Committee authorizes bond resolution for $3.29 million in capital projects
The committee approved a resolution authorizing capital projects included in the adopted 2026 budget and the issuance of up to $3,294,828 in serial bonds to fund those projects, including heavy equipment for the Department of Public Facilities and sheriff department projects.
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Kitty Lyons, director of finance, told the committee the adopted 2026 capital budget included about $3.294 million in projects to be funded with serial bonds and that the resolution authorizes issuance of up to $3,294,828. Lyons said roughly $1.03 million is for Department of Public Facilities heavy equipment and the balance covers three sheriff department projects; staff recommended granting the director of finance authority to proceed with the borrowing process.
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