Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Finance topic
No spam. Unsubscribe anytime.
Show Low council adopts $133.1 million tentative budget, sets expenditure limit
Summary
The Show Low City Council unanimously adopted a tentative fiscal 2026 budget and established an expenditure limitation of $133,146,984, allocating initial funding for the event center, street projects and reserves and scheduling a June 17 public hearing for final adoption.
The Show Low City Council unanimously adopted a tentative fiscal year 2026 budget Tuesday and set an expenditure limitation of $133,146,984.
The action, taken after a staff presentation and council discussion, starts the formal budget-adoption process. City staff will publish the tentative budget and hold a public hearing on June 17 before the council takes final action.
City staff said the tentative total includes a beginning fund balance of about $55 million, $8 million in other financing sources reserved to accept future grants, and roughly $81 million in operating revenues. The budget includes $14.3 million budgeted for the Show Low Sports and Event Center and $22 million programmed for Scott Ranch Road. Staff also listed $60.3 million for capital and contingencies across funds.
Justin Johnson (staff) told the council the city historically underspends its adopted budgets because of project carryovers and grant timing. He described two financing-related items: the city expects some federal grant decisions later in the fiscal year and will advertise the tentative budget now so it can accept awards if they materialize.
The tentative budget document includes utility fee estimates and planned rate adjustments. Staff noted an estimated CPI-based sanitation increase on July 1 that would raise the basic collection rate from $21.85 per month to $22.87. Water and wastewater projections include a January estimate for a CPI adjustment. The draft also shows utility revenue estimates (water fund about $5.98 million; wastewater about $5 million; overall utility fees about $9.7 million).
Personnel changes in the proposed budget include converting two part-time positions to full time, adding a full-time parks and facilities maintenance position, a full-time engineering position, a part-time library position to half time/full-time conversion, and one full-time equivalent in streets. Staff recommended continuing to pay higher employer contribution rates for PSPRS than the actuarially recommended rate.
Councilmember (unnamed in the record) moved to adopt the tentative budget and establish the expenditure limitation; Councilman Adams seconded. The motion passed unanimously.
The council will hold a public hearing on the final budget on June 17 and will take up a secondary property tax for the streetlight improvement district on July 15.
