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Milford City Manager previews FY 2026 budget, projects $25.3 million in all-funds revenue
Summary
City Manager Gunderson presented a high-level preview of Milford’s fiscal year 2026 budget to the council, citing a projected $8.2 million general fund revenue, $5.9 million in income-tax collections and roughly $25.3 million in all-funds revenue; capital projects and fund-level details were outlined.
City Manager Gunderson presented a high-level overview of Milford’s proposed fiscal year 2026 budget to the Milford City Council on Dec. 2, saying binders and the slide deck would be available for residents to view.
Gunderson said the city is projecting about $8,200,000 in general fund revenue for FY2025 and roughly $25,300,000 in all-funds revenue. He reported income tax collections of about $5,900,000 and estimated general fund expenses near $9.5 million, with all-funds expenditures…
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