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Council adopts five-year Capital Improvement Plan totaling $194 million with FY26 focus

5667533 · June 12, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Lake Havasu City Council adopted a five-year Capital Improvement Plan for fiscal years 2026–2030 with a $194 million total, of which roughly $58 million is grant-funded; council emphasized that many projects are carry-forwards and that most items over $100,000 will return for specific approvals.

The Lake Havasu City Council voted June 10 to adopt a five-year Capital Improvement Plan (CIP) covering fiscal 2026 through 2030 with a total program cost of about $194 million and FY 2026 expenditures of just under $70 million.

The plan lists approximately $58 million in grant-funded projects across the five-year window. Finance Director Olsen told the council that “all of the projects in the five-year plan are fully funded” on paper and that the FY26 portion includes about $25 million in grants.

Council members asked staff to clarify…

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