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Sierra Vista presents balanced $125 million FY2026 budget; no general tax increase
Summary
City staff told the City Council the proposed fiscal year 2026 budget is balanced at just over $125 million, reflects flat sales tax growth, no proposed general fund tax increase, and removes two large grant assumptions; tentative adoption is next week and final hearings run through August.
Sierra Vista city staff presented a proposed fiscal year 2026 budget to the City Council that is balanced at just over $125,000,000 and does not include any general fund tax increases. City Manager Chuck (city manager) opened the presentation and said, “The budget, before you is balanced at, $125,000,000,” and then turned the presentation over to Victoria (budget staff) for details.
The budget team told the council the city faces flat sales tax growth and legislative changes that have reduced parts of the local tax base, particularly rental taxes, putting pressure on capital projects and wages. Victoria described a series of last-minute adjustments to state-shared revenue and other carryovers and said staff made changes to carryover projects such as Fire Station 2 and the airport AWOS…
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