Capital Improvement Program

Recently, the first of three budget workshops was held to review and discuss the city’s Capital Improvement Program for the next five years.

Departments and programs from around the city, including Police and Fire, the Naperville Public Library and Naper Settlement all gathered to update council on their past plans and pitch new brick and mortar projects.

A total of $60 million was requested from the city for fiscal year 2016, with 72% of that amount already covered, leaving the city to look elsewhere for the rest.

This raised some concerns among council members, who brought up the potential budget gap of $12.7 million already upon the city.

“Theoretically we shouldn’t be taking on more debt if were built out, and we’re going to retire $13 million in debt and this budget calls for $16 million approximately, so we’re taking on a few million dollars of additional debt and we have no growth to kind of attribute it to,” said Steve Chirico, Councilman for the City of Naperville.

Projects presented for the year ahead include improvements to the Washington Street bridge, redesigning the city website and updating and renovating the Nichols Library.

City staff will next hold an operating funds workshop and a public hearing before adoption of the proposed budget in April.

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