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Fairfield Township holds public hearing on proposed 2026 tax budget that projects $19.8 million in revenue and a $23.2 million spending plan
Summary
Fairfield Township trustees held a public hearing Tuesday on the proposed fiscal year 2026 tax budget, which projects $19,828,498 in revenue and $23,242,824 in expenditures.
Fairfield Township trustees held a public hearing Tuesday on the proposed fiscal year 2026 tax budget, during which staff outlined a draft that projects $19,828,498 in total revenues and $23,242,824 in total expenditures, leaving a projected fund balance of $6,779,113.54.
The draft budget presentation emphasized that most township money is held in designated “funds” that can be spent only for their statutory purposes. “Every fund is separate and individual, and we can only use for those purposes,” the presenter said, explaining why revenues are shown by fund and why transfers between funds may be required.
Why it matters: the budget shows the township planning to spend more than it projects to take in in 2026 and anticipates transfers from the general fund to make up shortfalls in the police, fire and public works funds. Trustees and staff said the hearing is a required step in the appropriation process…
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