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Carmel council gets first look at FY25–26 results; revenues overall roughly on track
Summary
City staff presented a tri‑annual budget review showing revenues are largely on pace, some timing differences in charges‑for‑services (notably ambulance) and active capital projects totaling about $12.7 million with ~$4 million invoiced to date.
Finance staff presented the city’s first tri‑annual budget report for FY2025–26, covering July 1–Oct. 31, and said preliminary indicators show revenues and expenditures generally tracking the adopted budget.
“Revenues are on track with budget and the prior year,” Jamie told the council, while noting some categories (charges for services such as ambulance billing) are a lower…
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