept $ ,722
Ice Arena $ ,137
Library $ ,000
Public Works $ 2,829,000
Recreation & Parks $ ,400
Street Lights $
Wastewater $ 1,152,600
TOTALS $13,547,244
City of Biddeford, Maine
FY2017 CIP

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