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Finance committee reviews 2026 general fund forecast, plans $4.7M-plus capital transfers and flags insurance claim pressure
Summary
City budget presenter reviewed the 2026 general fund forecast showing revenues slightly under 2025 forecast, projected transfers out (~$5.125M) with about $4.7M to capital, and noted increased personnel and health insurance claim costs that add pressure to operations.
An unnamed city finance presenter reviewed the proposed 2026 general fund forecast and reconciliations, telling the committee the city expects revenues modestly below its 2025 forecast and is proposing transfers to support capital projects in 2026.
The presenter said the forecast shows roughly $34.8 million in revenues against about $31.5 million in operating spending in the baseline, producing an apparent excess before transfers. “We’re gonna spend on operating 31.5. That means we got about 3,400,000 in excess revenue,” the presenter said, and then…
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