The five-year capital plan

Capital projects

Capital projects are the City's big, one-time investments: roads, water mains, parks, and buildings. The City keeps a rolling inventory of every project it has identified — not just the ones funded next year. This page sorts them into what's funded now, what's recently finished, and what's on the list but waiting for money.

funded in the next 5 years

$109.2M

planned spending, FY 2027–31

projects in the inventory

Funded (FY27–31) 35 Recently completed 20 No FY27–31 dollars 16 All CIP inventory 71

Money source:All Mostly grant Restricted local Water (enterprise)General capital General Fund

Funding pathway:All Enterprise rate (water)External grant pursuit Restricted local revenue Developer contribution General Fund Mixed sources Unmapped

71projects total — everything in the City's capital inventory, funded or not.

Caltrain Grade Separation

$2M gap

Transportation Impact Fees

Pathway:External grant pursuitIn pursuit

Funded FY27–315-year cost $2M · STT001

Middle Avenue Caltrain Crossing

$40.2M gap

Transportation Impact FeesGrant-funded

Pathway:External grant pursuitIn pursuit

Funded FY27–315-year cost $830K · CPT005

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Projects come from the City's adopted FY 2027–31 Capital Improvement Program. Each project is sorted by comparing its planned five-year spending against its actual spending in prior years: projects with money in the five-year plan are “funded,” projects with significant past spending but none planned ahead are “completed” or “wrapping up,” and projects with neither are listed as identified-but-not-currently-funded. The funding gap, where shown, is the City's latest cost estimate minus all funding that has not been lost. No numbers are estimated.