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Council hears fiscal-26 revenue scenarios; staff recommends cautious approach
Summary
Town staff presented multiple revenue and expenditure scenarios for fiscal 2026 showing possible revenue shortfalls between about $40,000 and $350,000 under downside assumptions; council asked staff for conservative planning and scheduled further review of police staffing and utility funding.
Town staff walked the Middleburg Town Council through scenarios that model changes to revenue and expenditures for fiscal year 2026, stressing both the town's strong reserves and the uncertainty created by regional and national economic shifts.
Town Manager Danny Davis said staff ran a set of revenue scenarios to test sensitivity to softer meals tax, transient-occupancy tax (TOT) and business-license receipts. He said staff's proposed budget assumes modest growth but offered alternatives: trimming projected growth by 5% or 10%, reverting to fiscal-25 budgeted amounts, or using…
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