City staff used the budget workshop to summarize storm damage, FEMA/state reimbursement estimates and near‑term cash‑flow needs for the marina and related public infrastructure projects.

Nut graf: Staff estimated total storm‑related costs across funds and showed how FEMA (expected 75 percent) and state matching (12.5 percent) reimbursements affect timing and cash needs. Because reimbursements are received on a project‑by‑project basis after FEMA obligation, staff proposed a temporary line of credit as a cash bridge and asked the commission to authorize short‑term borrowing authority if needed.

What staff described
- Total damage estimate and reimbursements: staff presented a roll‑up of storm costs and an estimate of FEMA and state share by fund. For the general fund staff showed a plan to receive an expedited debris payment already received and anticipated further reimbursements in the months ahead. The Marina Fund and capital projects were identified as areas with sizeable obligations.
- Marina projects: the eastern bulkhead replacement, dock A/B design and other marina repairs were listed among upcoming capital needs. Staff said the eastern bulkhead bid came in lower than initial estimates and would reduce the city match; staff will update project numbers to reflect actual bids.
- Bridge and infrastructure inspections: staff confirmed structural inspections (for example, Weaver Park pier and Weybridge Woods bridge) are underway; some projects remain contingent on inspection results and grant eligibility.
- Financing and cash flow: staff proposed a limited line of credit to bridge project cash needs until FEMA/state reimbursements are obligated and paid. Estimates shown at the workshop included a planning figure for a general‑fund line of credit (~$4.3M) and a larger estimated need in quarantine for the Marina/Arena funds depending on final project timing.

Questions and follow‑up
- Commissioners asked which reimbursements have already been paid; staff said an expedited FEMA debris payment had been received and other payouts are expected on a project‑by‑project basis and could take months to obligate and arrive.
- Staff said they will bring final bid results (for the bulkhead and other near‑term capital) back to the commission and will update FEMA/state reimbursement timing and line‑of‑credit needs as obligations firm up.

Ending: staff asked the commission for authority to pursue short‑term financing if needed to maintain cash flow while FEMA/state reimbursements are processed, and to approve technical budget amendments after bids and grant obligations are final.