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Burleson council amends five-year CIP and authorizes notice of intent to issue certificates of obligation
Summary
Council unanimously approved amendments to the FY2025–2029 capital improvement plan—adding projects, adjusting timing and reallocating funding—and approved publication of a notice of intent to issue certificates of obligation, with staff explaining parameter-ordinance options amid volatile markets.
The Burleson City Council on June 16 approved a staff-recommended amendment to the five-year Capital Improvement Plan covering fiscal years 2025–2029 and heard staff analysis of next steps to issue certificates of obligation (COs) to fund those projects.
Deputy City Manager Eric Oskarsen presented an amended CIP that, according to staff, shifts allocations to reflect council direction earlier in the year, moves equipment previously funded from the equipment replacement fund into the capital program,…
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