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Notice of Public Hearing(Proposed Capital Improv.Prog. Budget2026)

­­­N O T I C E

Public Hearing

NOTICE IS HEREBY GIVEN a Public Hearing on the City of Monroe Proposed Capital Budget for FY 2025-2026 will be held by the City Council of the City of Monroe, Louisiana, in legal and regular session convened, at its regular meeting place, the City Council Chamber, City Hall Building, Monroe, Louisiana, on Tuesday, March 11, 2025, beginning at 6:00 p.m.

 

The summary of the proposed budget is as follows:

 

5-YEAR CAPITAL IMPROVEMENT PROGRAM

Project

Classification

 Project Count Project

Budget

 Sum of FY 26 Sum of FY 27 Sum of FY 28 Sum of FY 29 Sum of FY 30 Sum of Annual O&M Cost
Bridge 1  $          920,000  $         15,000  $         15,000  $          445,000  $        445,000  $                  –  $           4,600
Comm.Centers 6           6,020,000         1,510,000         1,510,000           1,000,000         1,000,000         1,000,000             25,100
Drainage 11         83,016,188       14,347,808       28,366,004         27,175,947         5,614,413         3,333,333           358,081
Fiber 1           2,000,000                    –                    –           1,600,000                    –                    –             10,000
Fire&/or Police 1         27,096,058                    –                    –           1,000,000         6,774,015         6,774,015                    –
Miscellaneous 2         24,960,280         2,730,140         2,730,140           9,500,000         9,500,000                    –           124,801
Parks/Rec 1               85,500             42,750                    –                      –                    –                    –                  428
Sewer 11         44,790,761         7,768,998         9,557,343           8,648,316       10,837,588         7,978,515           184,061
Sidewalks 3           4,843,800         2,230,150         2,330,150             283,500                    –                    –             24,219
Street 12       247,312,376         7,245,327       16,552,293         48,566,293       51,287,705       41,667,335           282,339
Transit 1           7,275,619           750,000         2,887,809           2,887,809                    –                    –             36,378
Water 10         23,832,550         6,020,050         6,962,503           4,287,500         3,812,500         2,750,000           105,413
Facilities 1           1,233,500                    –           483,500             750,000                    –                    –             12,335
Grand Total 61  $   473,386,632  $   42,660,223  $   71,394,742  $   106,144,365  $   89,271,220  $   63,503,197  $     1,167,755

 

 

Notice is further given that the budget is available for inspection in the City Clerk’s Office, 2nd Floor, City Hall Building, and can be examined by the public during regular business hours Monday through Friday, as well as online at monroela.us.

 

All interested persons are urged to attend this public hearing.

 

Carolus S. Riley, CMC,MMC

City Council Clerk

 

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