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Bozeman DBP reviews draft FY26 budget, flags $4.7M for parking and $1.6M URD funds locked until 2027
Summary
At its meeting the Downtown Business Partnership reviewed a draft fiscal 2026 budget and a prioritized work plan that emphasizes infrastructure, parking supply, Bozeman Creek planning and residential incentives. Staff said $4.7 million is currently designated for parking supply and $1.6 million in URD housing funds remain unavailable until 2027.
Ellie, executive director, presented the DBP’s draft fiscal 2026 budget and an updated priorities list that places infrastructure, parking supply and transportation improvements at the top of the board’s work plan.
Ellie told the board the draft budget keeps management and administrative fees roughly level and includes planned allocations for park and streetscape projects, alley improvements, utility work and a proposed increase to the art/CPTED grant program. She said the IHO Peace Park recently received a $30,000 Montana Main Street grant and that the park site plan has been submitted to the city for review. Ellie said she expects approximately $500,000 will be needed for completion of that park project, and that the city is expected to match DBP funds for the buildout.
On parking, Ellie said the DBP has earmarked…
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