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Staff identifies roughly $43 million in potential CIP reappropriations; council asks for follow-up
Summary
City staff reported that after a year of project closeouts and audits, about $43 million is identifiable as potential reappropriation for capital projects pending reserve calculations and restrictions; council requested detailed follow-up and recommended quarterly sweeps.
City staff presented a high-level audit of pending and closed Community Investment Program (CIP) projects and told council they identified roughly $43 million in project funds that may be available to reallocate once legal constraints and reserve requirements are confirmed. Staff described a proactive process of closing older projects, releasing restricted reserves where permitted, and distinguishing city-only projects from developer-funded work.
Mr. Freeman summarized the audited closeouts and active-project counts: 159 closed projects in the most recent closeout and about 441 active CIP projects as of March 2026, with approximately $631 million of city-only project budgets still active. "Ultimately we're looking at 8,600,000 potentially in drainage utility funds, 27,000,000 water and sewer... and general fund 7.5 for a total of 43,000,000," Freeman said. Councilmembers pressed for clarity on whether some funds were transferred historically to other projects and asked staff to provide a more detailed departmental-level budget/actuals report before the next meeting.
Council directed staff to bring refined closeout numbers showing the amounts that are genuinely unrestricted and available for re-budgeting, and to incorporate those figures into the FY27 CIP prioritization and into a formal reappropriation policy the council approved earlier in the meeting.
