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Commission hearing on budget: staff presented financial picture; commissioners direct balanced budget without using reserves
Summary
City staff presented the FY2025 financial status and budget timeline. Commissioners directed staff to prepare FY2026 budget options that do not rely on reserves, asked for benchmarking against peer cities, and expressed a preference to hold the millage rate steady while staff explore revenue and expense options.
City staff led a detailed fiscal overview and timeline at the June 10 meeting and commissioners used the presentation to give direction for the FY2026 budget process.
City Clerk Jeanette Smith and City Manager Jonathan Hayes summarized fund structure, revenue sources and the adopted/amended fiscal‑year budget across funds. Staff presented that the total amended budgeted expenses across the city’s funds were approximately $169 million and total budgeted revenues were approximately $139 million, with a budget gap of roughly $29.8…
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