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Council reviews FY2027 approach for fitness center, roads CIP and impact‑fee funds
Summary
Finance staff said the city will not pursue a full fitness‑center renovation or bonds this year; the city currently subsidizes about 35% of the fitness center and will present recommended improvements later. Road CIP was adjusted for a $400,000 truing up; impact fee revenues are projected to decline with several capital projects listed for FY2027.
Finance Director Anna Montoya told the council the FY2027 budget approach will prioritize essential improvements rather than a full renovation for the fitness center; revenue is expected to remain flat and the city currently subsidizes about 35% of the facility's operations. Montoya said operating costs rose about 10% largely due to maintenance and utilities and that any capital projects would be brought back to council for consideration.
On roads and impact fees, Montoya described a $400,000 truing up of sales tax revenue in the Roads CIP and a conservative forecast for impact fee revenue owing to reduced development activity. She listed FY2027 projects eligible for impact fees—including the 700 North extension (design), the 200 South/300 West roundabout (MAG), Pony Express Corridor (city 50% MAG match), 1100 South/100 East intersection and Lakeshore Drive Phase 1—and said staff will return with more detailed budget materials in late April and a tentative budget presentation on May 5.
