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Cumberland County finance committee approves 2025-26 draft budget amid state, federal funding uncertainty
Summary
The Cumberland County Finance Committee approved the draft 2025-26 fiscal budget, which projects $79.6 million in revenue and $80.2 million in expenses and relies on grants for roughly 80% of revenue; members stressed the county—s reliance on timely state and federal payments and its 100-day reserve.
The Cumberland County Finance Committee on Tuesday approved the draft 2025-26 fiscal budget after a staff presentation and discussion about risks from unresolved state and federal funding.
Carrie Faganbinder, finance staff, asked the committee to approve the 2025-26 budget and presented the key figures: "Total revenue is 79,600,000.0, and total expense is 80,200,000.0. Of that revenue, 80% is grants, and the other 20% is made up of subsidy and other revenues." The committee then…
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