Capital Improvement Plan

 

A Capital Improvement Plan is a tool to assess the long-term capital needs of a city and to establish funding of high-priority projects in a timely and cost-effective fashion. For several years the City had prepared multi-year capital improvement plans, although limited in scope. The City has been continuously refining the process of long-term capital planning. The goal has been to replace and repair deteriorating infrastructure and to add new facilities to insure the quality of life that St. Peters' residents enjoy. As part of an evolving planning process, during the 1997/1998 Fiscal Year the City prepared its first comprehensive Capital Improvement Plan.


The Capital Improvement Plan is intended to ensure that policy makers are responsible to residents and businesses of St. Peters with respect to the expenditure of City funds for capital projects. Implementation of the plan is intended to provide residents and businesses the high quality infrastructure and continued and efficient provision of services they expect.

The Capital Improvement Plan lists projects, describes them, estimates the costs and describes the funding method to be utilized. Projects in the Capital Improvement Plan were identified by operating departments and reviewed by City elected officials and staff. Project cost estimates were also provided by operating departments. Prioritizing of projects was initiated at the departmental level with final review, prioritizing and approval by the Board of Aldermen.

The capital projects and acquisitions included in the plan are fixed assets or major maintenance with a useful life of at least two years or improvements that extend the life of an existing City fixed asset by at least two years. Descriptions are provided for projects and capital assets that cost $50,000 or higher, projects with components that exceed $50,000 and multi-year projects that cost $50,000 or more over the next five years.


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Capital Improvement Plan - FY '12

Capital Improvement Plan - FY '11

Capital Improvement Plan - FY '10

Capital Improvement Plan - FY '09

Capital Improvement Plan - FY '07

Capital Improvement Plan - FY '06

City of St. Peters Finance Department
PO Box 9
St. Peters, MO 63376

 

Call ext. 1211 at either 636.278.2244 or 636.477.6600.