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Highland releases tentative FY26 budget; general fund reserves projected to fall below prior target
Summary
City Finance Director David Mortensen presented the Highland City tentative fiscal 2026 budget, showing planned uses of fund balance across multiple funds and an estimated general fund reserve of about 26.4% of revenues at year-end if the budget holds.
Highland City Finance Director David Mortensen presented the city’s tentative fiscal 2026 budget and an all-funds summary to the City Council, telling members hard copies of the tentative budget were available at the meeting.
“The far left column in the darker gray color is where we expect to start,” Mortensen said, describing the budget packet’s all-fund summary that shows beginning fund balances, budgeted revenues and expenditures, net revenue, proposed use of prior-year fund balance and estimated ending balances.
The budget rewords a previously labeled “depreciation expense” line. Mortensen…
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