· Related development
Council directs a plan to issue debt annually for street maintenance
KFDA reported that in August 2023 the council directed staff to develop a plan for issuing debt each year for street maintenance and reconstruction. A revised plan went to the council in February 2025.[1][2]
What the sources say
- ✓ Verified
KFDA reported that in August 2023 the previous council directed staff to develop a plan for issuing debt annually for street maintenance and reconstruction, that a revised plan went to the council in February 2025, and that debt was issued for the 2025 summer maintenance program.[1]
- ✓ Verified
Strategic Partnerships Inc. reported that the street plan set by the council in 2023 calls for issuing bonds every year for a decade, and put the cost of fully fixing the City's street backlog at an estimated $400 million.[2]
- Street backlog estimate
- $400,000,000