FY 2023-2028 CIP Budget Book

The City of Menifee is a premier, safe, thriving, and inclusive City that offers vibrant neighborhoods and panoramic scenic vistas with rich history, flourishing arts, cultural amenities, and diverse recreation opportunities that make Menifee a desired place to live, work, play, and stay. In support of this Vision Statement, the Capital Improvement Program (CIP) outlines the City’s five ‐ year financial plan for the maintenance, repair, replacement, and improvement of the City’s infrastructure. Projects identified within the CIP include transportation, traffic signals, street improvements supporting Active Transportation, pavement rehabilitation, storm drains, streetlighting, municipal facilities, parks and trails, and technology infrastructure. The projects identified within the CIP are strategically selected to promote safety and enhance the quality of life for the community at large. Our Mission The Mission of the CIP Division is to develop a comprehensive Capital Improvement Plan identifying individual capital projects and major studies and to provide project timelines in consort with financing plans. The Fiscal Year (FY) 2023 ‐ 2028 CIP provides a working blueprint for enhancing accessibility and linking the community with sustainable infrastructure to meet the City’s needs. It coordinates strategic planning, financial capacity, and physical development. CIP Budget Policy The purpose of the CIP Budget document is to serve as a planning tool, which coordinates the financing and scheduling of major public improvements. This document is dynamic and consequently needs to be revised annually to address changing needs, priorities, and financial conditions. The capital improvements presented in this document are the City’s major projects, which exceed $50,000 in cost, have long ‐ term life spans, and are generally non ‐ recurring. These projects include land and right ‐ of ‐ way acquisition, construction or rehabilitation of public buildings or facilities, public infrastructure design and construction, and park design and construction. The City’s goal in providing a CIP Budget is to develop a multi ‐ year plan for capital improvements, update it annually, and deliver all capital improvements in accordance with the five ‐ year plan. Capital Improvement Program Budget Overview 11