Bonds and debt items in Town of Fuquay-Varina
6 items. Each one links to the meeting it was on. This is the bottom of every drill-down on this site: whatever a chart says, the items behind it are here to be counted.
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| Subject | Items |
|---|---|
| Bonds and debt | 6 |
| Roads and transportation | 4 |
| Budget and appropriations | 2 |
| Tax rate and revaluation | 2 |
| Fees and utility rates | 1 |
| Parks and recreation | 1 |
| Public facilities | 1 |
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Staff present the recommended operating budget for the fiscal year starting July 2026 and a five-year capital plan.
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Staff reviewed $44 million in completed and $57 million in funded/upcoming transportation projects, plus four cost-ranked unfunded options, and the tax and bond implications of adding new ones.Board chose to complete the existing $57 million portfolio before pursuing new bond-funded projects; removed the Holland Road/Purfoy Road intersection project in favor of Sunset Lake Phase II overrun…
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Staff covered the recreation fee-in-lieu formula, Library Park renovation concepts, naming of a new park near Willow Springs Elementary, a hospitality-tax grant for Fleming Loop Park turf, South Park Community Center renovation options, and five-year capital project prioritization.Board directed hiring a consultant to reassess the fee-in-lieu formula, chose the higher-cost South Park renovation concept for public input, named the new park 'Kennebec Road Park,' and prioritized…
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Staff revisited the four highest cost-ranked transportation projects and a downtown streetscape project on S. Fuquay Avenue.Board agreed to advance the W. Academy Street/Railroad project pending a finance impact assessment, and to complete the existing $57 million portfolio before considering new large transportation spen…
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Consent approval of a project ordinance amendment recognizing transportation bond proceeds for street capital projects.
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A resolution issuing 10 million dollars of voter-approved general obligation transportation bonds, authorizing the town manager and finance director to handle the bonds, federal tax compliance and the financed projects.Adopted as part of consent agenda, 4-0 (Resolution 25-1946)
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