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DeKalb reviews proposed FY2026 budget, plans reserve withdrawals to pay for streets, equipment and pensions
Summary
At a Nov. 17 joint meeting, the City of DeKalb’s council and finance advisory committee reviewed the proposed FY2026 budget. City staff said they plan to use reserves — including $1.4 million for street maintenance — plus other fund sources to cover capital and pension obligations.
The City of DeKalb’s City Council and Finance Advisory Committee met in a special joint session on Nov. 17 to review the proposed fiscal year 2026 budget and staff recommendations for funding capital needs, operations and pension obligations.
City Manager presented the budget overview and told the panel that the city plans to use a mix of existing revenue and reserves to cover 2026 priorities. "From our general fund reserve, we are on the street maintenance side, going to bring $1,400,000 out of the general fund reserve," he said, and added the city would use roughly $540,000 of reserves for equipment and vehicle purchases and about $1,900,000 to help cover shortfalls in state pension payments. He also…
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