Finance committee reviews FY26 proposed budgets for special revenue, capital and enterprise funds

Budget Manager Eric Stoyanov presented the Finance and Budget Committee with the proposed FY26 budgets for special revenue, capital projects, debt service and enterprise funds on May 13.

Stoyanov said capital project timing drives much of the year-to-year change in the total proposed budget and that major FY26 projects include the joint operations facility for police and fire, Douglas Street improvements, a prior widening project near 150 Highway and Hook, and a new terminal building at the airport. He said the FY26 capital program totals about $127.9 million and that no-tax-increase bond projects account for just under $39 million of that figure.

In special revenue funds, Stoyanov identified parks and the public-safety sales tax as the largest items. He said Legacy Lake dredging is scheduled for FY26, design funding appears in the budget for a field house, and park-development spending accounts for an $8.4 million increase. He also noted Missouri's minimum wage increase from $13.75 to…