Capital Improvement Program
What is the Capital Improvement Program (CIP)?
The CIP is the city's long-range plan for improvements to infrastructure, parks and other community facilities. The CIP is a tool to assess the long-term capital needs, values and desires of the city and to establish funding of high-priority projects in a timely, cost-effective manner.
The following are goals of the CIP:
- Provide a planned replacement of deteriorating infrastructure
- Repair deteriorated infrastructure
- Improve operational or functional aspects of existing infrastructure
- Add new facilities and improve the community’s infrastructure to enhance the quality of life in Creve Coeur
- Provide for planned replacement of major equipment required for City operations
5-Year CIP Process (FY2022-FY2026)
The City updates its five-year capital improvement program (CIP) every year. An important part of this annual process includes gathering ideas for projects from Creve Coeur residents. Capital improvements are long-lasting improvements to the City’s infrastructure and facilities and include projects like roadway and sidewalk construction, installation of park amenities, renovation of the City’s facilities, and erosion control along creek banks.
In past years, the funding for capital improvements came from the City’s half-cent capital improvement sales tax, grants, and transfers from the general fund. The voters’ approval of Proposition C in November will introduce additional funding for parks and stormwater improvements beginning with the coming fiscal year. The capital budget for the current fiscal year is approximately $3.8 million, which is less than previous years due to the completion of the Police Building and the effects of the COVID-19 pandemic. Future capital budgets are expected increase as the economy stabilizes and as the new revenue from the parks and stormwater sales tax begins.
Staff plans to provide the draft CIP to the City Council, Planning and Zoning Commission, and Finance Committee in late February. The draft CIP will then be discussed in detail with the Planning and Zoning Commission and Finance Committee in March, and each body will provide a recommendation to the City Council. The City Council will also hold work sessions to review the proposed CIP update in March. Adoption of the CIP may occur as early as April 2021.
Public Hearing Notice: The City Council will host a public hearing for the Capital Improvement Program for FY22-26 at the beginning of the City Council meeting on Monday, April 12, 2021 at 7:00 p.m. via Zoom. Details on how to attend the online meeting will be available in the City Council meeting agenda.
For more information, please contact Matt Wohlberg, City Engineer, at 314-442-2084 or firstname.lastname@example.org.