There are a variety of strategic, financial, regulatory tools that can help make this plan a reality for the Lake Center District. Planning-level cost estimates for the recommendations are in the final section of the report. Recently, the City Council allocated and approved over $6 million in the City’s FY21-31 Capital Improvement Program (CIP) related to estimated capital improvements for Portage Road and right-of-way improvements in the Lake Center District. The FY21-31 CIP is a publicly available document that has been reviewed and approved by both the Planning Commission and City Council.
Funding for certain investments within the study area will be contained within the CIP, others will not. Depending on the project, funding may also be leveraged through federal and state transportation funding, the proposed Corridor Improvement Authority, commercial corridor redevelopment partnerships, and many other funding sources that can support implementation steps.