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Council moves to pay down completion grants, restores departmental cuts tied to lapse savings
Summary
The committee approved several budget items to repay approved completion grants sooner and restore a 2% departmental lapse using debt savings; staff and council discussed outstanding committed unfunded projects and the need for clearer budget-year tracking.
The Neighborhoods committee on March 2 approved a package of bills intended to reduce the backlog of approved completion grants and to restore a previously proposed 2% lapse on certain departmental line items.
Council Member Ron Salem said a $693,000 change included in bill 2026-0092 "completely cover[s] the Four Seasons hotel completion grant" that otherwise would not have been paid until…
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