Title
Capital Facilities Plan, 2022-2027 Financial Plan
Recommended Action
Discussion only. No action requested.
Report
Issue:
Discussion on the potential contents of a draft comment letter on the Capital Facilities Plan, 2022-2027 Financial Plan.
Staff Contact:
Joyce Phillips, Principal Planner, Community Planning and Development, 360.570.3722
Presenter(s):
Joyce Phillips, Principal Planner, Community Planning and Development
Background and Analysis:
The Capital Facilities Plan (CFP) is a Chapter in the City's adopted Comprehensive Plan. The CFP portion of the Plan is updated annually.
The CFP identifies which capital facilities are necessary to support development and/or growth. Most projects listed are directly related to the applicable master plan or functional plan, such as the Parks, Arts and Recreation Plan, the Storm and Surface Water Plan, and other similar plans. The Comprehensive Plan covers a 20-year time horizon; however, the Preliminary CFP, 2022-2027 Financial Plan is primarily 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 financial plan to ensure it can fund and implement the comprehensive plan's 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 held a public hearing on September 20, 2021. The Commission generally forms a Finance Subcommittee, as it did this year, to review the CFP in detail. The Finance Subcommittee may draft a comment letter, based on its review and testimony provided at the public hearing, for consideration of the full Commission.
Neighborhood/Community Interests (if known):
Any specific neighborhood or community interests are not yet known. Community members have access to the plan...
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