Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
City manager presents structurally balanced FY26–27 budget, outlines $56 million railway trust spending plan
Summary
City Manager Cheryl Long and Budget Director Andrew Dudes presented a biannual operating and capital budget to the Budget and Finance Committee that the administration says returns the general fund to structural balance and allocates $56 million from the Cincinnati Southern Railway trust to existing city infrastructure.
City Manager Cheryl Long presented the administration’s recommended fiscal 2026–27 biannual spending plan to the Budget and Finance Committee, saying the package “takes care of the city's needs and sets us up for future success” while avoiding one‑time American Rescue Plan dollars. The plan includes $56,000,000 in trust disbursements from the sale of the Cincinnati Southern Railway to fund capital projects.
Budget Director Andrew Dudes told the committee the operating budget aims to return the general fund to recurring balance. “Fiscal year 20 26 is the return to structural balance,” Dudes said, and the administration reported that a combination of revenue adjustments and expenditure reductions narrowed a tentative deficit to $10,200,000.
Why it matters: The recommended budget shifts the city away from one‑time federal funds,…
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