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Waterville council adopts 2026 five‑year capital program with $1.66 million in grants noted
Summary
Council held a public hearing and adopted Resolution 32‑25 approving the City's 2026 five‑year capital plan; staff reported $1,655,163 in grant funding supporting planned capital expenditures.
The City of Waterville council held a public hearing and approved Resolution 32‑25, adopting the 2026 five‑year capital program for municipal funds and departments.
Municipal staff summarized the plan and revenue outlook, reporting the city would receive $1,655,163 in grant funding for 2026. The municipal administrator told council the finance committee recommended approval after reviewing revenues, expenditures and a prefunding schedule; he said the capital program pages include equipment, debt service and water/sewer capital items.
Council accepted public comment during the hearing and then voted to move Resolution 32‑25 forward. Councilmember John Rosick suggested adding funds to replace aging council‑chamber chairs and to continue improvements to audio/visual equipment; staff said the AV item is included as a $15,000 line and the fireworks allowance remains in the operating budget at $50,000.
The resolution was adopted by voice vote following the public hearing. Staff said adopting the five‑year plan earlier in the year helps prepare the 2026 operating budget and capital work schedule.
