Rancho Cordova is gearing up for a massive investment in its future, with a proposed five-year capital improvement plan (CIP) totaling a staggering $1 billion. This ambitious plan, discussed during a special city council meeting on May 14, 2025, outlines over 100 projects aimed at accommodating the city's growth and enhancing infrastructure.
Key projects set to break ground in the next two years include the $36 million Zip and Dell pedestrian overcrossing and art walk, a $7.5 million rehabilitation of Sunrise Boulevard, and nearly $14 million for improvements on White Rock Road. Additionally, the city plans to allocate funds for traffic calming measures in Lincoln Village and ongoing street rehabilitation efforts, totaling over $18 million.
Funding for these projects will primarily come from impact fees, which account for 41% of the CIP budget. However, 28% of the funding sources remain unidentified, raising questions about how the city will finance significant projects like the Rancho Cordova Interchange.
City officials emphasized the importance of maintaining a robust reserve fund to navigate economic uncertainties, which currently stands at 20% of the operating budget. This reserve is crucial for ensuring the city can respond to unforeseen challenges without jeopardizing capital projects.
As the city prepares to embark on these extensive improvements, the council is also considering the potential sale of city-owned properties, which could further bolster funding for future initiatives. With a total of 107 acres valued at approximately $33 million, these assets could play a pivotal role in shaping Rancho Cordova's development trajectory.
The discussions at this meeting highlight a proactive approach to urban planning, with city leaders committed to enhancing infrastructure and community amenities to support the growing population. As these projects move forward, residents can expect significant changes that will shape the future of Rancho Cordova.