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Flood authority outlines $192 million Truckee Meadows capital plan, warns cash runs out in 2027–28
Summary
The Truckee River Flood Management Authority updated Washoe County commissioners on a five‑year capital improvement plan that totals roughly $192 million, and said its current cash reserves will be exhausted by fiscal 2027–28 unless outside financing is secured.
The Truckee River Flood Management Authority on Tuesday told Washoe County commissioners it has a roughly $192 million capital improvement program to finish a multi‑decade program of levees and targeted flood mitigation projects along the Truckee River.
The authority’s executive director, George Robeson, briefed the board on the district’s role, projects and funding. Robeson said the authority has saved $62 million in reserves and currently brings in roughly $10 million per year for capital work, but the full program’s schedule means the authority will likely exhaust its cash by fiscal 2027–28 without borrowing.
The CIP covers seven large “Truckee Meadows” projects,…
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