1. Capital Outlay, Capital Improvement Program (CIP) , and Enterprise Funds

July 21, 2026 City Council Regular Session · 2026-07-21 · agenda_item

The City of Mount Dora is reviewing its Fiscal Year 2026, 2027 budget, which includes significant capital improvement plans. Proposed projects include facility upgrades like replacing the Community Building HVAC system and partial roof replacement at the Public Library. Utility infrastructure improvements, including substation repairs and advanced metering, are also under consideration. Additionally, the city is evaluating the reconstruction of the Fourth Avenue Docks and developing a master plan for stormwater management to address flooding issues. The city is actively seeking grant funding for these projects. Local contractors, trades, suppliers, and service providers are encouraged to engage early in this planning and review phase, as this work will involve site preparation, utility installation, construction, and specialized trades before final bids and permits are issued.

Fiscal Year

2026–2027

minimum value for capital outlay

5,000 $

proposed Electric Fund capital program

622,000 $

proposed Water/Wastewater Fund budget

18.8 million $

proposed water and wastewater rate adjustment

6.5 percent

proposed sanitation rate adjustment

2.56 percent

proposed Stormwater Fund rate increase

6 $