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Committee supports moving joint Baker Tilly contract to council for multi‑year budget forecasting
Summary
City staff briefed the finance committee on a proposed joint contract with Baker Tilly for multi‑year revenue and budget forecasting; committee members agreed to proceed and to fund the contract jointly with the county and the school district.
City staff and external advisers told the Logansport City Council Finance Committee they plan to contract with Baker Tilly for financial consulting to produce multi‑year revenue and budget projections tied to impending property tax changes. Staff said the work will be joint with Cass County and the local school corporation and estimated the local share at roughly $20,000–$25,000 per entity.
Finance staff said Baker Tilly will create projections that extend several years (staff referenced planning through 2031) to help the city and partner entities understand revenue impacts and plan for reductions that staff described as a projected general fund loss of about $300,000 in 2026, growing in subsequent years under current assumptions. Committee members agreed to move the contract discussion to council and support joint funding with county and school partners; staff said money for consulting was already budgeted.
Staff asked the committee for approval to proceed with the joint contract and to continue interjurisdictional coordination on the multi‑year forecasting effort. The committee agreed to move the item forward to council consideration; no contract was signed at the committee meeting.
