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Homewood manager outlines $127.5 million FY2025–26 budget; committee sends briefing to full council
Summary
City Manager presented a proposed FY2025–26 budget totaling $127.485 million, including a $74.875 million operating budget and approximately $21 million in capital expenditures. The finance committee accepted the briefing and voted 5–0 to send the budget materials to the full council and begin formal hearings.
City Manager Mike Adams presented an overview of the proposed FY2025–26 budget to the finance committee, describing a $127,485,000 total budget that combines operating, capital and debt service items and outlines funding, consolidation and debt‑management strategies.
Adams told the committee the proposed operating budget is $74,875,000, capital expenditures are programmed at about…
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