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Finance staff outlines largely flat revenue forecast for 2026; interest income, permits and stormwater grants discussed
Summary
Committee heard a preliminary 2026 revenue forecast showing about a 1% increase for the general fund, modest declines in capital and stormwater revenue, and specific items including reduced investment balances, cable-litigation receipts and expected stormwater grant funds.
City finance staff provided the Ways and Means Committee an overview of the proposed revenue forecast for the 2026 budget on Aug. 7, describing an overall conservative approach with a roughly 1% increase for the general fund and modest declines in capital and stormwater funds.
The forecast is important because it frames department budgets and identifies revenue assumptions that committee members and department heads must use in preparing spending plans for the coming year.
Staff said the 2026 working draft shows a 1% overall increase for the general fund and similar modest changes for other funds.…
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