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HomeMy WebLinkAbout033731 ORD - 09/09/2025Ordinance adopting the Corpus Christi Fiscal Year 2025 — 2026 Capital Budget in the amount of $553,964,906.00, beginning October 1, 2025. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That the Fiscal Year 2025 — 2026 Capital Budget in the amount of $553,964,906.00is hereby adopted. A copy of the Fiscal Year 2025 — 2026 Capital Budget and Capital Improvement Program Planning Guide will be filed in the Office of the City Secretary. SECTION 2. Upon passage of this ordinance, certain sums of money from the sources identified in the planning guide shall be and are appropriated to cover the sums for expenditures as provided for each of the several funds in the Capital Budget. Introduced and voted on the day of W1\1-g( , 2025. PASSED and APPROVED on the r day ofO( 2025. Paulette Guajardo, May EFFECTIVE DATE ATTEST: ebecca Huerth, City Secretary o3313!. SCANNED Schedule of Adiustments CIP City of Corpus Christi Amendments to the FY 2025-2026 Proposed Capital Budget TOTAL PROPOSED REVENUES $ 764,541,650 TOTAL PROPOSED EXPENDITURES $ 764,541,650 Economic Development CIP Proposed Revenues $ 23,181,157 Adiustments: Decrease - Reinvestment Zone No. 2 - 1111 (2022) New (532,744) Total Adjusted Revenues $ 22,648,413 Proposed Expenditures $ 23,181,157 Adiustments: Decrease - Packery Channel Capital Repairs (532,744) Total Adjusted Expenditures $ 22,648,413 Water CIP Proposed Revenues $ 389,610,808 Adiustments: Decrease - State Water Implementation Fund Texas Loan Total Adjusted Revenues Proposed Expenditures Adiustments: Decrease - Inner Harbor Water Treatment Campus Total Adjusted Expenditures (210,044,000) 79,566,808 $ 389,610,808 (210,044,000) 79,566,808 TOTAL PROPOSED AMENDED REVENUES TOTAL PROPOSED AMENDED EXPENDITURES $ 553,964,906 $ 553,964,906