Tonight the Finance Subcommittee, chaired by Commissioner Richard Wolf is meeting to discuss the Capital Facilities Plan (CFP). The Agenda is here.
In years past, each Finance Subcommittee member takes a chapter of the CFP, reviews it, and presents questions which the staff liaisons answer. After the questions are answered the subcommittee jointly drafts a letter to the city council containing advice as to how to proceed, including whether there are any glaring deficiencies or unfunded obligations. The Growth Management Act requires cities to accommodate growth and the mechanism by which this occurs is the annual CFP.
The Finance Subcommittee will continue this process next week, on September 12. You will find that agenda here.