Staff presented the committee with the latest project list and urged caution as the city approaches its debt-capacity threshold.

Paul, a committee member presenting financial-health context, said the city's debt-service-to-revenue ratio is currently about 18–19 percent and estimated near-term debt capacity of roughly $30 million under current assumptions. Staff and committee members discussed a $26 million package of proposed projects; notable items include Jackson Plaza demolition (estimated demolition cost discussed in the meeting as roughly $2 million), a proposed public-safety complex (noted as moved off the immediate package in committee discussion), stormwater infrastructure, a sports-turf replacement at the Sportsplex and an ongoing Madison lease obligation.

Committee members discussed which projects are unavoidable obligations (for example, the Madison lease) and which are discretionary economic drivers. Staff emphasized that some projects are partially eligible for outside funding (grants for stormwater, joint funding opportunities for public-safety facilities) and that asset life should guide borrowing decisions. Members asked for prioritized lists tied to the rubric so the council can weigh borrow-versus-pay-as-you-go tradeoffs.

The committee did not adopt a specific revised bond package during the meeting but directed staff to refine priorities, provide clearer cost estimates for contested items (road construction alternatives discussed for the Ridgecrest/Madison area) and return with updated capacity estimates.