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Franklin presents 10‑year capital investment plan update: $458M plan, 70% cash funding, projects and scorecard
Summary
City staff briefed the Board on the fiscal 2026–35 Capital Investment Plan (~$458 million), noting $57.8M in completed projects (2020–2024), four 2025 completions totaling over $21M, a $102M new city hall budget and a proposed data‑driven project scoring system and public CIP dashboard to increase transparency.
Michael Walters Young (chief budget performance officer) and colleagues presented the first quarterly update on the fiscal 2026–2035 Capital Investment Plan. Michael said 14 projects were completed from 2020–2024 totaling about $57.8 million in public investment; in 2025 four projects completed totaling over $21 million, including Bicentennial Park and the Harlinsdale barn restoration. Michael noted Bicentennial’s final…
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