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HomeMy WebLinkAbout2024-08-05; Traffic Safety and Mobility Commission; ; High-Level Budget Overview for Fiscal Year 2024-25Meeting Date: Aug. 5, 2024 To: Traffic Safety & Mobility Commission Staff Contact: Esther Lan, Management Analyst Esther.Lan@carlsbadca.gov, 442-339-2419 Tom Frank, Transportation Director/City Engineer Tom.Frank@carlsbadca.gov, 442-339-2766 Subject: High-Level Budget Overview for Fiscal Year 2024-25 Recommended Action Receive the presentation on high-level budget overview for fiscal year 2024-25. Executive Summary Staff will present a high-level overview of the fiscal year 2024-25 budget for the Transportation Department to give the Commission a basic understanding of the department's fiscal priorities and planned projects for the upcoming year. Next Steps No immediate next steps are required following the presentation. However, the Commission’s feedback and questions are encouraged to ensure alignment with the city's transportation goals. Exhibits None. TRAFFIC SAEFTY & MOBILITY COMMISSION Aug. 5, 2024 Item #7 Page 1 of 1 Staff Report High-Level Budget Overview FY2024-25 Esther Lan, Transportation Management Analyst Aug. 5, 2024 { City of Carlsbad RECOMMENDED ACTION Receive a presentation on the FY24-25 budget and projects for the Transportation department. ITEM 7: HIGH-LEVEL BUDGET OVEREVIEW { City of Carlsbad 3 TRANSPORTATION DEPARTMENT Transportation Engineering Traffic Engineering and Signals Transportation and Mobility Planning Streets and Storm Drain Maintenance ITEM 7: HIGH-LEVEL BUDGET OVEREVIEW ( City of Carlsbad CAPITAL IMPROVEMENT PROGRAM PROCESS UPDATE • Focus on rolling 5-year window versus 15-year window • Set aside annual funding for projects ready for next phase • Construction funding requested when project is ready • Provides more accurate cost estimates and timelines • Frees up money for current needs • Increases opportunities for City Council to prioritize projects • Increases transparency of funding ITEM 7: HIGH-LEVEL BUDGET OVEREVIEW { City of Carlsbad PHASE BY PHASE FUNDING 1. Scoping: feasibility studies and needs assessments 2. Conceptual design: 30% of the design, environmental review and permitting, preliminary engineering/design 3. Final design: 100% of the engineering/design completion and the final engineer’s cost estimate 4. Construction ITEM 7: HIGH-LEVEL BUDGET OVEREVIEW ----- .......---1 --I j --I • == .. 1 -i { City of Carlsbad TRANSPORTATION PROJECTS •El Camino Real Widening Sunny Creek/Jackspar •Village and Barrio Traffic Circles •Beach Access Repair and upgrades •2024 Resurfacing Project •Paseo Del Norte •Carlsbad Residential Traffic Calming Program: - Park Dr, Black Rail Rd, Plum Tree Rd, Carrillo Way ITEM 7: HIGH-LEVEL BUDGET OVEREVIEW { City of Carlsbad RECOMMENDED ACTION Receive a presentation on the FY24-25 budget and projects for the Transportation department. ITEM 7: HIGH-LEVEL BUDGET OVEREVIEW { City of Carlsbad Questions THANK YOU! ITEM 7: HIGH-LEVEL BUDGET OVEREVIEW { City of Carlsbad