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Lexington County staff presents $366.1 million requested budget, cites roughly $71.2 million shortfall vs. projected revenues
Summary
County staff presented the requested fiscal 2025–26 budget to Lexington County Council, detailing a $366.1 million appropriation request and a projected shortfall of about $71.2 million compared with revenues that include 4.5% growth.
Lexington County staff presented the county’s requested budget for fiscal year 2025–26 at a council meeting in March, laying out a $366,116,648 total appropriation request and describing a gap between that request and projected revenues.
The county’s requested ordinary general fund total is $131,817,371, up $29,350,931 from the current-year approved general fund. County staff said projected revenues — based on the current fiscal-year revenue with an assumed 4.5% growth rate — total $294,899,192 for the county overall, leaving a shortfall of $71,217,456 against the requested appropriations.
The presenter described the budget as a three-phase process: the requested budget submitted at this…
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