Boulder City unveils 5‑year capital plan with 48 projects slated for FY27, including pool and airport work

Boulder City officials presented a draft five‑year capital improvement plan (CIP) that lists 68 projects totaling roughly $146.5 million, with 48 projects proposed in FY27 at a combined $43.8 million.

Budget Manager Angela Menan said most of the change since the January draft reflects timing adjustments in utilities projects tied to an ongoing rate study rather than new projects or added cost. "The proposed five‑year capital improvement plan has 68 projects with a combined cost of 146 and a half million. For fiscal year 27 it includes 48 proposed projects for a combined cost of $43.8 million," Menan said.

Key FY27 items include the municipal pool reconstruction (funded by a combination of voter‑approved funds, donations and sale proceeds), airport taxiway construction with significant FAA matching, and a mix of enterprise‑funded utility projects. Menan noted the pool fund carries approximately $20.3 million from donations, voter‑approved funding and investment income; the FY27 CIP budgets $8.5 million of voter‑approved funding for the pool and expects additional Liberty Ridge sale proceeds to support the project.

Staff outlined CIP funding sources: enterprise funds (about 35% of FY27 funding), outside funding such as FAA grants and RTC support, governmental funds, and voter‑approved lease revenue. The FAA contribution was highlighted as key to airport projects, with staff noting FAA matches often cover roughly 90% of eligible capital costs.

Public works/utilities director Gary Po Dexter explained that rescheduling and phasing of utility projects across the five years is intended to preserve system reliability while matching the city's in‑house and third‑party capacity. "Each one of those projects is about reliability," Dexter said, describing prioritization of transmission, feeder and substation work and how timelines shifted to manage cash flow and construction capacity.

Councilmembers asked about Liberty Ridge (a development with staggered payments) and staff said one of three scheduled increment payments has been received and later payments are expected per the development agreement; staff will circulate a leases/expiration list to council. Staff also reported the city has about $300,000 remaining of ARPA funds and that the pool project's advance cash allowed the city to earn roughly $1.7M in investment income supporting the pool fund.

No formal votes were taken; staff will return with any additional clarifications before the May 26 final budget and CIP adoption.