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Lacey closes final 2026 budget hearing with $225M plan, reserves to bridge shortfall
Summary
City staff presented a final 2026 budget just under $225 million, citing lower capital spending and a general fund of about $74.4 million; council closed the hearing after staff explained three small adjustments funded from reserves and described a $2.99 million reserve balance.
City finance staff presented the final proposed 2026 budget of just under $225,000,000 and closed the public hearing Dec. 2.
In the presentation, Troy said the overall decrease from the current year is driven largely by lower capital spending. He reported the general fund proposal at about $74,400,000, a roughly $14.5 million reduction primarily…
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