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TO: |
Board of Trustees |
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THROUGH: |
Jay Fox, Executive Director |
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FROM: |
Jared Scarbrough, Acting Chief Capital Services Officer |
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PRESENTER(S): |
Jared Scarbrough, Acting Chief Capital Services Officer |
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Daniel Hofer, Director- Capital Programming and Support |
TITLE:
title
Revised 2026-2030 Five-Year Capital Plan Overview
end
AGENDA ITEM TYPE:
Discussion
RECOMMENDATION:
For information and opportunity to provide feedback
BACKGROUND:
UTA’s 5-year Capital Plan is required to be updated every year, per the UTA Board of Trustees Policy 2.1 Financial Management. The 5-year Capital Plan includes all construction, capital improvements, major equipment purchases, and other special projects requiring expenditures over $25,000. This includes projects that are funded partially or fully by outside funding sources, such as grants or local partners.
The plan is required to be financially constrained and maintain assets at a state of good repair, to protect UTA’s capital investments, and minimize future maintenance and replacement costs. Five-year forecasts help mitigate the challenges of applying a one-year budget to multi-year projects and support long-range financial planning and prudent management of the Enterprise.
This proposed 5-Year Capital Plan covers the period from 2026 through 2030.
DISCUSSION:
Staff will present the 5-year Capital Plan for 2026-2030 for Board information as well as highlight 2026 specifically. Information will include feedback and changes incorporated since the Board Budget Work Sessions.
This discussion will be a continuation of the discussion that was held during the Board Budget Work Sessions earlier in the month of August. UTA staff will highlight any changes that have occurred between the Board Work Sessions and this presentation.
ALTERNATIVES:
The Board of Trustees can provide feedback for UTA staff to incorporate into the plan document. The following are risks that could materialize as a result of a delay:
• Could delay the UTA 2026 Tentative Budget Adoption
FISCAL IMPACT:
The Five-Year Capital Plan sets a financial expectation for the coming 2026-2030 period about how UTA will spend its funds. The overall plan amount is $1,053,404,000. This is made up of a combination of external funding sources such as federal or state partners, local entity partners, financing, or UTA funds. This plan contains $271,502,000 in UTA funds.
ATTACHMENTS:
• Revised 2026-2030 5-Year Capital Plan
• Appendix to 2026-2030 5-Year Capital Plan