City of Gladstone Missouri

Capital Improvement Program Committee

The Capital Improvement Program Committee is responsible for reviewing all proposed capital improvement projects and making recommendations to the City Council. The Committee develops an annual project budget and a five year projection as part of the City"s annual budget process. The Committee is composed of Gladstone residents appointed by the City Council. For more information on the Committee, please refer to the Boards & Commissions page.

Major Revenue Sources

Capital Improvement Sales Tax: Approved by the citizens of Gladstone on November 3rd, 1987, this is one-half of one percent of all retail sales, except utility billings, which is to be used for the purpose of funding capital improvements. Authority for this revenue source is provided by Missouri statute. The Capital Improvement Sales Tax generates approximately $1.7 million dollars annually and funds most of the City"s major improvements.

Transportation Sales Tax: Approved by the citizens of Gladstone on November 7th, 1995, this is one-half of one percent on all retail sales, except utility billings, to be used for transportation purposes. Authority for this revenue source is provided by Missouri statute. The Transportation Sales Tax generates approximately $1.7 million dollars annually.

Gladstone Special Road District #3 Funds: The Gladstone Special Road District #3 was incorporated October 9th, 1959, following a vote of the citizens. The District is located largely within the City of Gladstone, with a small area outside the municipality. The District provides street maintenance and repairs within the City. The Gladstone Special Road District receives approximately $290,000 dollars annually.

State or Federal Grants: Whenever possible, state or federal grant funds are leveraged to fund a portion of capital project expenditures.

What is a Capital Improvement Program?

A Capital Improvement Program (CIP) is a major public infrastructure and planning tool for municipalities. The CIP is a statement of the City"s policies and financial abilities to manage the physical development of the community. The development of a five-year CIP provides a systematic plan for providing infrastructure improvements within a prioritized framework.

The proposed five-year CIP for the City of Gladstone sets the general schedule within which public improvements are proposed to be undertaken. The first year reflects the Capital Budget proposed for the current fiscal year. The remaining four years represent a schedule and estimate of future capital needs that may be funded given projected revenue estimates. The CIP is reviewed and revised annually, and an additional year is added to maintain the full five year period for the program. A preliminary CIP is presented to the Capital Improvement Program Committee and the City Council as part of the annual budget process. A final CIP is presented to the City Council in May and is adopted concurrently with the annual operating budget.

There are several benefits for developing and adopting a Capital Improvement Program. Not only does the CIP become a management tool for the City Council and City Staff, a CIP also provides valuable information to the Capital Improvement Committee, the Planning Commission, citizens, developers and businesses who are interested in the development of the community. The CIP document will assist in leveraging available resources through improved timing of projects, and coordinating City projects with those of other public or private entities.

Despite the many benefits of capital improvement programming, it is important to highlight the fact that this is a fluid document and guide. Changes can occur for many reasons. Revenues can fluctuate as a result of changing economic conditions or shifts in public policy. Private economic decisions can also affect the timing, scale and location of capital projects. Finally, community objectives are difficult to set and may be altered during the budget process when priorities are revised.

In summary, a CIP should reflect community assets, community needs and community goals. A CIP should also provide guidelines for growth and development. The proposed CIP for the City of Gladstone takes these objectives into consideration and provides a comprehensive capital improvement picture based upon current financial projections.

For more information on the Capital Improvement Program, please call the Construction Contracts Administrator at (816) 436-2200.