Broken Arrow Council approves CSI Aerospace deal and $25M water improvement loan

The Broken Arrow City Council meeting on June 2, 2025, focused on critical budget discussions and significant developments in the city's Innovation District. The council reviewed the operational, capital, and debt service budgets, emphasizing the importance of a well-prepared budget to avoid mid-year adjustments. A final budget adoption is scheduled for June 16, just ahead of the new fiscal year starting July 1.

A highlight of the meeting was the approval of an agreement with CSI Aerospace, which will establish its first manufacturing facility in the Innovation District, located off 111th Street in South Broken Arrow. This project is expected to create 50 new full-time jobs over five years and generate an economic impact of approximately $26.5 million. The council expressed enthusiasm about the long-term benefits this development will bring to the area.

Additionally, the council authorized a loan from the Oklahoma Water Resources Board to fund nearly $25 million in water utility capital improvements for fiscal year 2026. These improvements will include the replacement of sewer and water lines, ensuring a reliable water system for residents. The council member, who has extensive experience in plumbing, highlighted the importance of these upgrades for the community's future.

Overall, the meeting underscored the city's commitment to economic growth and infrastructure improvements, setting the stage for a productive fiscal year ahead.