HomeMy WebLinkAboutURD Work Plans and Budgets 2026Community Housing Dashboard
Community Housing Dashboard
The Beaumont – 155 units
(14th and Patrick Apartments @ The Lumberyard)
Westlake Heights – 216 units
(N. 3rd Apartments)
7th and Aspen Apartments – 96 units
City Commission | May 6, 2025
Urban Renewal
Work Plans &
Budgets
Fiscal Year 2026
Midtown Workplan FY 2026
Highlighted Projects
5th and Main Sewer Development Agreement $464,000
5th Ave. Multi-use Path Lighting Design $36,100
Aspen Intersection Improvements Design $100,000
Streetscape Standards (formerly FY 25)$50,000
Main and Mendenhall Lighting and Intersection
Improvements $800,000
Midtown Parking Garage Design and Due Diligence $300,000
Whittier Parking Lot Design $65,000
Midtown Aspen Project Development Agreement $3,024,100
Midtown Workplan FY 2026
Recommended Motion:
I move to approve the
Midtown Urban Renewal
District Work Plan and Budget
for Fiscal Year 2026 with a
total appropriation of $5,549,600.
FY26 Adopted
in Biennium
FY26 Proposed
in Workplan
and Budget Variance Explanation of Change
Beginning Balance (1,054,500) (3,398,000) (2,343,500)
Beginning Fund Balance in FY25 $308k greater
than budgeted plus $2,035,500 in unused
expenditure budget resulting in an additional
$2,343,500 in beginning fund balance for FY26
Tax Revenue (2,281,100) (2,281,100) - No change to adopted budget
Other Revenue - - - No change to adopted budget
Total Revenue (2,281,100) (2,281,100) -
Salaries & Benefits 105,800 105,800 - No change to adopted budget
Operations 2,817,000 5,031,000 2,214,000
The operating budget adds $2,214,000 in
spending that consists mostly of unspect
funds from FY25, which allows an approved
development agreement to be paid with cash
not debt.
Capital - - - No change to adopted budget
Transfers Out 412,800 412,800 - No change to adopted budget
Debt Service - - - No change to adopted budget
Total Expenditures 3,335,600 5,549,600 2,214,000
Ending Balance - (129,500) (129,500)
Northeast Workplan FY 2026
Highlighted Projects
Depot Fencing $5,000
N. Church Pocket Park & ROW $50,000
Quiet Zone Construction $800,000
Northeast Workplan FY 2026
Recommended Motion:
I move to approve the
Northeast Urban Renewal
District Work Plan and Budget
for Fiscal Year 2026 with total
appropriation of $1,215,100.
FY26
Adopted in
Biennium
FY26
Proposed in
Workplan
and Budget Variance Explanation of Change
Beginning Balance (679,200) (679,200) - No change to adopted budget
Tax Revenue (625,600) (625,600) - No change to adopted budget
Other Revenue - - - No change to adopted budget
Total Revenue (625,600) (625,600) -
Salaries & Benefits 35,200 35,200 - No change to adopted budget
Operations 1,177,500 1,087,800 (89,700)
$89,700 reduction related to refining
actual feasible projects for the fiscal
year.
Capital - - - No change to adopted budget
Transfers Out - - - No change to adopted budget
Debt Service 92,100 92,100 - No change to adopted budget
Total Expenditures 1,304,800 1,215,100 (89,700)
Ending Balance - (89,700) (89,700)
Pole Yard Workplan FY 2026
Highlighted Projects
Quiet Zone $800,000
Pole Yard Workplan FY 2026
Recommended Motion:
I move to approve the Pole
Yard Urban Renewal
District Work Plan and
Budget for Fiscal Year 2026
with a total appropriation
of $887,200.
FY26 Adopted in
Biennium
FY26 Proposed in
Workplan and
Budget Variance
Beginning Balance (405,700) (405,700) -
Tax Revenue (481,500) (481,500) -
Other Revenue - - -
Total Revenue (481,500) (481,500) -
Salaries & Benefits - 5,900 5,900
Operations 887,200 881,300 (5,900)
Capital - - -
Transfers Out - - -
Debt Service - - -
Total Expenditures 887,200 887,200 -
Ending Balance - - -
North Park Workplan FY 2026
Highlighted Projects
Professional Services $109,000
North Park Workplan FY 2026
Recommended Motion:
I move to approve the North
Park Urban Renewal District
Work Plan and Budget for
Fiscal Year 2026 with total
appropriation authorization of
$109,500.
FY26 Adopted in
Biennium
FY26 Proposed in
Workplan and Budget Variance
Beginning Balance (79,900) (79,900) -
Tax Revenue (29,600) (29,600) -
Other Revenue - - -
Total Revenue (29,600) (29,600) -
Salaries & Benefits - 1,200 1,200
Operations 109,500 108,300 (1,200)
Capital - - -
Transfers Out - - -
Debt Service - - -
Total Expenditures 109,500 109,500 -
Ending Balance - - -
South Bozeman Technology District
Workplan FY 2026
Highlighted Projects
Development Agreement Bonding $80,000
South Bozeman Technology District
Workplan FY 2026
Recommended Motion:
I move to approve the South
Bozeman Technology District
Work Plan and Budget for
Fiscal Year 2026 with total
appropriation authorization
of $101,100.
FY26 Adopted in
Biennium
FY26 Proposed in
Workplan and
Budget Variance
Beginning Balance (51,400) (51,400) -
Tax Revenue (49,700) (49,700) -
Other Revenue - - -
Total Revenue (49,700) (49,700) -
Salaries & Benefits - 1,200 1,200
Operations 101,100 99,900 (1,200)
Capital - - -
Transfers Out - - -
Debt Service - - -
Total Expenditures 101,100 101,100 -
Ending Balance - - -
