Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Planning Commission hears $764.5 million proposed capital improvement program; recommendation to council expected later
Summary
Capital Budget Manager Rudy Pena and budget staff presented the proposed fiscal year 2025–26 Capital Improvement Program, a $764,541,650 plan that emphasizes water and wastewater projects and is funded largely by revenue bonds, a $210 million SWIFT loan and general obligation bonds.
City budget staff presented the proposed fiscal year 2025–26 Capital Improvement Program to the City Planning Commission, detailing major projects, department allocations and funding sources but asking no formal action at this meeting.
Rudy Pena, capital budget manager, joined by Amy Kelly and John Juarez from the Office of Management and Budget and Camille Terrace, assistant director, summarized the CIP and distributed copies of the full proposed budget. Pena said the total proposed CIP is $764,541,650 and noted that water and wastewater combined represent about 65% of the total; when streets are added, those three areas account for roughly 75% of the program.
Key funding sources described include revenue bonds (about…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
