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City holds public hearing on proposed FY 2026 budget; finance director outlines $318 million plan

2765287 · March 25, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The council held a public hearing on the city’s proposed FY 2026 budget, a $318 million plan that prioritizes capital projects and public safety; a resident urged the council to examine property-tax impacts on rent and homelessness.

The Bloomington City Council opened a public hearing on the proposed fiscal year 2026 budget at its March 24 meeting and heard a presentation from Finance Director Scott Rathbun before accepting one public comment.

Rathbun summarized the proposed budget and related materials staff have published online. He said the citywide budget totals about $318 million, including a $137 million general fund and about $81 million in capital projects. He highlighted that roughly $70 million funds police and fire and roughly $48 million…

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