Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
St. Charles County presents 2026 budget, flags lost marijuana sales tax and keeps 10% reserve goal
Summary
County finance staff presented a 2026 budget that maintains a 10% general fund reserve while warning a state Supreme Court ruling will eliminate adult-use marijuana sales tax revenue (~$2 million/year) and could create a $3.6 million refund liability; council members pressed for roll‑over and reserve dollar amounts.
Mike Summer, presenting an overview of the proposed 2026 Saint Charles County budget, told the County Council the county’s goal is to maintain a 10% general fund reserve in addition to a 3% statutory reserve and outlined where key schedules and fund summaries can be found in the publicly posted budget document.
“The goal is always to have a 10% reserve,” Summer said, and he described the document’s index and page references for general fund and special funds. He told councilmembers that…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
