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TO: |
Board of Trustees |
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THROUGH: |
Jay Fox, Executive Director |
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FROM: |
Jared Scarbrough, Director of Capital Design and Construction |
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PRESENTER(S): |
Jared Scarbrough, Director of Capital Design and Construction |
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Daniel Hofer, Director- Capital Programming and Support |
TITLE:
title
R2025-12-02 - Resolution Adopting the Authority’s Five-Year Capital Plan for the Years 2026-2030
end
AGENDA ITEM TYPE:
Resolution
RECOMMENDATION:
Approve Resolution R2025-12-02 to adopt the 2026-2030 Capital Plan as presented.
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 Agency.
This proposed 5-Year Capital Plan covers the period from 2026 through 2030. This plan was recently presented to the Local Advisory Council on November 5, 2025, for their review and consultation.
DISCUSSION:
The plan has been discussed and refined beginning with the initial presentation in August during the Board Budget Work Sessions. Staff will present the final version of the 5-year Capital Plan for 2026-2030 for Board approval. The first year (2026) of the Plan will be incorporated into the Final 2026 Operating Budget to be presented for adoption at the December 17, 2025 Board meeting.
ALTERNATIVES:
The Board of Trustees can provide feedback for UTA staff to incorporate into the plan document.
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 $1,069,129,000. 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 $605,770,000 in UTA funds (including bond, lease, and UTA local funds).
ATTACHMENTS:
• R2025-12-02 - Resolution Adopting the Authority’s Five-Year Capital Plan for the Years 2026-2030