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Shaker Heights projects nearly $66 million in 2025 operating revenue; proposes $65.6 million revenue budget for 2026
Summary
At a joint City Council–Finance Committee work session, Finance Director Potts outlined 2025 revenue projections that exceed the adopted budget by about $1.9 million and presented a proposed $65.6 million general fund revenue budget for 2026, driven mainly by income- and property-tax expectations.
Finance Director Potts presented Shaker Heights’ revenue outlook and an initial timetable for the 2026 budget during a joint City Council and Finance Committee work session on Oct. 27, 2025.
Potts said the city is projecting 2025 operating revenues will reach almost $66,000,000, about $1,900,000 (roughly 3 percent) above the $64,000,000 budget adopted for 2025. He told council that 83 percent of the city’s operating revenue is derived from income and property taxes — “67 and 16 percent, respectively” — and credited real-time income-tax data and completed property-tax receipts for making the projection precise.
The finance director said the administration is proposing $65,600,000 in general-fund revenue for 2026, a few hundred thousand dollars below the 2025 projection and about 2.5 percent higher than the 2025 adopted revenue budget. “We have budgeted the 2026 general fund revenue number at 65,600,000.0,” Potts said.
Why it matters: income and property…
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