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City manager unveils FY2026 budget; residents raise concerns about sales-tax reliance and reserves
Summary
City Manager presented the FY2026 proposed budget with projected revenues of about $306.9 million and recommended next steps; public commenters and council members warned the city's heavy reliance on sales tax and declining general fund balance could force cuts or reserve use.
City Manager presented the proposed City of Norman fiscal year 2026 budget at a public hearing on April 22, saying the plan is a policy document that reflects the city's priorities and projected revenues of about $306.9 million across all funds.
The manager outlined key revenue and expenditure projections: General Fund revenues were projected at $107.1 million with sales and use taxes representing the largest share (65% of the General Fund), and total projected expenditures across all funds were approximately $295.2 million. The manager noted personnel costs account for about 70 percent of operating expenditures and that the proposed General…
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