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Bridgeport manager unveils 2026 draft budget and proposes 1-mill option to cover rising debt service
Summary
Bridgeport officials presented draft 2026 general and sewer fund budgets Nov. 11 and identified rising debt-service needs tied to planned borrowing that could be funded by a proposed 1-mill municipal real-estate tax increase.
Borough officials presented the first draft of Bridgeport—orough's 2026 general and sewer fund budgets at the Nov. 11 council meeting and flagged rising debt-service costs that may require revenue action.
Manager (identified in the presentation) said the draft general fund totals $6,874,500, an 8.3% increase from the 2025 budgeted figure. He broke down revenue streams, saying real estate/property taxes are the largest source (about $2,875,000 or 42% of the budget) and that earned-income taxes are projected at $1.8 million. He noted nonrecurring revenues…
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