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City reports $1.04B in FY24 CIP spending, cites emergency stormwork and contractor capacity limits
Summary
Engineering and Capital Projects reported that FY24 capital spending exceeded $1 billion for the first time, highlighted emergency storm projects (~$40M), and warned of bidding challenges and contractor capacity constraints affecting delivery.
The city's Engineering and Capital Projects department told the council on Oct. 28 that fiscal year 2024 saw record capital spending and delivery but persistent operational challenges.
Assistant Director Karen McGriff said the FY24 adopted CIP budget was $704.1 million but, after council actions and project activity, the city expended about $1.04 billion on capital projects across 1,388 active projects. Public utilities comprised about 65 percent of activity, driven…
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