City Council Reviews 2026 Budget and Public Comments for Five-Year Plan

The Harrisonburg Redevelopment and Housing Authority convened on August 20, 2025, to discuss the annual and five-year plans, as well as the proposed budget for 2026. The meeting began with a public hearing on the 2025 five-year plan, which was opened and closed without any public comments, as no attendees were present in person or on the phone.

Following the public hearing, the focus shifted to the proposed budget for 2026. The budget includes salary adjustments, with a 4% increase for employees earning above $90,000 and a 4.5% increase for those earning below that threshold. The budget is based on historical data and anticipated rental income, with ongoing studies for specific housing projects still pending.

Concerns were raised regarding two unfilled positions within the organization, particularly a program support technician role, which may be filled if necessary. The authority is taking a cautious approach to hiring due to uncertainties in funding levels for the upcoming year. Discussions highlighted the potential for level funding from the House and increased funding from the Senate, with a significant allocation of $2 million for the Line We Were annex project, which has seen an increase of $1 million from the previous year.

The meeting also addressed the authority's reserves, which currently stand at approximately $1.6 to $1.7 million. While there is no statutory cap on reserves, maintaining at least $500,000 is deemed necessary for cash flow. The authority can utilize these reserves for unexpected expenses, although significant budget revisions would require further approval.

Overall, the meeting underscored the authority's commitment to fiscal responsibility while planning for future community needs and projects. The proposed budget reflects a conservative approach, ensuring that the organization remains financially stable amidst potential funding fluctuations.