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Edmond outlines sales‑tax funded capital projects: City Center near completion, ITS grant leverage highlighted
Summary
Andy Conyers, assistant city manager for administration, outlined sales‑tax funded non‑utility capital projects and grant leverage, noting the City Center Complex and YMCA/library are nearing completion and urging early planning for a possible 2017 CIP sales‑tax extension that sunsets in March 2027.
Andy Conyers, assistant city manager for administration, told the council that two dedicated sales‑tax funds — a permanent three‑quarter‑cent tax (the “2000 CIP” tax) and a half‑cent 2017 CIP tax that sunsets March 31, 2027 — provide the revenue for non‑utility capital projects such as parks, trails, streets and public buildings.
Conyers said staff budgeted roughly $17 million in sales‑tax revenue for the fiscal year and noted the city has leveraged grants heavily for major projects: the city’s intelligent transportation system (ITS) program has a total project cost of about $34 million, of which federal grants total about $25.5 million and the city’s share is about $8.4 million. “We were able to…
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