• This bill will correct FY 25-26 budgeted Capital Improvement Projects by:

Finance Committee · 2026-08-04 · agenda_item

The Finance Committee of the City of Jacksonville is reviewing proposed corrections to Fiscal Year 25-26 budgeted Capital Improvement Projects. These corrections involve an approved transfer between the Cahoon Road Project and the Old Middleburg Project. Additionally, the use of funding from the Palm Avenue Improvements Project for the Cecil Equestrian Facility and Southside Tennis Complex projects is being removed. The funding for these two projects will now come from the Project Closure activity and available funding within the ETR Bonds, Series 2004, Autumn Bonds. These adjustments are intended to correct existing project budgets and will not change the overall project funding amounts. This item is currently pending review by the Finance Committee. The work involves financial adjustments and reallocations for existing capital improvement projects. Local contractors, trades, suppliers, and service providers are encouraged to monitor this review process as these financial corrections could impact future project planning and resource allocation.