Capital Improvement Fund

The most flexible fund in Alpine's budget is the Capital Improvement Fund. It is largely funded by impact fees which are paid for construction permits and must be disbursed to approved projects for things like sewer, water, pressurized irrigation, parks, streets and storm drain impact fees. Presumably library construction could be added to the approved project list in the future.

In the recent past approximately 70 permits were granted annually, but in fiscal year 2007-2008, only seven building permits were granted, necessitating in heavy cuts in the 2009-2010 budget.

At present, more than half of the 2009-2010 Capital Improvements budget ($545,500) goes to develop the 100 South Park, with $250,000 going to 600 North, which borders the park.

• 100 South Park $545,500
• Sidewalk safety $20,000
• Overlays/chip seals $115,000
• Equipment replacement $54,000
• 600 North improvement $250,000
• Total $1,090,000

Source: Ted Stillman email to Jennifer Baker Xanthos, March 18, 2009.