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Highland Park presents proposed FY2026 budget; $100M operating, $40M capital, $24M planned debt issuance
Summary
City staff presented the FY2026 proposed budget: approximately $100 million in operating revenue, $150 million total revenue (driven by debt proceeds), $40 million in capital projects, and a $24 million proposed debt issuance; council closed the public hearing and will consider adoption Nov. 24.
City Manager Geeta Newkirk and Finance Director Christy McAllieu presented the city’s proposed FY2026 budget at a public hearing Nov. 10, outlining operating and capital assumptions and a schedule for formal adoption.
McAllieu said the budget proposes about $100 million in operating revenue for 2026 (roughly flat with 2025) and total revenue of about $150 million, an increase driven largely by non‑operating items including planned debt proceeds. The capital…
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