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Biloxi council reviews proposed $75.35 million general fund in FY2025–26 budget
Summary
At a special Biloxi City Council meeting, council members and city finance staff reviewed the proposed fiscal year 2025–26 municipal budget, queried revenue assumptions for gaming and sales tax, discussed $10.5 million in transfers for capital and infrastructure projects, and set a budget workshop for next week.
At a special Biloxi City Council meeting, council members reviewed the proposed fiscal year 2025–26 municipal budget, including a general fund projection of about $75.35 million and roughly $10.5 million in transfers earmarked for capital and infrastructure projects.
City staff presented a spreadsheet of revenue and expenditure projections and said the overall outlook was “pretty flat,” with some increases in specific categories and an unexpected shortfall in certain revenue lines. Staff noted a record year for gaming revenue in the most recent fiscal year and said they used a conservative forecast for next year based on year-to-date collections and anticipated seasonal months.
The presentation and council questions focused on three practical issues: the format and timing of budget documents for council review, the…
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