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Council approves six-year Community Investment Plan as town trims some capital spending
Summary
The Town of Normal council voted unanimously to adopt a six-year Community Investment Plan that programs roughly $199.3 million across 426 projects over the current year plus five years while noting timing-related reductions in some categories and continued pressure on water and sewer rates.
The Town of Normal Council on a unanimous vote approved the proposed fiscal-year 2024-25 to 2029-30 Community Investment Plan, a six-year capital program that programs about $199,300,000 and 426 projects across transportation, water and sewer, facilities, parks, vehicles and stormwater.
Finance Director Mister Hune presented the plan and said, "This is our CIP. This is our first formal, discussion annually about the budget process. We always bring the CIP to you first." He told council the plan shows current-year capital spending and the next five years and that staff will present the operating budget at the next meeting.
The plan funds a wide set of town needs, with transportation and street resurfacing among the largest categories; the draft shows more than $50 million for resurfacing and specific street work across the six-year window. Hune told the council the six-year total is a bit under last year’s six-year total ($208 million previously versus a programmed $199.3 million in the proposal) and characterized the decline as partly a timing effect as completed projects fall out of…
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