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LPD flags funding gaps, blended sources and bond timing in review of proposed capital agenda
Summary
The Legislative Policy Division presented a fiscal review of the proposed capital agenda, warning of blended funding sources, missing operating‑cost estimates, exhausted UTGO voter authorization and the end of ARPA as a new funding source.
The Legislative Policy Division (LPD) presented a fiscal review of the proposed Capital Agenda for fiscal years 2026–2030, summarizing charter requirements, best practices, and key fiscal risks.
LPD staffer Renee Short told the committee the proposed agenda is about 4.9% lower in total dollars than the previous capital agenda and that declines appear across several categories…
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