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Brighton reports modest revenue gains, plans two‑year budget and reserve drawdown for 2026
Summary
City finance staff told the council the city’s governmental funds show higher year‑to‑date revenues through June but spending and planned reserve drawdowns will shape the 2026 budget; council heard that the city is pursuing a two‑year budgeting approach and a long‑term plan to avoid a future “inflection point.”
Brighton city officials told the City Council at a study session Aug. 26 that governmental revenues through the second quarter are up from last year, but spending and planned capital projects will require drawing down reserves as the council weighs the 2026 budget.
Finance staff said in the presentation that the financial snapshot — unaudited and compiled Aug. 8 — covers governmental funds through June and shows higher revenue year‑to‑date driven largely by timing of receipts. “This data was pulled as of August 8. It is unaudited,” a finance presenter said. City Manager Michael Martinez said the council is working from a two‑year budgeting framework that “gives us 24 months instead of 12 months.”
City finance staff said revenues excluding internal transfers in the governmental funds totaled about $43.9 million through the second quarter, roughly 10.5% above the same…
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