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Committee amends 2025 capital budget to authorize up to $19.58 million in prior-year carryovers
Summary
The committee approved increasing 2025 capital project expenditure authority by up to $19,582,958 to cover 2024 capital project carryovers; staff said roughly half the carryover amount is bond-funded and one project is delayed due to FEMA floodplain modeling.
The Wauwatosa City Financial Affairs Committee on May 13, 2025, approved an amendment to the 2025 budget to increase capital project expenditure authority by up to $19,582,958 to reflect prior-year unspent capital project funds.
Director Regine (staff) told the committee that capital budgeting is multiyear in nature and that approximately 52% of the requested carryovers are bond funds "that are obligated for these projects." The staff memo divided carryovers by reason and quantified the requested total; during discussion staff noted last year's carryover was about $16.5 million.
Regine said most of the carryovers are for projects currently underway, and she identified one delayed item: the tennis court bathroom remodel, which is on hold because of FEMA floodplain modeling. She also said staff included a list of projects in the packet and invited committee members to ask about specific projects.
A committee member moved to approve the staff recommendation amending the 2025 budget; Alder Gustafson seconded. The committee voted 5-0 to approve the amendment.
Clarifying note: the staff presentation included multiple stated totals (a rounded $19,600,000 figure in the verbal summary and a motion calling for up to $19,582,958). Where the transcript lists differing rounded figures, this article reports the explicit motion language ($19,582,958) as the adopted authorization.
