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Casper city manager presents $183 million FY26 budget; stresses reserves, flags property-tax shortfall
Summary
City Manager Carter told the Casper City Council the proposed $183 million fiscal year 2026 budget is balanced and relies on established reserves, but officials warned a multi-year decline in property-tax revenue will require Council decisions this year.
City Manager Carter told the Casper City Council on the city’s budget work session that the proposed fiscal year 2026 budget asks the council to approve $183,000,000 in spending and that staff designed the proposal to stay within the city’s means.
Carter said the plan is “balanced, we’re living within our means,” and he emphasized the role of long-standing reserve policies in protecting operations. The budget document shows roughly $214,000,000 in cash on hand, of which about $96,000,000 is tightly obligated by policy or other restrictions; the general fund’s 120‑day operating reserve is roughly $17,000,000.
The nut graf: the proposal aims to…
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