La Feria City Council finalizes $535M capital improvement plan for infrastructure projects

Laredo's City Council has laid out an ambitious capital improvement plan (CIP) for the upcoming fiscal year, aiming to enhance infrastructure and community services with a projected budget of $535.8 million. This strategic plan, which will be adopted next month, focuses on addressing local needs and aligning with long-term community goals.

The CIP encompasses a wide range of projects, including mobility infrastructure, public health and safety, utilities, culture and recreation, and neighborhood improvements. Key initiatives for FY 2026 include the development of the Buena Vista Sports Complex, enhancements to the Police South Sector Station, and upgrades to the Plaza Theater. The city is also prioritizing improvements to health department facilities and accessibility upgrades.

City officials emphasized that the funding for these projects will not lapse at the end of the fiscal year, ensuring that resources remain available until project completion. Over the next five years, Laredo anticipates investing more than $2.9 billion in capital projects, with 18.4% of that amount allocated for the upcoming fiscal year.

During the meeting, council members discussed the funding sources for these projects, noting that approximately 30% will come from bonds, with additional contributions from tax notes and grants. The city is committed to maintaining its capital assets, including streets, parks, and public safety facilities, to improve the quality of life for residents.

As the city prepares to implement this comprehensive plan, officials are focused on continuous engagement with the community to identify and prioritize future needs. The upcoming fiscal year promises significant advancements in Laredo's infrastructure and public services, reflecting the city's dedication to fostering growth and enhancing the well-being of its residents.