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PGI Canal Maintenance District proposes incremental assessment increases, plans seawall replacements and riprap bids
Summary
City staff presented a multi-year plan for the PGI Canal Maintenance District that includes a proposed $150 annual assessment increase through 2030, a FY26 seawall replacement program of 10,000 linear feet and carryover of Irma riprap permitting and debt until reimbursements arrive.
City staff presented proposed fiscal-year budgets for the Punta Gorda Isles (PGI) Canal Maintenance District at the June 12 budget workshop, including multi-year assessment increases, a large seawall replacement program in FY26 and continued use of an interfund loan to cover hurricane-related riprap expenses while FEMA reimbursements are pending.
Finance Director Kristen Simonyo said the district plans to use last year—s 2025 proposal for FY26 and that the PGI advisory board will formally receive the presentation Monday. Based on the packet presented to council, Simonyo said the PGI board recommended an incremental program that assumes a $150…
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