The proposed capital program responds to and anticipates community needs, uses City funds to maximize other revenue sources - particularly Federal and State grants - and maximizes the number and scope of capital investments in the City’s infrastructure.
The proposed CIP totals more than $1.5 billion over ten years. Major projects include the Kellogg freeway expansion, rail crossings and major infrastructure improvements such as: new and reconstructed roadways, intersections, bridges, and sidewalks; improvements to parks and public facilities; downtown development and implementation of tourism development initiatives; water and sewer system improvements; and public transportation system and airport investments.
Freeway construction schedules call for the completion of interchanges at Tyler and Maize in West Wichita and Woodlawn/Rock Road in East Wichita by 2005, as previously scheduled. Funding for partial design of the Webb interchange and limited funding to purchase right-of-way for six-lane freeway expansion through Greenwich are included. In addition, the Central Rail Corridor is funded at $91.1 million, including $17.6 million from the Local Sales Tax, through 2006. Moreover, the Floodway Bridge is scheduled for construction in 2010/2011. Previous State commitments are critical to the Kellogg projects. Future funding assistance will be required to accelerate the schedule of future freeway segments.
The proposed Capital Improvement Program is funded from many sources: the 10-mill property tax comprises 19% of resources (GO or at-large funding), Local Sales Tax (LST) revenues fund 10% of the capital program and enterprise revenues fund 36%. State and Federal funding, much of it leveraged with local matching funds, provides 24 percent of total resources. Special assessments and other sources (such as County and public-private partnerships) fund 8 percent and 3 percent, respectively.