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City Parkway 5 board approves FY 2026–27 operating budget, cites asset sales and $10.5M museum contribution
Summary
After a staff presentation, the City Parkway 5 board voted to approve the FY 2026–27 operating budget, which projects proceeds from asset sales, authorizes professional services spending, and includes a $10.5 million contribution to the Las Vegas Museum of Arts.
The City Parkway 5 board on Jan. 26, 2026 approved its fiscal year 2026–27 operating budget following a staff presentation that outlined major revenue and expense items.
Kelly Swanson, administrative officer with Economic and Urban Development, summarized large projected inflows and authorities built into the budget. "The large gain on disposal of assets, that is 8,000,000 for expected for the sale of o 2 and 2,200,000.0 for the sale of j k," Swanson said, and she noted a projected $10,000,000…
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