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Hopewell council reviews FY2026 budget proposal, hears public concerns and adopts tax rates as presented
Summary
City staff presented a proposed FY2026 operating and capital budget; council heard questions about police and fire raises and adopted the tax rates as presented with no increase. The council also approved several routine and budget-related reallocations on unanimous votes.
City staff on April 8 presented a proposed FY2026 operating and capital budget that, according to staff, totals $233,528,338 in all funds. The council also voted to adopt the tax rates as presented; staff said the action does not increase the tax rate.
Finance staffer Stacy Jordan briefed council on the FY26 proposal, saying the proposed total of all funds required for operations is $233,528,338 and that proposed general fund revenues total $70,409,665, an increase the presentation tied primarily to reassessed real-estate values. “The general fund increase for ‘26 was primarily applied to city council’s approval of the class of compensation plan for the public safety department and 3% of…
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