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City budget shows nearly $1 million general-fund shortfall; railroad demands add $323,366
Summary
City Manager Brian presented a proposed fiscal 2026 budget showing a $923,178 general-fund deficit at the current millage and warned of an additional $323,366 in proposed rail-crossing maintenance costs the city may be required to pay.
City Manager Brian told the City of Sebastian’s budget workshop on July 16 that the proposed fiscal 2026 general-fund budget shows a deficit of $923,178 at the current millage. "The budget before you all today does show a deficit in the general fund in the amount of $923,178 based on the current millage rate in f y 25 of 3.1955," Brian said.
The shortfall comes as staff asked councilors to weigh millage-rate options. Brian outlined the major choices and their likely revenue effects, including the rollback rate of 3.0148 and higher rates that would produce additional ad-valorem collections. He cautioned council that any decision to…
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