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Finance committee adds marina financing to 2025 work plan, requests revenue analysis
Summary
The Des Moines City Finance Committee asked staff to add a financing plan for remaining Marina Master Plan projects estimated at $81,270,500 to the 2025 work plan and to bring revenue and debt capacity analyses to council.
The Des Moines City Finance Committee on an item reviewing its draft 2025 work plan asked staff to develop a financing plan for the remaining Marina Master Plan projects and to bring revenue and debt-capacity analysis back to the committee and full council.
Council Member Harris told the committee, “I did a scrape of the 20 24 Marina Master Plan. And the, remaining projects from 2025 to 02/1940 are $81,270,500,” and asked the finance committee to “task for some kind of plan of finance.”
The request came during a presentation by Jeff (staff member) that framed the work plan as a baseline for 2025, a non-budget year. Jeff said the committee’s scope included…
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