Capital Projects Surcharge Fund Financial Status
Summary
The fund covering downtown venue capital projects is projected to stay on budget through FY31, though a contractually required $3 million lane replacement hits in FY28. Members will review the full five-year plan at the next meeting.
At a glance
- Total mentions
- 5
- Last 30 days
- 1
Discussed at 1 meeting in the last 60 days; most recently Oct 27, 2026.
Impact analysis
Fund projected on budget through FY31, with a $3 million lane replacement expense in FY28.
Residents and visitors who use the Reno Events Center and National Bowling Stadium, whose upkeep is funded by the surcharge.
Mentions & discussions (5)
Capital Projects Surcharge Advisory Committee Regular Meeting - Oct 27, 2026
The committee will review the financial health of the Capital Projects Surcharge Fund, which supports major civic infrastructure and facility upgrades. This fund helps finance important community improvements without adding direct pressure to general tax revenues.
REVISED Capital Projects Surcharge Advisory Committee Meeting - Aug 11, 2026
The fund covering downtown venue capital projects is projected to stay on budget through FY31, though a contractually required $3 million lane replacement hits in FY28. Members will review the full five-year plan at the next meeting.
Capital Projects Surcharge Advisory Committee Meeting - May 12, 2026
The committee is reviewing the financial health of the Capital Projects Surcharge Fund and evaluating funding for essential upgrades at the Reno Events Center and National Bowling Stadium. Key proposals include equipment replacements, HVAC repairs, and elevator modernizations.
Parks and Recreation Advisory Board Meeting - Feb 24, 2026
The advisory board reviewed and recommended approval for next year's capital improvement projects, focusing on safety, ADA compliance, and infrastructure maintenance across city parks.
Capital Projects Surcharge Advisory Committee Meeting - Feb 3, 2026
The $2 surcharge fund brings in about $1.1 million a year and is projected to hold $1.5 million by the end of 2031, even after a $3 million bowling stadium lane replacement in 2028. That fund pays for downtown venue upkeep that supports tourism events.
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