Capital Investment Program Fund – FY2027 Projects Pipeline

A recent meeting document Farragut - Board of Mayor and Aldermen Meeting Agenda Packet - 2026-05-28 indicates a future potential acquisition The Town of Farragut’s Capital Investment Program (CIP) Fund budget for FY27 includes $8,793,000 in projects planned to get underway. These projects include Enterprise Resource Planning software upgrades for Community Development; upgrades to various park facilities; design and engineering for improvements to McFee Road and the entrance to the McFee Road property; construction of improvements to various streets and crosswalks for the new Farragut Elementary School; intersection improvements at Grigsby Chapel Road/St. John Court; construction of a roundabout at Watt Road at the southern entrance to Mayor Bob Leonard Park; and adaptive traffic signal upgrades throughout Farragut. Revenues for the CIP come from Town resources in the form of a $7,000,000 transfer from the General Fund, $1,078,000 from CIP Reserves, and $600,000 from federal and/or state matching grants. This represents a significant pipeline of design, engineering, technology, and construction opportunities for vendors.