Critical PriorityTaxes Budgetopen

FY 2026/27 Redevelopment Agency Budget and Capital Improvement Plan

Summary

The board approved the annual budget and capital improvement projects for Redevelopment Areas 1 and 2, directing funds toward street improvements, neighborhood stabilization, and public programs.

At a glance

Total mentions
7
Last 30 days
1

Discussed at 2 meetings in the last 60 days; most recently Nov 4, 2026.

Impact analysis

💰Financial impact

Allocates millions of dollars in tax increment revenue toward capital projects and programs across RDA 1 and RDA 2 while paying off existing bond debt.

✅Who benefits

Downtown and Midtown residents, local business owners, and community members relying on improved public spaces and neighborhood infrastructure.

⚠️Who could be affected

Projects experiencing continued deferral due to severe capital funding constraints.

Mentions & discussions (7)

MeetingNov 4, 2026

Redevelopment Agency Board Meeting - Nov 4, 2026

The Agency plans to spend up to $1.8 million over three years on four consulting firms for analysis, underwriting, advisory, and financial work tied to redevelopment projects. This shapes which downtown projects get vetted and how redevelopment dollars are spent.

MeetingOct 5, 2026

Redevelopment Agency Advisory Board Regular Meeting - Oct 5, 2026

The RDA extended its ReStore program deadline to October 16, approved $3.1 million in TIF help for 521 Lake Street, finished the Amtrak station bathrooms, and brought in a new Parking Gallery operator. The 264 Keystone building RFP heads to City Council November 4 for disposal of that property.

MeetingMay 6, 2026

Redevelopment Agency Board Meeting - May 6, 2026

The board approved the annual budget and capital improvement projects for Redevelopment Areas 1 and 2, directing funds toward street improvements, neighborhood stabilization, and public programs.

MeetingMar 4, 2026

Special Reno City Council Meeting - Budget Workshop - Mar 4, 2026

The council reviewed extensive capital improvement requests totaling $118 million for general fund needs, alongside millions more in enterprise and special revenue funds for roads, parks, and wastewater infrastructure.

MeetingMar 2, 2026

Redevelopment Agency Advisory Board - Mar 2, 2026

Outside legal counsel presented a review indicating that RDA funds cannot generally be used for general police salaries, but may be used in narrow circumstances tied directly to specific redevelopment projects.

MeetingFeb 13, 2026approved

Truckee Meadows Stormwater Reclamation Facility Joint Coordinating Committee - Feb 13, 2026

The committee reviewed capital project progress across fourteen active projects and approved funding reallocations for fiscal year 2026 alongside the adoption of the 5-year capital improvement plan for fiscal year 2027.

MeetingJan 22, 2026

Truckee Meadows Stormwater Permit Coordinating Committee Regular Meeting - Jan 22, 2026

Stormwater monitoring eats up a big chunk of this year's budget, leaving no room for extra tasks. The coordinator is asking WRWC and NDOT for more money next year.

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