HomeMy Public PortalAboutAB 16-65 Capital Asset Management Policy ResolutionMcCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 16-65
Meeting Date March 10, 2016
AGENDA ITEM INFORMATION
SUBJECT:
Capital Asset Management Policy Resolution16-08
Department Approvals
Initials
Originator
or
Supporter
Mayor / Council
City Manager
Clerk
Treasurer
Originator
Community Development
Police Department
Public Works
Golf Course
COST IMPACT:
N/A
Parks and Recreation
FUNDING SOURCE:
N/A
Airport
Library
TIMELINE:
N/A
Information Systems
Grant Coordinator
SUMMARY STATEMENT:
On September 25, 2015 council conducted a work session regarding capital asset management policies to continue the discussion started during FY16 budget development. The council received
information on capital improvement planning, developing a CIP, and discussion on the difference between policy and procedure.
On November 19, 2015 the council conducted another work session to conclude the capital asset management policy discussion. In this work session the council received information regarding
capital budgeting, capital project management and capital maintenance. At the conclusion of the November work session the council directed staff to create a draft Capital Asset Management
Policy for their consideration.
Attachment:
Resolution 16-08
Capital Asset Management Policy (Exhibit A)
RECOMMENDED ACTION:
Adopt Resolution 16-08 providing for a Capital Asset Management Policy relating to capital improvement planning; capital budgeting; capital project management; capital asset maintenance
and authorize the Mayor to sign all necessary documents
RECORD OF COUNCIL ACTION
MEETING DATE
ACTION
09/25/2015
AB 15-180 Capital Asset Management work session – Capital Improvement Planning
11/19/2015
AB 15-222 Capital Asset Management work session – Capital Budgeting, Capital Project Management, and Capital Maintenance
02/25/2016
AB 16-53 Draft Capital Asset Management Policy