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Finance committee reviews midyear CIP status, staff proposes reallocations and deappropriations
Summary
City staff told the Finance Committee that $23.8 million in unspent CIP funds remain at year-end and proposed reallocating $2.4 million of general-fund CIPs and deappropriating $60,000; the committee asked staff to refine packages ahead of the March midyear budget review and approved the consent agenda.
City staff presented a midyear status review of the city's capital improvement projects to the Finance Committee on Feb. 17, 2026, proposing reallocations and limited deappropriations while outlining timelines for projects the committee will consider as part of the March midyear budget review.
A. Pedroza, assistant finance director, said CIPs are funded from sources including the general fund, Measure E and Measure G, special revenue and enterprise funds, development impact fees, assessment districts and construction grants. "At 12/31/2025, there was 23,800,000.0 in unexpended and unencumbered CIP budget," Pedroza said, and staff recommended shifting $2,400,000 of general-fund CIP allocations to other projects and deappropriating $60,000 for completed projects so the money would return to fund balance.
Staff also reviewed road improvement funds, saying "At December 31, there was 27,100,000.0 in unexpended" road…
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