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County administration narrows 2026 budget gap to roughly $4.5 million; proposes use of tax-stabilization fund and contingencies
Summary
County administrator and finance staff narrowed a previously reported $11 million shortfall to about $4.5 million and plan to use reserves and one-time funds to limit the proposed levy increase to about 4'to 6%.
Tompkins County administration told the County Legislature on Aug. 19 that it has reduced an earlier estimated 2026 budget gap of about $11 million to roughly $4.5 million through a mix of department spending adjustments, revised revenue estimates and use of reserves.
County Administrator Corso Acunfi (presenting the budget update) said the administration and finance team reviewed departmental requests against five-year spending trends and negotiated incremental reductions. The administration is aiming for a proposed 2026 tax levy increase in a 4% to 6% target range; at the time of the Aug. 19 presentation the projected increase…
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