Sample Highlights from the Capital Improvement Plan
| Project ID | Project Title | Project Start Year | Project Description | Project Spend Total | Page Ref | Project Satus |
|---|---|---|---|---|---|---|
| 474741 | Terminal Building Concept Study | 2024 | "The main terminal building was originally constructed in 1950’s where it has witnessed multiple expansion and remodeling phases in order to meet passenger demands. The 2015 Airport Master Plan conducted a comprehensive evaluation of the facilities to include passenger demands, vehicle parking, airline and rental car ticket counters, ground transportation, passenger concessions, and baggage claim requirements. Given the increasing demands as well as the current building codes, it was determined the main terminal building required demolition and be developed with an updated facility. Funding sources for this Concept Study include earmark, entitlement and discretionary funding from the Airport Improvement Program administered by the FAA. The airport’s local funding match of 10% will be derived from the Passenger Facility Charge program Total estimated cost: $800,000." | 800000 | 74 | Not Started |
| 474759 | Paratransit Vans | 2024 | "Replacement vans for paratransit (Dial A Ride) purposes to transport smaller passenger trips. The estimated cost per van is $80,000. Yakima Transit is planning to purchase four vans at the end of 2022 with delivery anticipated in 2024. Transit applied for federal and/or state grants with 85/15 match, leaving the city with a $48,000 for matching funds. Total estimated cost: $320,000." | 320000 | 82 | Not Started |
| 474768 | HVAC Upgrade | 2024 | "The current Heating, Ventilation and Air Conditioning (HVAC) Control System in the Capitol Theatre runs off a very old laptop in order to access the antiquated operating system available at the time that the HVAC system was installed. Modern systems cannot run the old operating system and our control of the air temperature in the facility is reliant on that old laptop. The updated system provided by DIVCO works on modern computers, but DIVCO does not provide an updated interface between the old and new systems. It requires its customers to purchase and order the new system. Total estimated cost 2023 - 2024: $120,000." | 120000 | 13 | Not Started |
| 474776 | Lions Park Picnic Shelter | 2024 | "A donation of $25,000 from the Yakima Lions Club will be combined with $25,000 of Parks Capital funds for the construction of a 20’ x 20’ picnic shelter at Lions Park. The Lions Club donated 50% of the cost for the playground in 2022. The current picnic shelter is the old restroom in the park that has been converted to a small picnic shelter that is in poor condition. Total estimated cost: $50,000." | 50000 | 21 | Not Started |
| 474785 | Fire Station 93 Roof Repair | 2024 | "This is an architectural composition asphalt roof on a pitched slope. This roof is beginning to show signs of wear, requiring recent repair due to significant leaks, and needs to be replaced. There was a budget amendment requested in the 3rd quarter in the amount of $35,000 for this expenditure. Total estimated cost: $75,000." | 75000 | 25 | Not Started |
Explore all options available to you!
Citylitics offers access to over 30,000 unique locations across North America through our Capital Projects Dashboard (CPD).
Capital Projects Dashboard (CPD) provides a comprehensive market view of all planned infrastructure spend in one single view with powerful filters such as: population, project value, fiscal year, project status, project description, geography, and more. The dashboard will help identify opportunity hot spots, create data-driven forecasts you can be confident in with bottom-up data for the next 5 years of planned infrastructure spend, and uncover true market needs.
How to Read a Capital Improvement Plan (CIP) for Business Development?
When a city, municipality or state issues a Capital Improvement Plan (CIP), it can be overwhelming and daunting, but there are a few key things you need to investigate. Let’s start with the definition of CIP - A Capital Improvement Plan (CIP) contains all the individual capital projects, equipment purchases, and major studies for a local government; in conjunction with construction and completion schedules, and in consort with financing plans. The plan provides a working blueprint for sustaining and improving the community’s infrastructures. It coordinates strategic planning, financial capacity, and physical development. A CIP stands at the epicenter of a government’s Planning, Public Works, and Finance departments. When a CIP is issued, it typically includes the following information:- A listing of the capital projects or equipment to be purchased
- The projects ranked in order of preference
- The plan for financing the projects
- A timetable for the construction or completion of the project
- Justification for the project
- Explanation of expenses for the project
- Comprehensive Market View: The dataset provides a single view of all planned infrastructure spend, with powerful filters such as population, project value, fiscal year, project status, project description, geography, and more. This allows businesses to gain a comprehensive understanding of the market and identify new opportunities.
- Identify Opportunity Hot Spots: The dataset offers map views and filters that allow users to identify opportunity hot spots where they need to allocate resources. This helps businesses to understand where they should focus their efforts to achieve the best results.
- Create Data-Driven Forecasts: The dataset provides bottom-up data for the next 5 years of planned infrastructure spend, allowing businesses to create data-driven forecasts they can be confident in.
- Uncover True Market Needs: The dataset allows businesses to develop long-term business plans, R&D, and growth initiatives based on true, bottom-up market needs instead of opinions and anecdotes. This helps businesses to make more informed decisions and achieve better results.
