MCES Capital Program

The MCES Capital Program consists of the following components:

  • Authorized Capital Program (ACP)
  • Capital Improvement Plan (CIP)

Authorized Capital Program (ACP)

The ACP provides multi-year authorization to spend on program costs where funding has been secured and the Council has given final approval to proceed. It is the total amount of all past and present approvals from the Council.

The 2020 ACP consists of the previously approved ACP; plus the authorization of new programs; authorization adjustments to existing programs; and the deletion of completed and closed-out programs. The changes are summarized below.

Summary of Authorized Capital Program (ACP) Changes  
Previous Authorized Capital Program (ACP) $979,706,246
Adjustments to Existing Programs $479,288
Deleted Completed Programs $0
Added Programs $0
Total All Changes $479,288
Approved 2020 ACP $980,185,534

 

Capital Improvement Plan (CIP)

The CIP is the six-year capital investment plan. The Council has not given final approval to these investments. These proposed investments and the year that it is anticipated that the Council will be asked to move them into the ACP is summarized below. Note: years 2020-2022 have been fully authorized.

Capital Improvment Plan (CIP) Proposed Future Authorizations bar graph.  Details six year capital investment plan for years 2019 through 2024. Zero in 2019, 47 million in 2020, 77 million in 2021, 194 million in 2022, 31 million in 2023 and 11 million in 2024.

Capital Program

The Capital Program consists of the ACP plus the CIP. Table 10 (PDF) from the Metropolitan Council’s 2020 Unified Budget summarizes the MCES 2020 - 2025 Capital Program.

Capital Budget and Projected Expenses

The Capital Budget is the amount from the ACP that is expected to be spent in that given year. It cannot be exceeded without formal Metropolitan Council action. The adopted MCES 2020 Capital Budget is $158 million. As depicted below, the projected capital expenses for the 2020-2025 timeframe are $1,010 million. The projected expenses are utilized in the development of the debt service numbers in the MCES' Capital Finance Plan.
 

2019 Capital Budget Projected Expenses.  Bar chart indicating projected expenses in millions in years 2019-2024. 158 million in 2020, 166 million in 2021, 173 million in 2022, 180 million in 2023, 174 million in 2024 and 159 million in 2025.

For more information on the Capital Programs budget, please see the 2020-2025 Capital Program summary.

Contact us

Capital Program questions: Cory McCullough at Cory.McCullough@metc.state.mn.us or 651-602-1196