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Medford council approves revised FY2026 budget; free-cash and retained-earnings appropriations cleared

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Medford City Council approved the city’s revised fiscal year 2026 budget and voted to appropriate free cash and water/sewer retained earnings for capital stabilization and specific projects, including school network upgrades and water infrastructure design.

The Medford City Council on June 10 approved the revised fiscal year 2026 budget and passed free-cash and retained-earnings appropriations for capital priorities.

The council approved the revised general fund total of $205,304,412.76 (as corrected in the meeting) and a revised water and sewer enterprise total of $29,277,779. Councilors and city staff discussed line-item revisions and corrections that accompanied the revised submission. Chief of Staff and Finance…

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