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Cody council passes first reading of FY2026 budget; resident raises concerns about general fund deficit
Summary
The Cody City Council approved the first reading of the FY2026 budget ordinance, which projects roughly $49.11 million in expenditures and a $42.17 million ending fund balance. A Ward 2 resident warned the general fund shows a $1.4 million shortfall and urged fiscal caution.
The Cody City Council on an evening meeting approved the first reading of an ordinance adopting the City of Cody's fiscal year 2026 budget, which staff presented as projecting $43,998,000 in revenues and $49,110,000 in expenditures with a projected ending fund balance of $42,174,670.
City staff member Leslie Bromage told the council the FY2026 budget was prepared to align with the council's priorities — infrastructure, public safety, workforce, fiscal responsibility and recreation — and that the proposal followed generally accepted accounting principles and conservative revenue…
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