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Committee notes removal of roundabout line item from 2026 budget; TIF funding described as contingent
Summary
Staff said the $3M Winkler/Old Member Road roundabout is being removed from the 2026 budget and can be reallocated to other street projects; TIF eligibility was discussed but officials said funding depends on future development and available TIF proceeds.
Committee discussion turned to a proposed change to the budget line items for a 2027 roundabout project. Speaker 1 said there was 'angst' about the Wakeler/Winkler/Old Member Road roundabout and offered to remove the roundabout line item from the budget and reallocate the money to concrete pavement or other streets. Speaker 5 clarified that removing the line item from the budget does not prevent the administration from later returning to council in the fall or late summer to seek funding for the roundabout if desired.
Council members questioned whether the $3M 2027 roundabout would be paid from a TIF fund; staff and members said the project would be eligible for TIF financing but that TIF proceeds are not currently sufficient and funding would depend on future development and the realized TIF balance.
No formal amendment or vote was recorded at the meeting; Speaker 5 noted the reallocation was placed on the record and staff can update budget sheets if the committee requests the change.
