Fiscal Year 2027-2036 Capital Improvement Plan Work Session - June 9, 2026

The Arlington County, VA Board held a Fiscal Year 2027-2036 Capital Improvement Plan (CIP) work session on June 9, 2026, focusing extensively on transportation-related capital projects and funding strategies. Key procurement discussions included the proposal to issue $83 million in Transportation Capital Fund (TCF) revenue bonds for projects such as the Boston West Entrance and ART bus purchases, marking the first time TCF bonding is included in the CIP. The board reviewed funding constraints due to a $100 million loss in local transportation revenues, leading to increased reliance on external state and regional grants, as well as bonding. Specific projects discussed included Metro station expansions, ART bus fleet replacement and expansion with battery electric buses, complete streets improvements, and signal upgrades with significant cost escalations. The board also addressed risks related to developer contributions, project delays, and operational cost increases, particularly for electric bus energy costs. Debt service projections were reviewed, with an emphasis on maintaining affordability within operating budgets and historical revenue growth. The session included detailed Q&A on project timing, funding sources, and procurement status, including ongoing design-build procurements and grant applications. The meeting concluded with a vote on historic preservation funding guidelines unrelated to procurement.