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Finance committee approves $16 million budget for 2026 bond projects including Riverwalk and Greensboro Avenue
Summary
The Tuscaloosa City Finance Committee approved establishing a $16 million budget for the 2026 bond series, allocating $10 million to Northern Riverwalk Phase 2 and $6 million to a Greensboro Avenue pedestrian and loading-zone redesign. The vote was by voice and individual votes were not recorded.
The Tuscaloosa City Finance Committee on a voice vote approved establishing a $16,000,000 budget for the 2026 bond series, allocating $10,000,000 to Northern Riverwalk Phase 2 and $6,000,000 to a Greensboro Avenue pedestrian and operational redesign.
Speaker 2, a staff member presenting the item, told the committee the request follows a reimbursement resolution proposed Dec. 9 that would let staff begin work on two Elevate bond projects and that the reimbursement resolution will appear on the full City Council agenda next Tuesday for final approval. "That would create a budget of $10,000,000 for Northern Riverwalk and $6,000,000 for Greensboro Avenue," Speaker 2 said.
The committee discussed limits on drawing funds under the previously approved…
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