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

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Capital Facllltles • Swiftwater Corridor Vision Plan. It was prepared by a citizen's advisory committee in 1997 to identify Wlique and special features within the State Route 10 corridor. This plan recommends strategies and capital improvements 1hat are focused on economic development and tourism programs. • Kittitas Comity Outdoor Recreation Inventory. It was completed June 1, 2004 by the Recreation Advisory Committee to identify recreation activities and services. The recreation opportunities and facilities include parks, trails, river access, public lands access, campgrounds and picnic facilities. • Economic Development Strategic Plan, prepared for the Kittitas Coun1y Economic Group in July, 2009. It is a :framework for investment decisions and providing guidance in growth for the County's economic future. Prioritizing Public Facility Projects Prioriti7.ation of projects and programs can be difficult, so the County established the following general guidance in prioritizing public facility projects, from highest to lowest priorities: l. Repair existing public facilities to achieve or maintain adopted level of service(s). 2. Construct new or expanded public facilities to achieve or maintain adopted level of service(s). 3. Repair existing public facilities or construct new public facilities to eliminate hazards. 4. Construct new or expanded public facilities to achieve or maintain adopted level of service(s) as forecasted during the next six-years. 5. Repair existing public facilities or construct new public facilities to reduce the operating cost of providing a public service or facility. 6. Construct new facilities to provide excess capacity that will be needed beyond the next six-years. 7. All other facilities the County is obligated to complete that do not meet the criteria above. 5.3. Financing Funding Sources for Publlc Facility Projects Identifying funding sources for public facility projects is critical to the success of the Kittitas County's Capital Improvement Program (CIP). It requires coordination among County Departments and a thorough understanding of the fiscal capacity oftbe County to fmance these facilities . Public facility projects are often very expensive, requiring multi-year commitments of financial resources. It is important to understand that a CIP does not represent a financial commitment or guarantee that the projects will be implemented. County approval does not automatically authoriu funding. It docs approve the program in concept and provides validity to the planning process. In an attempt to stretch money as far as possible, many different funding sources are considered. The financing of some projects relies on outside grant resources. If grants are not received the projects may be delayed, removed, or financed with dedicated revenues, general revenues, excess surplus funds, or bond financing. The various methods of financing are as follows: Kittitas County Comprehensive Plan 5-6 December 2016