Edmond council reviews proposed FY2025–26 budget, schedules follow-up workshop

Edmond City Council held a special public hearing May 12 on the proposed fiscal year 2025–26 budget and financial plan, hearing a staff presentation on revenue assumptions, reserves and a multi-year capital-improvements program before scheduling a follow-up workshop May 27 and setting June 9 as the date for budget adoption.

The presentation, led by Kathy Pamis, finance director, said staff projected no growth in sales tax for FY26 while budgeting 4 percent growth in use tax, and that the city will rely on $57,000,000 in reserves in the coming year. "We've budgeted conservatively," Pamis said, adding that the $57,000,000 draw comes from multiple funds and that total city reserves now stand at about $274,000,000.

Why it matters: by statute the council must adopt a budget by June 15; staff and council emphasized the need to be conservative because year-to-date sales-and-use tax collections have been flat or slightly negative. The conservative assumptions affect operating budgets, planned hiring and the timing of capital projects.

Staff told the council the FY26 package totals roughly $413,000,000 in proposed spending financed by about $456,000,000 in projected revenue plus the $57,000,000 reserve draw. Operating expenditures are shown at roughly $279,000,000, with one-time capital outlay of…