Capital Committee Meeting - March 31, 2026

The City of St. Louis Capital Committee convened on March 31, 2026, to review and recommend the capital budget for the upcoming fiscal year. Key procurement-related discussions included adjustments to funding sources for hazardous tree removal, shifting $550,000 from general obligation bonds to regular capital funds due to amortization considerations. The committee also discussed lease purchase options for refuge trucks and city vehicle replacements to optimize capital and bond funding. The capital budget under consideration totaled approximately $226 million in critical items, with a focus on prioritizing projects such as park renovations, hazardous tree removal, and infrastructure improvements. Members addressed specific capital needs including repairs to the South Refuge Station and potential animal shelter facility funding, noting some projects remain uncertain or deferred. The committee agreed to recommend the capital budget for incorporation into the city’s overall budget process, while deferring final recommendations on the general obligation bond funding list pending further review with financial advisors. A follow-up meeting was planned to finalize bond funding recommendations.