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A Continuation of the Review of the Recommended Five-Year Capital Improvement Plan (CIP) for FY 2026-2030.
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Introduction
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This is a continuation of the Finance Committee’s review and discussion of the Capital Improvement Plan for the 2026 fiscal year's budget.
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Recommended Action
Provide direction to staff on a recommended CIP to advance to the Village Board for review.
Prior Board Action
This is a continuation of a discussion with the Finance Committee on the proposed FY 26 CIP plan.
Background
As part of the annual budget process, the Finance Committee presents a staff-recommended five-year Capital Improvement Plan (CIP). Upon adoption by the Board, only the first year of the CIP will be formally appropriated as part of the FY26 operating budget.
To support informed decision-making, alternative scenarios of the five-year CIP have been developed for the Finance Committee’s review. These scenarios subdivide the plan and its projects based on their essentiality, providing greater clarity on the potential impacts of prioritizing critical versus discretionary investments.
The scenarios include the recommendation made by the Fiannce Committee during their last review of the CIP and are listed below:
• $2,250,000 Increase for the purchase of a Fire Department Ladder Truck
• $75,000 Decrease for Document Scanning
• $200,000 Decrease for North Ave. Gateway
• $100,00 Decrease for North Ave. Streetscape Design
• $521,000 Decrease for Public Works Fleet Vehicle Replacement
• $120,000 Decrease for Administration Fleet Replacement
• $624,550 Decrease for Public Works Center MEPS Work
• $70,000 Decrease for Public Works Center Overhead Door Replacement
• $70,000 Decrease for Public Works Center Bird Deterrent Window Film
• $60,000 Decrease for Public Works Center LED Lighting Upgrades
• $50,000 Decrease for Public Works Center Emergency Panel Upgrades
• $55,000 Decrease for Fire Station One Rear Apron Replacement
Timing Considerations
This discussion is part of the process to approve the FY 26 budget anticipated for approval on December 2, 2025.
Budget Impact
This discussion is related to the development of the FY 26 budget anticipated for adoption on December 2, 2025.
Staffing Impact
There is no staffing impact associated with this item.
DEI Impact
There is no DEI impact associated with this item.
Community Input
There has been no community input given in relation to this item aside from the publically available draft budget on the web. A formal public hearing is scheuduled in November.
Staff Recommendation
Provide direction to staff on a recommended CIP to advance to the Village Board for Review.
Alternatives
This item is part of an on-going discussion with the Finance Committee.
Anticipated Future Actions
Staff will prepare the final document for Village Board adoption in December.
Prepared By: Donna M. Gayden, Interim Chief Financial Officer
Reviewed By: Lisa Shelley, Deputy Village Manager
Approved By: Kevin J. Jackson, Village Manager
Attachment(s):
1. CIP Executive Summary Essential 2026-2030
2. CIP Executive Summary Essential 2027-2030
3. CIP Executive Summary Optional 2026-2030