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Budget committee approves amended 2026 budgets, keeps $1M capital transfer for jail project and schedules midyear reviews
Summary
Faulkner County's budget committee approved multiple 2026 fund appropriations and amendments, reiterated a 3% cost‑of‑living adjustment across budgets, kept a $1 million annual transfer to capital improvements (supporting a $20M jail project) and asked staff to revisit several special‑revenue funds midyear amid revenue uncertainties.
The Faulkner County Budget & Finance Committee passed a package of 2026 budget items with amendments and asked staff to monitor revenue projections and revisit several funds in March. Chair reviewed the county's total projected revenue of about $16,212,000 against budget requests totaling roughly $16,443,000 and explained recurring and one‑time adjustments to balance the books.
"We take into account... $190,000 in capital improvements purchasing, and an additional $100,000 or more in elections," the Chair said when walking committee members through the projection sheet. The Chair noted the court has historically transferred roughly $1 million annually into the capital improvement fund, a practice that has underwritten large…
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