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City finance director warns of multi-year deficits; 2026 revenue budget shown at $29M vs $31.5M in expenses
Summary
Finance Director Jeff Albrecht told the council the city's general fund revenue is essentially flat, with a 2026 revenue budget of about $29 million and an expenses estimate of $31.5 million, creating a projected deficit that will require budget adjustments or new revenue streams.
Jeff Albrecht, the city’s director of finance and administrative services, told the Pullman City Council on Oct. 14 that general fund revenues have been largely flat and that the preliminary 2026 revenue budget is about $29 million while expenses are currently projected at $31.5 million.
Albrecht said the city has seen slowing growth in property and sales tax receipts after several years of strong sales-tax gains. He noted specific revenue changes: property tax is constrained by the state limit on…
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