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Boca Raton details $1 billion, six-year CIP; $287 million slated for FY24-25
Summary
Financial Services Director Jim Zervos told council the six-year Capital Improvement Program totals roughly $1 billion, with about $287 million proposed for fiscal year 2024-25, funded largely by locally generated revenue and including major utility and transportation projects.
Jim Zervos, the city's financial services director, presented a six-year Capital Improvement Program that includes roughly $1 billion in projects and about $287 million planned for fiscal year 2024-25.
Zervos said the plan spans heavy infrastructure, vehicles and equipment and ties to council strategic priorities. "If you look at a timeline over the 6 years, you'd see about $287,000,000 of that is actually planned for this next fiscal year,…
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