HomeMy WebLinkAboutREDcarter2b6At Katie's suggestion, I've added Debt Service to the chart I distribute yesterday . This bette r
reflects the fact that we can choose to do CIP projects on a pay-go basis or use debt financin g
(as we did most recently with the Dispatch Center).
When considering Debt Service, the "status quo" year for CIP (i .e . "no increase since") move s
forward from 97/98 to 99/00 .
In case you're wondering, adding Fleet Replacement (the difference between CIP and "CIP Lite")
would not materially change the chart . Fleet Replacement has fluctuated in the $400K to $500 K
per year range over the last decade .
Andrew Carte rCouncil Membe rCity of San Luis Obispo
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RED FILE
MEETING AGENDA
DATE/D//OP ITEM #
RECEIVE:::
OCT 19 201 0
SLO CITY CLERK
General Fund Operatin g Expenses vs . Capital Improvements
4&2
Since 1999/00, with the exception of last year ,
Operating Expenses have increased consistentl y
over time . CIP Expenses have not .
■Operating Expense s
■CIP Lite
®CIP Lite + Debt Service
45.8 46.2
20 .9 20.7
93/94 94/95 95/96 96/97 97/98 98/99 99/00 00/01 01/02 02/03 03/04 04/05 05/06 06/07 07/08 08/09 09/1 0
CIP Lite = CIP less Fleet Replacement Source =5-Year Forecasts