Budget authority is not the same as a delivered project.

The 2026 capital schedule records a net tax impact of $4,475,600 compared with $4,081,000 for 2025. Its later years are forecasts. The public value comes from following each material project from that baseline through revised approvals, procurement and delivery. Financial statements also need careful interpretation: an accounting surplus is not automatically uncommitted cash, and capital purchases, reserves, debt principal and amortization are treated differently. Residents should be able to see what changed, why it changed and what that means for service and future replacement obligations, without being asked to decode several different accounting views.