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Redmond council adopts $297.7 million FY 2025–26 budget with major capital projects driving growth
Summary
Council adopted the fiscal year 2025–26 budget totaling $297.7 million, driven largely by capital projects including the wetlands complex and airport terminal expansion; staff said operating budget is roughly $91 million and the city added two staff positions this year.
The Redmond City Council adopted the fiscal year 2025–26 budget on June 10, approving a $297,746,003.96 spending plan that staff said is the largest in the city's history and is driven by major capital projects.
Jason F., the city’s deputy city manager, presented the final budget and described the process: staff developed forecasts beginning in January, the budget committee (composed of councilors and seven citizen volunteers) reviewed proposals in May, and the council must adopt the budget before June 30 under Oregon law. Jason F. said the operating budget is roughly $91 million and the city plans to add two staff positions in 2026. He said the bulk of the large total stems from capital work—he listed $157,000,000 in capital projects, notably the wetlands complex and an airport terminal expansion—and a materials side item just under $20,000,000.
Council members praised staff and volunteers for the committee work, and several councilors noted staff had stress‑tested revenue scenarios to guard against economic uncertainty. Councilor (speaker identified in the record) framed the budget as prudently prepared and thanked staff for returning projects under budget in prior years.
Council adopted resolution 2025‑07 to formally adopt the budget and related appropriation resolutions; the clerk will deliver adopted levy and appropriation documents to the county assessor so the city may collect property taxes as certified.
Why it matters: the adopted budget funds multiple multi‑year capital investments that will shape city infrastructure, debt service and capital program delivery over the next several years. Staff said debt service is rising by roughly $5 million because of forthcoming airport bonds and rental car facility bonds; the council also noted an $11 million contingency that would require council approval to access.
What’s next: staff will begin implementing projects in the adopted budget, monitor funding and return to council for routine budget adjustments throughout the year when necessary.
