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Public Hearing — Fiscal Year 2018-19 City Budget <br />June 19, 2018 <br />Page 5 <br />CAPITAL IMPROVEMENT PROGRAM (CIP) <br />The proposed City's Capital Improvement Program (EXHIBIT 5) for Fiscal Year 2018-19 totals $40.1 <br />million. The program includes the following initiatives: continued planning and development of the <br />OC Streetcar Project; traffic improvements including the addition of protected bike lanes, <br />continuation of Safe Routes to Schools; park improvements for Roosevelt/Walker Center and 61h and <br />Lacy parks; installation of security lighting and cameras for park safety; street improvements for <br />ongoing residential street repair and arterial streets, and funding in public utility improvements such <br />as the street lighting project. The Seven -Year CIP of $94.9 million from Fiscal Year 2018-19 to 2024- <br />25 includes utilizing various funding sources such as Gas Tax and OCTA Measure M2 funding for <br />street improvements over the next seven years. <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item allows the City to meet Goal #4 - City Financial Stability, Objective #2, (Provide a <br />reliable five-year financial forecast that ensures financial stability in accordance with the strategic plan), <br />Strategy A (Adopt a budget that is in alignment with the financial forecast and strategic plan). <br />FISCAL IMPACT <br />With approval of the proposed Fiscal Year 2018-19 budget, appropriation will be as follows: <br />Option A <br />$549,148,058 will be appropriated to the City's various funds, departments, programs and enterprise <br />activities. Of those amounts, $264,561,084 will be appropriated to the various general fund operating <br />departments. <br />Option B <br />$538,948,058 will be appropriated to the City's various funds, departments, programs and enterprise <br />activities. Of those amounts, $254,361,084 will be appropriated to the various general fund operating <br />departments. <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Francisco Gutierrez <br />Executive Director <br />Finance and Management Services Agency <br />Exhibits: 1. Option B - General Fund expenditure reductions <br />2. Ordinance (Budget and CIP) <br />3. Resolution (City's Basic Classification and Compensation Plan) <br />4. Fiscal Year 2018-19 City Budget http://santa-ana.org/finance/budget/default.asp <br />5. Capital Improvement Program <br />75A-1-5 <br />