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Sylvania finance committee flags capital shortfalls, schedules utilities review ahead of 2026 budget readings

6406304 · October 21, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At its Oct. 16, 2025, finance committee meeting, Sylvania staff presented the 2026 budget framework and a five‑year cash‑flow plan showing capital deficits tied to downtown projects and bridge work. Committee scheduled utilities committee review of water and sewer needs and set first/second budget readings for Nov. 3 and Dec. 2; it added $3,000 to

The Sylvania Finance Committee met Oct. 16, 2025, to review the administration’s preliminary 2026 budget and a five‑year cash‑flow plan that flagged capital‑project shortfalls.

Finance Director Toby Shroyer presented the cash‑flow analysis and identified projected deficits in the capital improvement plan driven primarily by downtown projects and a…

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