City Council Study Session 2, 5/6/25

The City of Norman, Oklahoma City Council held a study session on May 6, 2025, primarily focused on reviewing the Fiscal Year Ending (FYE) 2026 Capital Improvements Program (CIP) budget and the capital improvements plan through 2030. Budget analysts presented detailed information on capital sales tax revenues, project appropriations, and fund balances, highlighting a projected negative $8.2 million available for new projects in FY26 and proposing a $14.4 million expenditure from $17.5 million in sales tax revenue. Key projects discussed included sidewalk repairs, street maintenance, stormwater projects, and IT hardware/software upgrades. The council also reviewed bond-funded projects, including transportation and street maintenance bonds, with discussions on timing for bond elections and debt service payments. Additionally, the session covered proposed amendments to zoning plans and comprehensive plan updates, including changes to definitions and references in the zoning ordinance to align with the new AIM Norman comprehensive plan. The council was informed about upcoming planning commission reviews and scheduled ordinance readings in June. No specific contract awards or vendor selections were mentioned, but the session involved significant budget allocations and capital project planning.