Infrastructure Capital Improvements Plan Update FY 2028-2032 (FIR)

Extracted text

FISCAL IMPACT REPORT
General Information:
(Check) Bill: Resolution: X
Short Title(s): 2028-2032 Infrastructure Capital Improvements Plan
Sponsor(s): Mayor Michael Garcia
Reviewing Department(s): Public Works Department
Staff Completing FIR: Sean Moody, Capital Projects Manager Date: 4/23/2026 Phone: (505) 955-6931
Reviewed by City Attorney: Date:
Reviewed by Finance Director: Date:
Summary:
The proposed resolution would adopt the City of Santa Fe’s (City’s) 2028-2032 Infrastructure Capital
Improvements Plan (“ICIP”).
Departments Affected:
Priority Capital projects affect all City departments and are included in the ICIP.
Consequences of Not Enacting Legislation:
If this legislation is not adopted, the City will not be eligible for State Legislative Capital Outlay funding.
Conflict, Duplication, Companionship, or Relationship to Other Legislation:
This resolution relates to the “Legislative Priorities Resolution” that will establish the City’s capital outlay
and policy priorities for the 2027 New Mexico Legislative Session.
Performance and Administrative Implications:
City staff manages the request process, deploying projects funded by the ICIP and overseeing the grant
reimbursement and reporting process.
Fiscal Implications:
The resolution does not have a direct fiscal impact, but the City’s submission of its ICIP to the New Mexico
Department of Finance and Administration for consideration by the New Mexico State Legislature for
capital appropriations has potentially positive fiscal impactions for the City and could help the City address
community needs. The City’s previous ICIPs have resulted in millions of dollars of benefit to the City in
past years. New Mexico House Bill 247, which passed on March 9, 2026, provides that capital outlay
authorizations and appropriations from the State of New Mexico to municipalities in amounts of one
hundred thousand dollars ($100,000) or more shall not be made for a project unless the project is included
on an Infrastructure Capital Improvement Plan.
FIR No. 10756ANDREA PHILLIPS (Jun 4, 2026 11:11:30 MDT)06/04/2026

Adopted: 01/12/05; revised 8/24/05; 4/17/08; 2
Fiscal Impact
Check here if no fiscal impact

Expenditures
Expenditure Narrative:
Revenue
Revenue Type FYE 2026 FYE 2027 FYE 2028 Recurring (R) or Non-recurring (NR) Fund
General Fund $ $______ $
Special Revenue $ $ $
CIP $ $ $
Enterprise $ $ $
Internal Service $ $ $
Trust and Agency
Federal
$
$
$
$
$
$
Other $ $ $
Total $ $ $
Revenue Narrative:
Expenditure
Type
FYE 2026 FYE 2027 FYE 2028 Require BAR
(Y/N)
Recurring (R) or Non-
recurring (NR)
Fund 3-Year Total
Cost
Personnel and
Benefits*
$ $ $
Capital Outlay $ $ $
Contractual/
Professional Services
$ $ $
Operating $ $ $ $
Total: $ $ $ $

Signature:Email:Signature:Email:JOHN BURNETT (Jun 4, 2026 14:56:01 MDT)jsburnett@santafenm.govsxmoody@santafenm.gov