ABQ Times

Albuquerque City Councilor Renée Grout, Chair of the City Council Committee of the Whole, announced a proposed resolution for the 2025-2034 Decade Plan for Capital Improvements. This plan includes a Two-Year Capital Budget and will be presented to voters in the November municipal election.

The resolution, R-25-117, complies with 2-12-2 ROA 1994 requirements and outlines a detailed strategy involving program development, project scope, schedule, budget justification, and alternatives. "Council’s responsibility is to ensure that our Capital Improvements budget is transparent," stated Councilor Grout.

A significant element of the proposal is the 2025 General Obligation (GO) Bond program. Following a $200 million GO bond approval in 2023, the committee suggests a $180 million package for 2025. "We understand that there are always more needs than available funding," Grout acknowledged.

The GO bond program traditionally focuses on renovating existing city facilities. The committee has prioritized these projects due to their importance. "Our residents deserve good streets, parks, and community centers," emphasized Grout.

The council identified 112 specific projects across sectors like public safety and libraries. This approach contrasts with the Mayor's fewer but larger project proposals. "We believe that voters deserve transparency," explained Grout.

While prioritizing specific projects, some generic titles remain to allow flexibility for unforeseen circumstances. "By maintaining some flexibility, we can ensure that the city is prepared to respond to emergencies," noted Grout.

Addressing potential cost increases proactively was also discussed by Grout: "We recognize that project costs can fluctuate."

The proposed resolution now awaits full City Council consideration. Residents are encouraged to review and provide feedback on this initiative. "We are committed to a transparent process," concluded Grout.

Key highlights include:

$180 Million GO Bond Program: Focused on renovation and rehabilitation of existing city facilities.

112 Specific Projects: Identified across various sectors.

Increased Funding for Maintenance: Prioritizes upkeep of infrastructure.

Transparency and Accountability: Provides clear project details.

Fiscal Responsibility: No property tax increase if bonds pass.

Flexibility for Unexpected Needs: Retains generic program titles.