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Chattanooga officials report steady stadium construction progress, say budget remains tight
Summary
City staff presented a September construction and financial progress report showing increased capital spending on the stadium and public infrastructure while saying the overall bond-funded budget remains tight but manageable.
City finance staff and the city engineer reported construction progress at the downtown stadium site and provided a September 2025 financial progress report, saying capital spending and encumbrances have substantially increased while overall spending remains within the bond-funded budget.
Josh McCutcheon, finance staff filling in for Mr. Boylan, told the Chattanooga City Board the project budget remains $115,000,000 and that the combined costs now show the capital improvement program (CIP) construction progress rising from about $26,000,000 to roughly $36,000,000. "The big change from the last report to this 1, CIP costs or your construction progress went from 26,000,000 to about 36,000,000," McCutcheon said.
McCutcheon said the city has spent a little over $42,000,000 against the stadium budget and…
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