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Kingman staff present $309.9 million recommended fiscal 2026 budget; council hears assumptions and risks
Summary
City staff presented a $309.9 million recommended budget and five-year capital improvement plan that preserves services while using reserves, grant assumptions and conservative revenue forecasts; council asked about pensions, reserve levels and rate-driven revenue assumptions.
The City of Kingman’s staff presented a recommended fiscal year 2026 operating and capital budget of $309,900,000 during a council work session, citing council priorities, grant awards and conservative revenue assumptions.
The recommendation “reflects the city council’s priorities” and “represents a continued investment in the quality of life, public safety, infrastructure, and financial sustainability,” staff said. The presentation said total projected revenues across all funds are just over $245,000,000 and noted the budget package assumes some rate increases for water and solid waste.
The nut graf: City staff told council they built a balanced budget by reducing growth assumptions, relying on awarded grant funds where possible, and using a mix of transfers, reserves and targeted…
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