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Person · on the record since 2024

JC Martinez

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The Noman Cole capital costs project involves financing improvements to the Noman Cole facility as part of the city's broader sewer system capital program. The funding mechanism is a sewer system revenue bond issuance of up to $11,000,000.

  • Public Hearing and Council Action on Authorizing Ordinance and Bond Resolution for Sewer System Revenue Bonds ($11,000,000)

    J.C. Martinez, Assistant City Manager/Chief Financial Officer, provided the staff report on the sewer system revenue bond authorization.

    passedApprove Ordinance 2026-10 and Bond Resolution R-26-27 authorizing the issuance of revenue bonds in the maximum aggregate principal amount of $11,000,000 to finance capital costs related to the city's sewer system.
    ✓ Amos✓ Bates✓ Hall✓ Hardy-Chandler✓ McQuillen✓ Peterson

The FY2027–FY2031 Capital Improvement Program (CIP) is the City's five-year capital spending plan covering fiscal years 2027 through 2031. The review process began in October 2025, when Planning Commission staff introduced the upcoming CIP review cycle.

Other mentions
  • Updates to the FY 2026 Financial Policies and Council Budget Guidelines

    CFO presented the staff report on FY 2026 Financial Policies and Budget Guidelines. CFO presented the staff report on the FY 2025 Fall supplemental appropriation resolution totaling $650,000. CFO presented the staff report on the revenue bond resolution, noting collaboration with financial advisor Davenport & Company LLC.

    passedAdoption of the FY 2026 Financial Policies and Council Budget Guidelines.
    ✓ Bates✓ Doyle Feingold✓ Greenfield✓ Lim✓ Ross✓ Stehle
  • Superintendent Matters

    Superintendent Platenberg met with COF CFO JC Martinez to discuss the revenue picture and potential state funding.

  • Proclamation – Procurement Professionals Month, March

    J.C. Martinez, Chief Financial Officer, received a proclamation acknowledging March as Procurement Professionals Month.

  • FY2027 Forecast

    J.C. Martinez, Chief Financial Officer, co-presented the FY2027 Forecast to the City Council. J.C. Martinez, Chief Financial Officer, presented the Rethinking Spending Habits session to the City Council. J.C. Martinez, Chief Financial Officer, presented the FY2027 City Council Budget Process & Guidance session.

  • Discussion on Historical Real Estate Tax Rates for the City

    Assistant City Manager/Chief Financial Officer J.C. Martinez presented 25 years of historical real estate tax rate data to give Council long-term context in support of FY27 Budget decisions.

  • Discussion on the proposed FY 2027 budget, General Fund Questions and Discussion

    Assistant City Manager/Chief Financial Officer JC Martinez opened the floor for Council discussion on the FY 2027 budget and General Fund questions.

  • Public hearing on appropriation resolutions for the General, Capital, Wastewater, Transit, Stormwater, Cable, Old Town, Transportation Tax, and Debt Service Funds for the FY27 budget year

    Assistant City Manager/CFO J.C. Martinez gave the staff report on the FY27 appropriation resolutions, noting the amounts were pending final budget adoption.