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Oroville outlines $17 million in projects and $9 million reserve in State of the City address
Summary
City Administrator Brian Ring told attendees at the April 28 State of the City that Oroville is holding a $9 million reserve and has budgeted roughly $17 million for major capital projects, funded largely through grants, with priorities including Hewitt Park improvements, Table Mountain/Washington corridor upgrades and sewer/lift-station work.
City Administrator Brian Ring outlined the city's finances and a slate of capital projects during the April 28 State of the City address at the State Theater.
Ring said the city has not drawn on its emergency reserve and confirmed, "No, we haven't spent a penny of the reserve. The reserve was established by... It's $9,000,000. It's about 33% of our budget," characterizing the fund as protection for major emergencies.
He said Oroville's operational budget is about $27 million and the council has identified roughly $17 million for major project work this fiscal year, with much…
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