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Liberty Lake council hears $131 million capital‑needs estimate and options to close a six‑year $18.8 million gap
Summary
City staff presented a 20‑year capital facilities estimate of roughly $131 million and a six‑year funding gap of about $18.8 million; council and staff discussed grant pursuit, low‑interest state loans, local improvement districts, tax levers and bond options to close the gap.
City staff on Tuesday outlined a long‑term capital plan that projects about $131 million in investments over 20 years and a funding gap of approximately $18.8 million over the next six years.
Kyle, the presenter on the city’s finances, summarized the first‑quarter financial touchpoint and walked council through the capital facilities analysis. He said the city currently budgets roughly $12.6 million available for capital in 2026 and forecasts about $20.7 million dedicated to capital over the next six years, but that projected…
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