The June 23, 2026 agenda includes a bond resolution to make appropriations for various public improvements totaling $67,850,999 for the FY 2026–27 capital budget and to authorize issuance of an equal amount in general obligation bonds. Supporting memoranda from CFO Jared Schmitt detail the approved capital program, including $48.6M for City and Norwalk Public Schools projects and $19.2M for enterprise funds (WPCA and Parking Authority). Exhibit A lists scores of specific projects across departments such as ADA plan implementation, library self‑checkout replacement, public art inventory, traffic signal upgrades, new sidewalks, bridge repairs, large drainage and stormwater improvements, WWTP rehabilitation, pump station upgrades, Malmquist Field and swimming pool work, school security, curricula and technology, and a $6.6M allocation toward NHS/P‑TECH construction. At this stage the Council is authorizing debt and appropriations rather than issuing specific project RFPs, which positions this as an upstream planning signal. Vendors in engineering, construction, IT, environmental services, school facilities, recreation, and consulting can use the detailed project list to identify near‑term and multi‑year pursuits, align their business development with the bond‑funded priorities, and monitor department‑level agendas for the corresponding procurements that will follow this financing approval.

Debt management strategy targets keeping total authorized debt under $650M and annual debt service u...