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Portsmouth manager unveils $338 million FY 2026 proposed budget; proposes modest tax and fee changes and larger school funding
Summary
City Manager Steven Carter presented Portsmouth’s proposed FY 2026 budget at the March 24 public work session, proposing $338 million in total revenues and recommending modest tax and fee adjustments to fund schools, public safety and infrastructure.
City Manager Steven Carter presented Portsmouth’s proposed fiscal year 2026 general operating budget and capital improvement program at the City Council work session on March 24, proposing total revenues of $338 million and several modest tax and fee changes to fund investments in public safety, infrastructure, technology and schools.
Carter said the proposed budget reflects priorities of public safety, infrastructure, technology improvements and process improvements and includes a $6 million increase in support for Portsmouth Public Schools, bringing total school funding to $81 million — a 7.6% increase over the prior year. "This plan reflects our commitment to responsible governance and strategic investment in our community's future," Carter said in the presentation video.
Key budget figures Carter provided: total proposed revenues $338,000,000 (a 3.4% increase from last year);…
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