Title
Water Resources Capital Facilities Plan (CFP) for 2018-2023
Recommended Action
UAC Deliverable:
Recommendation to City Council and Planning Commission in September 2017.
Report
Issue:
The UAC will review the preliminary Water Resources 2018-2023 Capital Facilities Plan (CFP) and begin to understand implications to the 2018 budget and rate process. The CFP is updated every year in conformance with the Growth Management Act and City policy. UAC recommendations are provided to the Planning Commission and City Council for their consideration during the CFP adoption process later in the year.
Previous UAC Consideration: None in 2017. The UAC last evaluated the Water Resources CFPs in June and September 2016. City Council adopted the last Water Resources CFP as recommended by the UAC. In turn, Utility rates supported the CFP.
Staff Contact:
Eric Christensen, Water Resources Planning and Engineering Manager, 360.570.3741
Background and Analysis:
The CFP is a key long-term planning and financial tool of the three Water Resources utilities. Project appropriations in the preliminary 2018-2023 CFP total approximately $55 million. Projects in the CFP address infrastructure needs as well as major environmental improvements and planning efforts. The CFP funds major works efforts beyond the day-to-day operations of the Utilities.
Staff develops a six-year and a 20-year CFP. The six-year CFP is adopted by City Council; the 20-year CFP helps keep track of long-term needs and financial dynamics. Only projects in the first year of the six-year CFP are approved for appropriation by Council.
The CFP lists proposed projects organized by year, by utility, and by area of the City. Typically, the UAC reviews the CFP for consistency with the policies, goals, and priorities of the Utility rather than seeking a detailed understanding of each proposed project. Then in the fall, the rate implications of the CFP are provided leading to UAC recommendations to Co...
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