We ready to go?

All right, good afternoon, everyone.

It's 2 30, and we will call the order of the Delaware City Council or Delaware City Finance Committee meeting for August 13th, 2025.

Roll call, please.

Mr.

Hoffman.

Here.

Mr.

Sorry, Mayor Riggle.

Yeah.

And Chair Schaeffer.

Here.

Item two is approval of the motion summary.

Approval of the motion summary from the finance committee meeting held on August 5th, 2025 is recorded and transcribed.

Move for approval.

Second.

All in favor.

Aye.

And public comment.

Anything in?

I had nothing.

All right.

Well, we get to start talking about the capital improvement plan for the next few years.

And I guess we're going to start Mr.

Break and Felicia with you.

She's over there.

Yeah, you're going to be off.

She's in a different spot.

So as I brought up at Monday night's meeting, you know, this is the kickoff of the of the budget process.

And so we hope that you found the plan and the document very informative.

So again, I'd like to express my appreciation to Alicia and Rob and many others that the contribute and of course all the department directors.

So this will be an important junction to figure out not only the upcoming year, but really to come up with a plan for following years as we have many unmet needs.

So but uh I don't have any formal presentation, but I'll hand it over to Alicia if there's some overall comments that she would like to make.

But thank you for this opportunity.

Thank you.

Um so I have just a quick presentation with some overview uh the guidance that was provided to the directors, the usual uh kind of stuff that we do at this first meeting.

Um so the first part is it's advances.

So this is just the calendar, and really this is just to show you that um we plan for this for months.

We start working on the guidance and the packets in April and um distribute those to departments in May.

Um the departments are absolutely great, they've met all of their time requirements and they're really good about getting everything back to us.

But we are required by charter to get this resolution to council by August 15th of each year.

If we do the first meeting in August, that allows us to have budget done before Christmas, which is the goal, so that's why you have it August 11th.

Um and then council must adopt it by um October 15th of each year.

All right, so this is the guidance that was given to city staff back at the beginning of May.

And really priority for projects is always given to the safety first.

So safety of residents, safeties of employees, safety of visitors.

Um also we take into account whether or not a project has an outside funding source.

Would we would we be turning down potential grant dollars?

Um is this necessary to continue to and maintain operations.

Uh would it cost significantly more to defer?

And lastly, sometimes we have this.

Would it generate some offsetting revenue?

So this is the general fund summary.

Um I consolidated engineering a little bit.

Uh these are these are all of the transportation improvements rather than broken out by big project.

Um one of the things I want to draw your attention to is that parks now has its own funding source, so you will see them with the 26th budget have a parks capital fund that their improvements will be taken out of.

That being said, cemetery and golf course are not technically a park, they have their own funds, so those still show up and are generally funded.

Um other side note for the parks levy or for the parks capital fund.

We have, I think Rob and I believe there's about 1.8 million at present in the old parks levy fund.

Um we're gonna start with a million dollars in that parks capital that we're gonna recommend that we transfer um to start to establish that fund.