Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
City presents $137 million FY2026 proposed budget, highlights $81 million in capital projects
Summary
Finance Director Scott Rathbun presented the city’s FY2026 proposed budget and $81.1 million in capital projects, including roadwork, trail extensions, park improvements and stormwater projects; council asked questions about grants, timing and program details ahead of a public hearing and final adoption in April.
Finance director Scott Rathbun presented the Bloomington City Council with the city’s proposed FY2026 budget and a detailed review of $81.1 million in capital projects that account for roughly 25% of the proposed citywide budget.
Rathbun said the city must present its proposed budget by March 15 and described key changes since the February briefing: the addition of a $3.95 million “front and center” project increased citywide capital totals and altered the general‑fund transfer to the capital improvement fund. He told council that roughly $9.6 million — nearly 12% of the capital total — is expected from external sources such as grants and partner contributions.
Direc…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
