During a recent government meeting, officials discussed the financial status and projections for various bond-funded park projects, including Caldwell Park, Academy Recreation Center, Poplar Tint Trailhead Park, and WW Flow Park. The council is preparing for an upcoming bond sale, with funding adjustments being made as necessary.

A significant point of discussion was the Caldwell Park project, which has seen its estimated costs rise from an initial projection of approximately $5.4 million to around $11 million, largely due to the inclusion of $1 million in grants. Council members expressed concern over the increasing costs and the implications for the overall $60 million bond package promised to voters. The council is tasked with prioritizing projects, as the rising expenses could deplete available funds before all planned parks are addressed.

Officials indicated that updated financial information and a revised timeline for the bond projects will be presented in a departmental report on Thursday. This report aims to clarify the original estimates, current projections, and funding allocations, allowing council members to make informed decisions moving forward. The council is seeking a comprehensive overview of the financial changes to ensure transparency and accountability in managing the bond funds.