Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budgeting topic
No spam. Unsubscribe anytime.
Committee debates PI forecast and turf-field cost; sponsorship discussed to offset FY29 impact
Summary
Committee members reviewed a PI forecast that included a TDA estimate and discussed a $1.1 million turf-field cost projected in FY29; staff said they are exploring sponsorship to offset the expense and will present details at board meetings in August.
S2 (Staff member) and S6 (Committee member) briefed the committee on five-year PI planning and capital impacts. S2 said the district has an estimate from TDA focused on Buckeye that included a $120,000,000 figure for rebuilding and noted staff do not yet have a full breakdown. S6 flagged the turf-field replacement cost that appears in FY29 at roughly "$1,100,000" and said the district hopes to offset that through a local sponsor rather than absorb the full cost in PI funds.
Committee members discussed setting aside smaller amounts annually to smooth future replacement costs—one member suggested putting $100,000 a year into a turf replacement fund—and the need to capture furniture and technology outfitting costs in the five-year forecast so any levy ask reflects accurate projected needs. The committee agreed staff should refine estimates and present findings at August board meetings prior to any final funding decisions.
