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Smyrna holds public hearing on FY 2026 budget that restores capital spending after ARPA drawdown
Summary
City staff presented the proposed FY 2026 budget, including a balanced general fund of about $69.9 million, a return of capital spending to the general fund after prior years' ARPA use, and personnel and capital requests. The council held a public hearing with no speakers; formal adoption is scheduled for June 2.
Smyrna — City staff presented the proposed fiscal year 2026 budget at the Smyrna Mayor and Council meeting Monday, describing a balanced general fund, planned capital projects and personnel recommendations and holding the required public hearing.
Landon (last name not stated), finance staff, told council the FY 2026 general fund is balanced at $69,900,600. He said special revenue funds are balanced overall and noted the hotel-motel fund will use about $509,000 of reserves to balance that fund. "As is required by law, our general fund is balanced this year at $69,900,600," the presenter said.
Staff highlighted that the budget reflects a partial return to historical capital funding practices because most general fund capital projects in recent years were paid from American Rescue Plan Act (ARPA) funds that are no longer available. That change produces an approximately $1.04 million increase in…
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