Mr. Peterson explained the amendment. Approved unanimously.

Finance Committee · 2026-06-16 · agenda_item

This item concerns the City of Jacksonville's Finance Committee and their upcoming budget cycle. During this cycle, the committee will closely review Capital Improvement Plan (CIP) funding. This review process is currently under consideration. The city is exploring options related to the sale of bonds, with a waiver for competitive sale being discussed. This review could lead to future projects requiring various construction and professional services. Local contractors, suppliers, and service providers are encouraged to monitor this process. Engaging early, before specific project plans and permits are finalized, offers an advantage in understanding potential future needs.