Posted: October 05, 2021
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF101321 02

Agenda Item Title:

Approve Amended City of Rapid City Capital Improvement Plan Policy

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
10/13/2021
City Council Hearing Date:
10/18/2021
Staff Contact:
Pauline Sumption, Finance Director
Agenda Item Summary:
This policy amendment reestablishes funding allocations beginning in year 2022 in addition to a clause that allocates any undesignated funds to PW Infrastructure at the conclusion of each budget year for the next budget cycle

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center
Will increase funding for PW Infrastructure

Recommendations:

Origination Recommendation Action:
Approve

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