TITLE
Recommendation to receive and file an update on the Fiscal Year 2023 - Fiscal Year 2027 Infrastructure Investment Plan; and
Increase appropriations in the Capital Projects Fund Group in the Public Works Department by $52,750,000 to fund the various projects identified in the Fiscal Year 2023 Infrastructure Investment Plan, offset anticipated bond proceeds from the Measure A Bond program. (Citywide)
DISCUSSION
City Council approval is requested to increase appropriations by $52,750,000 in the Capital Projects Fund Group in the Public Works Department to fund the Fiscal Year (FY) 23 bond funded projects identified in the FY 23-27 Infrastructure Investment Plan (IIP) (Attachment A), offset by anticipated bond proceeds from the Measure A Bond program.
Background
On June 7, 2016 Long Beach voters approved Measure A, a Transactions and Use Tax for general purposes and to fund important City of Long Beach (City) services. On March 3, 2020 Long Beach voters approved an extension to the term of the Transactions and Use Tax.
Since Measure A’s inception, over $165 million has been allocated to infrastructure projects with over 100 infrastructure projects completed. This includes 38 playground, community center, and park projects, 640 lane miles of streets repaired, 7.5 miles of alleys paved, 1.3 million square feet of sidewalks repaired, 2,680 curb ramps installed, and 22 public facility projects completed, with additional projects being completed on an ongoing basis.
In the process of developing the next five-year infrastructure plan, on September 7, 2021, City staff presented a data driven study session on citywide infrastructure needs, funding strategies and prioritization criteria (Attachment B).
Updates were provided throughout 2022 and on August 2, 2022, the Proposed FY 23 - 27 IIP was released for review as part of the FY 23 CIP Proposed Budget (Attachment C). The proposed plan was brought to the City Council on August 16, 2022, and the Transacti...
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