The Eugene Budget Committee will meet remotely this Thursday, February 18, at 5:30 p.m. to discuss the Proposed Capital Improvement Program (CIP) for fiscal years 2022 through 2027 (FY22-27). The CIP provides a six-year funding plan for the City’s capital improvements, including transportation, airport, public buildings, parks and open space, stormwater and wastewater projects. The CIP also serves as the basis of the capital budget for the next two fiscal years (FY22 and FY23).
“In addition to looking ahead at future capital investments, Eugene’s CIP also includes on-going efforts to integrate greenhouse gas emissions estimates for those projects,” said Vicki Silvers, Assistant Finance Director. “Within the CIP community members can learn more about City efforts to reduce those emissions as well as what - projects may cost to operate in the future.
Along with presenting the CIP, staff will also provide a financial condition update to the Budget Committee based on the latest financial assumptions.
Community members will have an opportunity to comment on the Proposed CIP at the meeting, or by visiting the Budget website and selecting “Contact the Budget Committee.” At Thursday’s meeting, the Budget Committee will make its recommendation to the City Council. The Proposed FY22-27 CIP is available for public review online, or copies can be obtained by contacting the City of Eugene Finance Division: 541-682-5512 or EugeneBudgetMailbox@eugene-or.gov.
The City Council is currently scheduled to hold a public hearing and adopt the FY22-27 CIP on Monday, March 8. The Budget Committee meeting on February 18 will be broadcast on Metro TV, and a webcast will be available on the City’s website.