Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Creve Coeur city administrator presents FY2026 budget and urges use tax as primary revenue option
Summary
City Administrator Mark Perkins presented the proposed fiscal year 2026 budget, reporting a strong fund balance but narrowing revenue growth and rising personnel costs; the finance committee recommends pursuing a local use tax, with a business-license fee or direct residential billing as alternatives.
Mark Perkins, Creve Coeur city administrator, opened the public hearing on the proposed fiscal year 2026 budget by saying, “I’m pleased to present the annual budget for fiscal year, 2026.” He told the council the city remains in good financial condition but faces “headwinds” as revenue growth has flattened while expenditures — especially personnel and public safety costs — continue to rise.
Perkins said the city’s operating fund balance is projected to move above $13,000,000 (about 70% of annual expenditures) in FY2026 and that staff have begun setting aside money for a long-planned government center…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
