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Copperas Cove proposes $77.4 million budget; utility rate increases planned to cover capital projects
Summary
City Manager Ryan Haverlaw introduced a proposed $77.4 million FY2025–26 budget that relies on fund balance and proposes options for closing an $800,000 shortfall; an updated utility rate model from consultant NewGen recommends phased water, wastewater, solid-waste and drainage increases to support $100 million in CIP through 2030.
City Manager Ryan Haverlaw on June 17 presented the City of Copperas Cove’s proposed fiscal year 2025–26 budget, saying the plan would be “a $77,400,000 budget” and outlining a roughly $800,000 projected general‑fund shortfall tied to state changes in the disabled‑veterans exemption reimbursement and adopted salary adjustments.
Why it matters: The council must adopt a budget, tax rate and fee schedule by state law before the end of September. The city’s proposed plan includes significant capital spending and relies in part on enterprise and reserve balances; an updated utility rate model presented the same night shows rate increases would be required over multiple years to support planned water and wastewater capital projects.
Haverlaw told the council the budget is built on four major operating funds — general fund, water and sewer, solid waste and golf course — and that the general fund begins with an estimated $12.2 million, projects $24.6 million in revenues and $25.4 million in expenditures, and…
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