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Longwood manager presents $62 million proposed budget for fiscal 2025-26; general fund reserves remain strong
Summary
City Manager presented a proposed $62,000,409 budget for fiscal year 2025-26 at a July 21 budget work session, citing a drop in overall spending from one-time ARPA uses, continued inflationary pressures, and a recently filled finance position. The proposal holds the tax rate steady and projects a 27% general fund reserve.
The Longwood City Manager presented the proposed fiscal year 2025-26 budget at a July 21 budget work session, saying the document totals $62,000,409.25 in expected revenues and proposes $47,000,000 in expenditures.
The presentation, which city staff said was assembled during a vacancy in the finance director role, emphasized a roughly 15% year-over-year revenue decline driven largely by one-time American Rescue Plan Act (ARPA) spending in the current year and an 18% reduction in proposed spending compared with the current year. The City Manager also told commissioners that a conditional job offer has been extended for the city’s finance and budget manager position and the new hire is scheduled to start two weeks after the meeting.
City Manager’s overview and why it matters
The proposed $62 million budget covers all revenue sources, including grants and utilities, and, as presented, does not raise the city’s tax rate. The City Manager described the spending reduction as a function of one-time…
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