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Council gives first reading to 2026 tax budget showing slight general-fund surplus
3375573 · May 6, 2025
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Summary
Council conducted the first reading of ordinance 4429-25, the 2026 tax budget, which projects general-fund revenue of $8,835,300 and estimated expenditures of $8,760,095, yielding an estimated surplus of $75,205; public hearing set for May 20.
The Urbana City Council gave the first reading on May 6 to ordinance 4429-25, the 2026 tax budget ordinance, and scheduled a public hearing for the next council meeting on May 20.
Carrie, a staff member, told council the 2026 tax budget estimates general-fund revenue…
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