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Council advances 2026 budget to second reading; general-fund reserve projected at 61.6%
Summary
Council moved ordinance 25-017 (adopting the 2026 budget) to a second reading on Dec. 9 after staff presented highlights: $148.4 million total appropriations, $70.6 million general fund, 118.25 FTEs and a projected general fund ending balance equal to 61.56% of recurring expenditures.
The Spokane Valley City Council on Oct. 28 advanced the proposed 2026 city budget to a second reading after a staff presentation that reviewed operating assumptions, reserves and major capital items.
Finance staff described the 2026 proposal as $148.4 million in total appropriations across 31 funds, including $47.9 million in capital projects. The general fund portion of the 2026 budget is proposed at $70.6 million and recurring revenues were estimated at $68.6 million, with recurring expenditures at $68.5 million — a narrow recurring surplus of about $119,000 under the draft. Projected total recurring and nonrecurring expenditures exceed revenues by…
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