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Council reviews FY2026–27 budget preview, ranks CIP projects including bridge expansion
Summary
City staff previewed the proposed FY2026–27 budgets and a five‑year CIP list that ranks the bridge expansion and bridge realignment as top priorities; staff said the proposed documents are balanced and described planned capital outlays and grant matches.
Administration presented a preamble to the proposed FY2026–27 budget and a ranked five-year Capital Improvement Plan (CIP) on Aug. 4; no budget adoption occurred at the meeting. Staff said total proposed operational revenues across funds total about $67.5 million with transfers yielding total resources near $89.8 million and that general-fund projected revenues are $24.3 million with transfers from enterprise funds.
The presentation showed a citywide surplus of about $1.5 million in the draft documents and a proposed capital-outlay list totaling roughly $2.7 million. Staff emphasized the CIP is a planning document: ranked projects include bridge expansion (rank 1), bridge realignment (rank 2), and a regional detention pond among the top items. Council discussed funding sequencing, the possibility of issuing debt or bonds, and the need to increase non-bridge revenue streams. Staff agreed to provide additional detail on restricted reserve funds and to distribute monthly updates on the bridge reserves and surpluses.
