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Capital Improvements advisory board approves FY2027 CIP budgets, earmarks $3M for Covell right-of-way
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Summary
The Capital Improvements Projects Advisory Board voted to approve the proposed FY2027 budgets for the 2000 and 2017 capital-improvement sales taxes and will forward the package to City Council on April 27. The budgets include a proposed $3 million allocation for right-of-way acquisition on Covell Parkway and continued funding for major street, trail and public-safety projects.
The Capital Improvements Projects Advisory Board voted to approve the proposed FY2027 capital improvement budgets for the 2000 and 2017 sales-tax funds and will forward the package to City Council for final consideration on April 27.
Brad Rainey, a city staff presenter, told the board staff used a “0% growth” sales-tax projection for FY27 and that the 2000 CIP sales-tax pool is expected to generate roughly $17.1 million for the year, with roughly $12.4 million already obligated to debt service. "These are about the best deals that we can score," Rainey said of intergovernmental cooperative projects that let the city partner with Oklahoma County on resurfacing and reconstruction work.
Why it matters: the FY27 proposal preserves funding for recurring street maintenance and lays out multi‑year spending on larger intersection projects. The board’s packet lists projects including annual street rehabilitation ($4.5 million in FY27), the Vista–KickingBird connector design ($180,000), Spring Creek–Carl Rearman trail construction ($2.5 million), Arcadia Lake restroom improvements ($800,000) and ITS Phase 5 server upgrades ($200,000).
The board also agreed to set aside $3 million in FY27 for right‑of‑way acquisition and relocations along Covell Parkway — an up‑front expense Rainey and Steve Lawrence, the city’s right‑of‑way acquisitions lead, described as the necessary first step before major intersection work can proceed. "The very first thing is right‑of‑way," Lawrence said, noting full solutions at Covell and Coltrane will likely require additional years and outside funding.
On the 2017 CIP fund — which stops collecting March 31, 2027 — Rainey listed planned FY27 items including a Police Lake patrol facility ($5 million), Fire Station 3 relocation ($8.5 million), and Creek Bend Trail Phase 2 ($2.7 million). He emphasized that although the 2017 fund will stop collecting, expenditures may continue to be paid from fund balance.
Board members flagged a spreadsheet discrepancy in the presentation (8.5 million versus 10.4 million in one slide) and asked staff to reconcile the figures before the council presentation. Rainey said staff will adjust the FY26/27 columns to reflect the nine-month collection window for the 2017 tax and will finalize figures after audit.
The board voted to approve the two CIP budgets as presented, with the adjustment to the 2017 sales-tax revenue line. The meeting record does not include a roll-call tally in the transcript; the board chair said the motion passed and staff will submit the final presentation and supporting documents to the city clerk for the April 27 City Council agenda.
