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Brighton reviews 2025-26 budget proposal; council weighs capital reserves, revenue from DTN and DDA obligations
Summary
Council reviewed a proposed 2025-26 budget that assumes continued property-tax growth, a $600,000 additional pension payment, and increases to the capital reserve while addressing a recent DDA balloon payment and local-streets funding.
Brighton City Council reviewed the citymanagerfinance team's draft 2025-26 budget at a workshop session, focusing on property-tax driven revenue, a planned $600,000 extra pension payment, transfers to a capital reserve and obligations tied to the Downtown Development Authority (DDA).
City finance staff told the council that property taxes make up about three-quarters of general-fund revenue and that the budget applies a 3.1% inflation multiplier to revenues and expenses. The presentation projects modest revenue growth from new development including the DTN project, but staff said those tax gains will not fully appear until the next tax roll (tax day 12/31) and will hit the July 2026 levy.
Why it matters: the budget frames…
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