On November 5, 2024, Proposition A - $103.4 million bonds for streets projects was on the voting ballot. This streets bond initiative was approved by the voters. There are a total of seven projects that were approved. This budget amendment will establish all seven of the projects. However, only five of these projects are scheduled to receive funding at this time. The total amount to be appropriated for the current fiscal year is $19.4 million. The schedule found below is the plan for the next five years. The $10 mllion inflation amount will be appropriated by the City Council to the specific projects as needed over the next five years.
| |
FY25 |
FY26 |
FY27 |
FY28 |
FY29 |
Total |
| Broadway, Avenue Q to Avenue E |
$ 2,800,000 |
13,200,000 |
- |
- |
- |
$ 16,000,000 |
| University, 50th Street to Loop 289 |
7,100,000 |
0 |
- |
- |
- |
7,100,000 |
| Avenue P, 130th Street to 146th Street |
2,400,000 |
8,800,000 |
- |
- |
- |
11,200,000 |
| Upland Avenue, 98th Street to 114th Street |
- |
- |
15,600,000 |
- |
- |
15,600,000 |
| 146th Street, University Avenue to Avenue P |
3,600,000 |
- |
11,000,000 |
- |
- |
14,600,000 |
| 146th Street, Slide Road to Quaker Avenue |
3,500,000 |
- |
- |
11,800,000 |
- |
15,300,000 |
| 34th Street, Upland Avenue to Alcove Avenue |
- |
1,700,000 |
- |
- |
11,900,000 |
13,600,000 |
| Annual Total |
$19,400,000 |
23,700,000 |
26,600,000 |
11,800,000 |
11,900,000 |
$ 93,400,000 |
| Inflation ($10,000,000 was earmarked for inflation over the life of the bond) |
|
|
|
|
|
$ 10,000,000 |
| Bond Total |
|
|
|
|
|
$ 103,400,000 |
|