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Fountain presents a conservative, balanced 2026 budget with reserves above policy target
Summary
City staff told the council the two-year 2025–26 budget is balanced, the general fund reserve sits well above the 20% council goal (projected ~35–38%), and several one-time federal grants and intergovernmental contracts are boosting capital spending while staff recommend holding external IGSA dollars until receipts clear.
The Fountain City Council reviewed a conservative two-year budget proposal that staff say keeps the city’s operating plan balanced while preserving a larger-than-required reserve. City Manager Scott Trainor and Finance Director Shauna Dale told the council the city ended 2024 with unexpectedly strong revenues and now projects an unassigned/TABOR-adjusted fund balance of roughly 38.3% for 2025 and roughly 35.8% for 2026, both above the council goal of 20%.
Dale said the 2026 budget reflects a cautious approach: "We intentionally being very conservative…
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