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Ann Arbor staff outline FY26–27 budget plan; utility rate changes proposed
Summary
City finance staff presented a two-year budget plan March 24, outlining revenue assumptions, reserve targets, one‑time uses of fund balance, staff requests and proposed utility rate increases: 6% water and 3% each for sewer and stormwater.
Marty Pershahn, city chief financial officer, presented the fiscal year 2026 proposed budget and the fiscal year 2027 budget plan to the Ann Arbor City Council at a March 24 work session.
Pershahn said the recommended budget follows council policy and existing funding rules and that the city plans to adopt an operating and capital budget. He summarized key policy assumptions and timelines for review: a recommended budget presentation on April 21, ordinance first readings for rate changes at that meeting, public hearings and second readings May 5, and final budget consideration on May 19.
Pershahn said the city adheres to a 15–20% general fund balance policy and funds…
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