Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Finance committee presents balanced preliminary budget, proposes modest levy increase to capture new construction
Summary
Lee County finance committee reviewed a preliminary fiscal 2026 budget the committee described as effectively balanced with a roughly $3,000 surplus, recommended levying slightly more than the draft calculation to capture anticipated new construction, and scheduled a final preliminary presentation for October.
Lee CountyFinance Committee members reviewed a preliminary fiscal 2026 budget and preliminary levy calculation Wednesday, saying the draft is essentially balanced with a small surplus and recommending a modest increase in the preliminary levy to capture new construction.
The committeetreasurer, Reid Acree, told members the draft budget appears balanced "we do have a currently balanced budget, I think, maybe with a surplus of around $3,000," and that revenue lines such as sales tax are running near projections while property-tax projections were reduced after updated assessor estimates.
Acree said sales and use tax trends allowed upward…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
