Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Finance Committee reviews 10‑year capital plan, highlights bike‑path grant and major equipment purchases
Summary
Finance committee members reviewed the 10‑year capital plan and 2026 budget, emphasizing a $1,000,007.50 intergovernmental grant for a bike‑path phase, expected reimbursements, a $14.6M capital subtotal and nearly $17M in total capital projects, plus numerous equipment replacements.
City finance staff presented the draft 10‑year capital plan and the 2026 budget to the Finance Committee, highlighting intergovernmental revenues, numerous capital projects and equipment purchases.
The presentation called out a $1,000,007.50 intergovernmental grant tagged for the Phase 3 bike path between Cleveland Road and Trenton; Speaker 1 said the city could receive $1,750,000 in reimbursement if the project completes next year. Staff also listed an ODOT paving allocation (about $200,000), a $250,000 state contribution toward a hospital…
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
