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Stayton presents $95 million biennial budget; grants and SDCs drive large increases
Summary
City Manager Julia Hedrick and Finance Director James Brand presented a proposed two‑year budget that totals about $95 million, largely because of projected grants and system development charge (SDC) revenues; staff cautioned several revenues are estimates and some grants are not yet awarded.
City Manager Julia Hedrick presented the proposed biennial budget to the Stayton Budget Committee, saying, "This budget is the community's budget," and urging committee review before adoption.
The budget document before the committee totals roughly $95,000,000 in resources and requirements for the two‑year period, Finance Director James Brand said during his overview, noting the increase from prior biennia is driven mainly by anticipated grants and system development charges. "Grants are changing quite a bit in percentage," Brand said, and staff flagged three grant awards included in the budget that have not yet been awarded.
Nut graf: The proposal balances resources and requirements but relies on revenue assumptions that staff described as contingent. Committee members were…
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