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Cary trustees review $70M five‑year CIP; staff recommends closing vehicle fund and pursuing prioritized road, water and park projects
Summary
At a Jan. 27 CIP workshop trustees reviewed a FY27–31 capital plan with roughly $70M in needs and $41M projected funding. Staff proposed moving vehicle and equipment purchases into the general fund (supported by non‑home rule sales tax receipts), discussed STP hold on 1st Street and reaffirmed direction to advance the Hilltop sidewalk safety project.
Village staff presented a comprehensive FY27–31 Capital Improvement Program (CIP) workshop on Jan. 27 that outlined accomplishments, shovel‑ready projects, long‑range unfunded needs and a staff recommendation to restructure vehicle/equipment funding.
Assistant Administrator Nick Radcliffe opened the workshop and said the presentation is Workshop #1; subsequent workshops and final budget consideration in March and April will refine priorities and funding. Finance Director Kelly Brainard summarized the five‑year project list, noting total CIP needs around $70 million with $41 million of projected funding; the forecast excludes potential grant revenues and a $12 million IEPA loan forgiveness that applies to a water well project.
Major highlights and staff recommendations
- Roads and pavement condition: Public Works reported a village pavement…
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