City of Alexandria, Virginia
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MEMORANDUM
DATE: JUNE 4, 2024
TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL
THROUGH: JAMES F. PARAJON, CITY MANAGER
FROM: MORGAN ROUTT, DIRECTOR,
OFFICE OF MANAGEMENT AND BUDGET
TERRY SUEHR, DIRECTOR,
DEPARTMENT OF PROJECT IMPLEMENTATION
DOCKET TITLE:
TITLE
Consideration of Receipt of Fiscal Year 2024 Third Quarter Capital Projects Status Report Related to City Council Approved Capital Projects.
BODY
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ISSUE: Receipt of the Fiscal Year (FY) 2024 Third Quarter Capital Projects Status Report as relates to City Council approved capital projects.
RECOMMENDATION: That City Council receive as information the FY 2024 Third Quarter Capital Projects Status Report.
BACKGROUND: The FY 2024 Third Quarter Capital Projects Status Report is attached to this docket memo, which covers project progress through March 31, 2024 for active capital projects with moderate to high complexity and community visibility. The executive summary provides detail on the Project Progress Report format. The progress report pages provide updates on active projects. The Capital Funds Financial Summary provides the current accounting for capital project budgets.
DISCUSSION: The full FY 2024 Third Quarter Capital Projects Status Report is posted on the City’s website at <http://www.alexandriava.gov/Budget>. Additionally, project progress tracking is now available via a geographic based platform: <<https://alexgis.maps.arcgis.com/apps/dashboards/2a448a4307284eb5b0de9b304b5634ee>>
This report does not contain project status report information for Alexandria City Public Schools (ACPS) which prepares its own status report. Those reports are available on the ACPS website: <https://www.acps.k12.va.us/Page/2648>
FISCAL IMPACT: City Council’s receipt of the FY 2024 Third Quarter Capital Projects Status Report does not require any additional resources. The report will be utilized in the development of future year CIP funding needs and in determining the level of future bond issuance. Available project balances, implementation rate, and current and projected project status will be utilized to determine the appropriate level of investment in a project for the forthcoming fiscal year.
ATTACHMENTS:
1. FY 2024 Third Quarter Capital Projects Status Report.
STAFF:
Emily A. Baker, Deputy City Manager
Arthur Wicks, Office of Management and Budget