Res-2018-177 Distressed Sales and Use Tax Cle Elum

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CAP ITAL FACll.,lTIES PLAN Introduction The Growth Management Act [RCW 36.70A.070 (3)) states that the CapitaJ Facilities Plan Element of the comprehensive plan must consist of an inventory of existing capital facilities; show the locations and capacities; forecast of future needs; proposed locations and capacities; six year plan to finance capital facilities with projected funding sources; and reassessment of the Land Use Element to ensure that these elements are coordinated and consistent Each of these systems have been inventoried by type, level of servi~ and cost by year in tbe Six-Year Capital Faalities Plan. This plan differs from past Capital Improvement Plans since it identifies and establishes level of service standards for the city's capital facilities. This measurement will be a component of the city's concurrency management system . A level of service standard or LOS is a measurement of service to the public. It can be either a technicaJ equation or an aesthetic rule of thwnb which guides capital expenditures. Concurrency ensures that the prQvi$ion of urban public services will be present or funding is in place for capital facilities at the time of development completion or within six years. This entire plan is tied to specific funding to assure that this plan is neither a "wish list" nor a "think for today" plan on capital expenditures. In total, a Capital Facilities Plan is a good management technique to assure Jong range fiscal planning, lsSllel and Concerns Capital Project Gu.idellnes and Criteria The City of Cle Elum has traditionally been funded by real estate taxes. sales tax revenue, and services fees for the utilities provided by fbc city. ln addition .. the city has made a comrnitmeot to conserve funds when possible to assist in the offset of costs for capital expenditure by increasing service fees. This approach enables the city to spread costs in the long tenn for anticipated public service improvements. The city d.efines a capital expenditure as greater than $7,500.00 for an item with a life span of more than five years. This defi_nition includes fleet replacement, street improvements, and structural improvements while not encompassing purchases such as computers, office supplies, or small equipment as capital expenditures under growth management. Level of Service St.andards Each section of the Capita) FaciJities PJan will establish a Level of Service. A Level of Service is the standard by which a decision to expend capital will depend. For example: 2