The Capital Improvement Projects (CIP) that are ready to move forward may face a long delay. The FY2013/FY2014 budget includes only 20 percent of the total project costs, and projections for the future are not optimistic.
Newly appointed Deputy County Administrator Steven Lynne laid out the facts. Approximately $27 million is available in the next two years. Long-term projections estimate that only $2.5 million a year will be available after that, bringing the 10-year total to $47 million.
Projects that council has taken some initial action on total $123.5 million. Most of those have received phase 2 approvals, and others, such as the community broadband initiative, are nearing that.