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Belton staff previews lean FY2026 budget; possible tax‑rate uplift eyed to maintain reserves
Summary
City finance staff presented a conservative FY2026 draft that holds new positions out of the general fund, limits pay increases and projects a small use of reserves unless the council adopts a higher tax rate; staff warned the certified tax roll in late July will determine final rates.
City finance staff presented a preliminary budget preview for fiscal year 2026 that keeps a tight spending posture, holds new general‑fund positions out of the baseline budget and limits merit increases while warning the council it may need a tax‑rate adjustment to maintain the city’s 30% reserve policy.
Finance staff said the city began fiscal 2025 with about $8.94 million in unassigned general‑fund reserves and expects to end the year with roughly $8.46 million (about 34% of budgeted expenditures). The draft FY2026 numbers shown to the council project revenues of roughly $25.43 million and expenditures near $25.53 million; under those assumptions the city would still finish FY2026 above the 30% reserve policy at an estimated $8.30…
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