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Staff: six‑year capital facilities financial plan totals roughly $1.12 billion; $36 million additional general‑purpose need noted
Summary
Community Planning staff told the commission that Appendix G (the six‑year capital facilities financial plan) lists about $1.12 billion in expenditures for 2026–2031, with earmarked sources of roughly $1.045 billion and an estimated additional need of about $36 million in general-purpose resources.
Amy Wooten, with Community Planning, summarized Appendix G at the July 16 work session and walked commissioners through the six‑year capital facilities financial plan (2026–2031).
Wooten said the plan’s table summaries show total estimated costs of about $1,120,000,000 and earmarked sources and appropriated revenues around $1,045,000,000. She also stated an additional $36,000,000 in general‑purpose resources will be needed, based on the plan’s financial impact summary.
Wooten reviewed subcomponents used in the tables: a transportation improvement program summary (staff cited total resources around $251,000,000 for the TIP), parks and lands (total estimated resources about $77,000,000, including roughly $21,000,000 from general purpose resources), stormwater drainage and water quality (roughly $20,000,000 in resources in the table), and county buildings and other facilities (existing needs stated at about $769,000,000). She said fund balances for Real Estate Excise Tax (REET) funds are shown at about $11,000,000 for REET 1 and $36,000,000 for REET 2 (about $47,000,000 total).
Wooten said the appendix includes new language on public/private shares for new development investments, clarifies resources, and reflects updates provided by Public Works and General Services staff. She noted that some table text and strike/underline edits made the tables harder to read in the presentation and apologized for the formatting while reviewing figures.
What comes next: the financial plan tables and assumptions will be refined with input from jurisdictions and service providers and returned for the record during the adoption process. No vote or formal action was taken at the work session.
Note on transcript ambiguity: the transcript contains one unclear numeric line in Wooten’s readout (a dotted number that appeared as "74 point 70,400,000"); staff slides and the published appendix should be consulted for the precise figure; the article uses the clearer table totals Wooten stated elsewhere in her presentation.
