Subject:
Title
8:00 p.m. - 9:00 p.m. Capital Improvement Plan 2026-2042 (Work Session #2)
Body
DATE(S) OF PRIOR COUNCIL CONSIDERATION OF THIS ISSUE:
Sept. 15, 2025
EXPLANATION AND SUMMARY:
This is the second work session on the Town’s Capital Improvement Plan. This work session allows Town Council to give staff direction on the proposed Capital Improvement Plan that is scheduled for adoption on Oct. 27, 2025.
The CIP outlines large projects proposed for funding through bond issuances and additional external funding sources, such as grants. It also includes water and sewer projects, funded through water and sewer fees.
It is the Town’s practice to issue tax-exempt municipal bonds for capital projects in even-numbered years. The presented package covers projects planned for the 2026 and 2028 bond issuances, as well as the status of projects from previous bond issues.
Recommendation: Staff recommends the Vienna Town Council review the CIP and give staff direction to proceed with the plan. A request for plan approval is on the Oct. 27, 2025 Town Council meeting agenda.