CHAMPAIGN, Ill. (WCIA) — The city council is taking a close look at what will be in this year’s revision of the Capital Improvement Plan (CIP).
In a study session Tuesday night, one issue being discussed will be which priorities to put on the list, factoring in need and costs.
There are 119 projects in the city expected to be done between now and 2029. All are part of the CIP and fully funded, but the money won’t show up right away.
The cost for all the projects is more than $400 million. The price is more locked in for projects in the next few years, but becomes more of an estimate closer to the end of the project list.
The good news? Over the next few years, if prices increase, taxpayer won’t have to pay through a new tax.
“There’s not necessarily any new taxes built into the Capital Improvement Plan. We have, in the last five years, added a local motor fuel tax and created and increased the storm water utility fee and added to the hotel-motel tax to better fund infrastructure improvement projects.”
City leaders say every year there are projects which go un- and underfunded. One is the Garden Hills drainage project.
Every year, the council reviews the CIP to make sure the most important things get done. Also in the study session is a possible increase to the sanitary sewer fee. It could increase 4% to $3.52.