Colfax workshop flags $98,304 shortfall in preliminary FY 2026–27 budget
City Clerk Nancy Earles told the council the preliminary FY 2026–27 budget shows a $98,304 gap that would be drawn from reserves unless roughly $35,000–$40,000 in general fund cuts are identified; council will review options ahead of the Feb. 9 meeting.
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City Clerk Nancy Earles presented the preliminary FY 2026–27 budget at the Colfax workshop on Feb. 4 and said the difference between projected revenues and expenses is $98,304.
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