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City presents 2026 proposed budget: $520.2 million package, no new taxes; council to review in September
Summary
City staff presented the 2026 proposed budget to council during the Aug. 26 meeting. The package is roughly $520.2 million (all funds); staff said use‑tax volatility and other headwinds required cautious budgeting and partial use of fund balance while holding tax rates steady. Council scheduled detailed reviews in September.
City staff presented Longmont’s proposed 2026 budget to the City Council on Aug. 26, describing an all‑funds proposal of roughly $520.2 million and a conservative revenue outlook that uses some fund balance to maintain services while keeping tax rates unchanged.
The city manager told council that use tax, a major revenue source tied to construction activity, had fallen sharply earlier in 2025 and was a major budgetary headwind; staff noted use tax was down about 21% year‑to‑date and that the lumber category explained a large portion of the decline. Because municipal budgets generally rely on growth, staff emphasized a cautious approach: the proposed budget holds sales and use tax estimates broadly flat and uses a combination of fund balance and targeted program…
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