Title
Capital Facilities Plan 2025-2030 Financial Plan Discussion & Questions with Chapter Contributors
Recommended Action
Information only. No action requested.
Report
Issue:
Discussion on the Preliminary Capital Facilities Plan 2025-2030 Financial Plan.
Staff Contact:
Casey Schaufler, Associate Planner, Community Planning and Development, 360.753.8254
Presenter(s):
Casey Schaufler, Associate Planner
Background and Analysis:
Earlier in the year, Commissioners decided to utilize a finance subcommittee for purposes of reviewing and developing a recommendation on the Preliminary Capital Facilities Plan, 2025-20330 Financial Plan (CFP). Commissioners will discuss the draft document, review questions submitted to City staff chapter contributors, discuss staff responses, and determine if additional information is needed prior to the September 16, 2024, public hearing. In addition, the Finance Subcommittee will draft a comment letter to the City Council, for consideration by the full Planning Commission at its first meeting in October.
The Preliminary CFP can be accessed from the City's budget webpage, attached.
Climate Analysis:
The wide variety of projects included in the CFP, to occur over a number of years, can make it challenging to assess changes to emissions. Overall, the projects proposed help reduce greenhouse gas emissions by addressing energy use in city-owned buildings, electric vehicle infrastructure, transportation projects that also benefit bicyclists and pedestrians, and projects designed to increase capacity and efficiency or our drinking water, wastewater, and stormwater systems.
By continuing to serve our community members, as well as accommodating new growth, within the existing City limits and urban growth areas, we are working to create a compact and urban community. This helps us reduce emissions from the transportation sector by promoting active forms of transportation and providing for shorter trips required in order to meet our da...
Click here for full text