File #: 24-0783    Version: 1
Type: public hearing Status: Filed
File created: 9/17/2024 In control: City Council
Agenda date: 10/29/2024 Final action: 10/29/2024
Title: Public Hearing on the Preliminary Capital Facilities Plan, 2025-2030 Financial Plan
Attachments: 1. Link to Preliminary 2025-2030 Capital Facilities Plan, 2. Olympia Planning Commission Comment Letter, 3. Olympia Planning Commission Q&A Summary, 4. Utility Advisory Committee Comment Letter, 5. Bicycle and Registration Advisory Committee Comment Letter, 6. Parks and Recreation Advisory Committee Comment Letter, 7. Link to Finance Webpage
Title
Public Hearing on the Preliminary Capital Facilities Plan, 2025-2030 Financial Plan

Recommended Action
Committee Recommendation:
Not referred to a Committee.

City Manager Recommendation:
Hold a public hearing for the Preliminary Capital Facilities Plan, 2025-2030 Financial Plan.

Report
Issue:
Whether to hold a public hearing for the Preliminary Capital Facilities Plan, 2025-2030 Financial Plan.

Staff Contact:
Casey Schaufler, Associate Planner, Community Planning and Development, 360.753.8254
Joyce Phillips, Principal Planner, Community Planning and Development, 360.570.3722

Presenter(s):
Casey Schaufler, Associate Planner, Community Planning and Development

Background and Analysis:
The Capital Facilities Plan (CFP) is Volume 2 of the City's 20-year Comprehensive Plan adopted by the City Council in 2014. The CFP portion of the Plan is updated annually.

The CFP identifies which capital facilities are necessary to support development and/or growth, as well as infrastructure improvements needed in our community. Most projects identified are directly related to the applicable master plan, such as the Parks, Arts and Recreation Plan, the Storm and Surface Water Plan, the Transportation Master Plan, and other similar plans. The Comprehensive Plan covers a 20-year time horizon; however, the Preliminary CFP, 2025-2030 Financial Plan is a 6-year financial plan. It is required by the Growth Management Act and includes specific projects, cost estimates, funding sources and strategies to implement the plan.

City staff annually reviews and updates the 6-year plan to ensure it can fund and implement the comprehensive plan vision, showing how the city will provide governmental services at adopted levels of service standards for the existing and projected population growth in the City and Urban Growth Area.

The Planning Commission is responsible for reviewing the plan for consistency with the other chapters of the Comprehensive Plan, holding a Public Heari...

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