The Davenport City Council convened on February 8, 2025, to discuss the Fiscal Year 2026 budget presentation, focusing on the Capital Improvement Plan (CIP) for the next six years. The meeting highlighted the significant financial allocations and projected expenditures aimed at enhancing the city's infrastructure.

The CIP is structured as a six-year plan, with Year 1, which corresponds to FY 2026, receiving the only guaranteed funding of $67.9 million. The subsequent years, from FY 2027 to FY 2031, are projected to receive decreasing amounts, with Year 2 estimated at $60 million and Year 3 at $57 million. The budget reflects a notable increase compared to the historical average of $45 million over the past 12 years, indicating a commitment to large-scale projects.

Key infrastructure projects were outlined, with a substantial portion of the budget allocated to street improvements and sewer systems. Specifically, over $21 million is earmarked for the street network, which includes traffic engineering and related enhancements. In total, approximately 74% of the FY 2026 CIP is dedicated to streets and sewer collection systems, addressing community concerns about infrastructure needs.

The meeting also detailed various funding sources that contribute to the CIP. These include $7 million from bonds abated by the sewer fund, nearly $900,000 from solid waste bonds, and $18 million from federal and state grants. Local sales tax and road use tax also play a role, with the latter seeing an increase due to a state tax adjustment.

Council members were reminded of the importance of federal and state grants in financing these projects, as the absence of such funding would significantly hinder the city's ability to undertake major infrastructure improvements. The discussion emphasized the necessity of leveraging these grants to ensure the successful execution of planned projects.

In conclusion, the Davenport City Council's budget presentation underscored a proactive approach to infrastructure development, with a clear focus on addressing community needs through substantial financial commitments and strategic funding partnerships. The council plans to continue monitoring and updating the community on the progress of these initiatives as they unfold.