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2A Work Session 2016 0209
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2A Work Session 2016 0209
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2/2/2016 4:32:25 PM
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2/2/2016 4:31:47 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
2/9/2016
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PERM
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_CC Agenda 2016 0209 WS
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category be weighted and that the weighted scores be used as a measure of the project <br />value. Each budget cycle the CIP committee will propose that the categories be <br />weighted in accordance with the following schedule: <br /> <br />Description Weight Notes <br />Critically Important 25 2 categories <br />Very Important 10 4 categories <br />Important 5 2 categories <br /> <br />A proposed distribution of weights will be brought to council at the same work session as <br />the project list and associated project scores, for review and adjustment. <br /> <br />The resulting list of projects will be prioritized based on the council approved weighted <br />score and detailed estimates will be prepared for the top ranked projects. Beginning with <br />the most restricted funds (money with narrowly defined allowable uses), staff will <br />tentatively assign funding to the highest ranked qualifying projects. After all other funds <br />have been assigned staff will allocate general fund money to the remaining highest <br />ranked projects. The proposed funded project list will be presented to council for review, <br />discussion, and approval. <br /> <br />The list of prioritized project will be used to create a six year CIP plan. Even though <br />funding in future years isn’t appropriated until council approves the budget for those <br />years, a six year look ahead will allow us to forecast our needs and provide a location to <br />document a plan for multiyear funding of a project, should that be our desire.
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