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The capital improvement program, or CIP, for Southlake was approved, but council will meet soon to discuss the priorities in future fiscal budgets.
During the Feb. 17 meeting, more than $36.7 million in planned projects for fiscal year 2025-26, which spans from Oct. 1, 2025, to Sept. 30, 2026, was formally approved. Council got the first look at the projects at a Jan. 6 meeting, according to previous reporting.
City Manager Alison Ortowski and Chief Financial Officer Sharen Jackson presented the FY 2026-30 capital improvement program framework during the Jan. 6 meeting.
The details: Various city departments presented 27 projects utilizing funding from nine different sources, totaling nearly $36.72 million, for the FY 2025-26 capital improvement program. Almost $23.23 million in cash has been allocated to the program, constituting 63% of the overall capital budget, according to city documents.
According to the presentation, the FY 2025-26 cash funding will total nearly $17.13 million and the remaining $6.1 million is reallocation from other funds.
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