Albuquerque City Council Committee of the Whole Budget Advances Comprehensive 2025-2034 Capital Improvement Plan

ALBUQUERQUE – Albuquerque District 9 City Councilor Renée Grout, in her position as Chair of the City Council Committee of the Whole, today announced the Committee's proposed resolution approving the programming of funds and projects for the 2025-2034 Decade Plan for Capital Improvements, including the 2025 Two-Year Capital Budget. This resolution, once approved by the Council and enacted, will then be presented to the voters to approve the projects in the November municipal election.

The proposed resolution, R-25-117, adheres to the requirements outlined in 2-12-2 ROA 1994, and details a comprehensive plan that includes a Two-Year Capital Budget and long-term planning elements for four, six, eight, and ten years. The plan encompasses detailed requirements for program development, project scope, schedule, budget, justification, and alternatives.

“Council’s responsibility is to ensure that our Capital Improvements budget is transparent and prioritizes maintaining taxpayers’ infrastructure investments to meet the evolving needs of our community,” Councilor Grout said. "This resolution reflects a commitment to strategic planning and responsible allocation of resources, so that every taxpayer dollar is invested wisely."

A component of the proposed plan is the 2025 General Obligation (GO) Bond program. Following the successful approval of $200 million General Obligation (GO) bonds by voters in 2023, the Committee is proposing a $180 million GO bond package for the 2025 ballot.

"We understand that there are always more needs than available funding," Councilor Grout acknowledged. "However, we have worked diligently to prioritize projects that will have the most significant impact on our community. By paying off older bonds as new ones are issued, we will maintain fiscal responsibility while addressing critical infrastructure needs."

Historically, the GO bond program focuses on the renovation and rehabilitation of existing city facilities. Recognizing the importance of these assets, the Committee has prioritized funding for these essential projects.

"Our residents deserve good streets, parks, and community centers," Councilor Grout emphasized. "This plan addresses our City’s current needs but also plans for future needs. We've significantly increased funding for our existing infrastructure, streets, parks, and community centers."

The City Council has identified 112 specific projects across various sectors, including public safety, libraries, streets, and senior centers. This detailed approach contrasts with the Mayor's proposed program, which featured fewer projects and larger, generically named funding buckets.

"We believe that voters deserve transparency and clarity regarding how their tax dollars are being spent," Councilor Grout explained. "By identifying specific projects in specific locations, we are providing voters with a clear understanding of the impact of the General Obligation (GO) Bond program. This approach, which we have followed for over 20 years, enhances accountability and ensures that projects are aligned with community needs."

While the Committee has prioritized specific projects, it has also retained a few generic program titles to provide the administration with flexibility to address unexpected needs.

"We understand that unforeseen circumstances can arise," Councilor Grout noted. "By maintaining some flexibility, we can ensure that the city is prepared to respond to emergencies."

Addressing Potential Project Cost Increases

In anticipation of potential questions regarding project cost increases, Councilor Grout addressed the issue proactively.

"We recognize that project costs can fluctuate," she stated. "However, we have strategies in place to mitigate these risks. These strategies include completing projects in phases and exploring alternative funding sources. We are committed to ensuring that all projects are completed within budget and to the highest standards."

The Committee's proposed resolution will now move forward for consideration by the full City Council. The Council encourages residents to review the proposed plan and provide feedback.

"We are committed to a transparent and inclusive process," Councilor Grout concluded. "We encourage all residents to participate in the upcoming discussions and provide input on this important initiative. Together, we can build a stronger and more vibrant Albuquerque."

Key Highlights of the 2025-2034 Decade Plan:

• $180 Million GO Bond Program: Focused on renovation and rehabilitation of existing city facilities.
• 112 Specific Projects: Identified across various sectors, including public safety, libraries, streets, and senior centers.
• Increased Funding for Maintenance: Prioritizes the upkeep of existing streets, parks, and community centers.
• Transparency and Accountability: Provides voters with clear project details and locations.
• Fiscal Responsibility: If all the bonds pass, property taxes do not go up.
• Flexibility for Unexpected Needs: Retains generic program titles to address emerging priorities.