FY2027 Capital Loan Order

At a glance

  • What: the annual loan order appropriating $43,468,416 for capital improvements, planning, equipment and related architectural and engineering services (item 23a).
  • Where it stands: resolved. Adopted 8-3 on 2026-07-21 (nays: Robert A. Bilotta, King, Luis A. Ojeda).
  • Next: none recorded.

Terms and discussion

  • The order lets the city change account numbers or move funds between listed accounts for administrative purposes without further Council approval, as long as the project for which the funds were authorized does not change.
  • Khrystian E. King asked whether voting yes meant giving up Council approval for moving money between accounts; the Mayor said it is the same language voted on every year.
  • Related background on borrowing capacity is in Street Resurfacing Capital Loan Program.

Decision

  • Adopted 8-3 on 2026-07-21.

Log

  • 2026-07-21 - City Council — Item 23a: $43,468,416 loan order adopted 8-3 on a roll call after King's question about the account-transfer language.