Council authorizes CPST-5 revenue agreement with county and adopts five-year capital improvements program
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Summary
Following staff presentations, council approved a revenue recipient agreement for Capital Project Sales Tax (CPST-5) to receive an estimated $79.7 million and adopted the 2026–2031 Major Capital Improvements Program, including airport runway work largely funded by FAA grants.
City staff presented a resolution authorizing the City of Aiken to enter into a CPST-5 revenue recipient agreement with Aiken County following passage of a countywide referendum in November 2024. Staff estimated the city's allocated receipts across the CPST-5 round at just under $79.7 million and explained that reimbursements will be made on a project-by-project basis. The county ordinance requires municipalities to enter recipient agreements to ensure proper transfer of funds.
Staff also presented the required 2026–2031 Major Capital Improvements Program (MCIP). The MCIP lists projects and funding sources and noted a proposed nearly $8 million runway conversion at the airport, funded primarily by a Federal Aviation Administration grant (95%) and state contribution (2.5%), leaving a roughly 2.5% local share. Councilmembers asked about road-paving funding levels and urged attention to realistic engineering cost estimates. Staff said they would consider dedicating reassessment growth funds to paving and continue work on a roadway evaluation program.
Council approved both the CPST-5 recipient agreement resolution and the MCIP by voice votes. Staff will work with the county on reimbursement processes and proceed with project planning consistent with grant requirements and available funding.