Development News for Lebanon, Ohio

City Council Approves 5-Year Capital Improvement Plan with Focus on Roadways and Utilities

The City Council reviewed and approved the 2027-2031 Capital Improvement Plan (CIP), which outlines planned expenditures for infrastructure projects including roadways, utilities, and parks. The plan projects significant investment in road resurfacing and reconstruction, totaling approximately $60 million over five years, with a substantial portion supported by state and federal grants. The plan also includes utility upgrades, park improvements, and key vehicle replacements. Annual paving and concrete work are estimated at $3.5 to $6 million. Major road projects include State Route 63 widening, Pleasant Street reconstruction, and various intersection and signal upgrades. Utility projects include water tower painting, electric interconnection improvements, and water main replacements. Park projects include trail extensions and welcome center construction. Key vehicle replacements range from dump trucks to pumper trucks. The financial projections indicate a steady end-of-year cash balance for the general fund, with a peak in 2027 attributed to a new police facility. The plan assumes a 4% annual income tax revenue and anticipates $21 million in state and federal grants.