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City manager presents FY26 budget estimate emphasizing commission goals and tax-relief match
Summary
City Manager Mr. Grama presented the City of Red Bank's FY26 budget estimate, highlighting alignment with five commission goals, a 1.5% cost-of-living adjustment for employees, a proposal to permanently fund a VCIF-funded detective position, a new data-analyst contract, and a city match for county tax relief for eligible residents.
City Manager Mr. Grama presented the City of Red Bank's fiscal year 2026 budget estimate on April 22, 2025, outlining priorities for the fiscal year beginning July 1, 2025, and ending June 30, 2026.
The budget estimate, Mr. Grama said, "addresses all 5 commission goals" from the commission's strategic planning retreat and includes a proposed 1.5% cost-of-living adjustment for all city employees. He told commissioners the package includes a three-page memo, a four-page budget guide and a 32-page budget spreadsheet to support the discussion and invited commissioners and the public to review the materials posted on the city's finance webpage.
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