01. Executive Summary

Pay-As-You-Go Program

The Plan proposes funding the majority of the City’s ongoing annual needs with General Fund dollars through the Pay-As-You-Go (Pay-Go) Program. These are typically smaller investments to maintain facilities and infrastructure in a state of good repair or fund critical infrastructure needs. Within the Pay-Go Program, projects are categorized as Routine Maintenance, ADA Facilities, ADA Public Right-of-Way, Street Resurfacing, Critical Enhancements, Facility Renewal, and Right-of-Way Infrastructure Renewal.

Table 1.3 provides a summary of the Plan’s planned funding for the Pay-Go Program by expenditure category. The planned investment over 10 years is $1.2 billion. This level is $1 billion lower than the previous Plan funding level due to budget impacts in the early years resulting from the COVID-19 pandemic. Some of this loss in revenue is made up by Certificate of Participation (COP) investments described on the following pages.

Table 1.3

Pay-Go Program Funding FY22-26 FY27-31 Plan Total
(Dollars in Millions)
Routine Maintenance 82  104  186 
ADA: Facilities 16 
ADA: Public Right-of-Way 23  33  56 
Street Resurfacing 65  192  256 
Enhancements
Recreation and Parks Base Commitment 72  72  144 
Capital Contribution to Street Tree Set-aside 31  39  70 
ROW Infrastructure Renewal 10  40  50 
Facility Renewal 94  324  418 
Total Projected Funding 384  813  1,197