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Bloomington previews FY27 budget as $81.9M in water projects drive historic capital spike
Summary
City Manager Jurgens and budget staff presented an FY27 preview that holds operating increases small while front-loading roughly $81.9 million in mandated water capital projects; council members pressed staff on grocery-tax allocations, possible bonds and long-term forecasting.
Bloomington — City Manager Jurgens and budget staff gave a detailed preview Feb. 23 of the proposed FY27 budget, emphasizing a modest operating increase but a historic capital spike driven by water infrastructure work.
Jurgens said the proposed FY27 budget is up “a little over 8% from the FY26 approved” on a gross basis but that operating increases are small; the large change is capital spending. “So why the large increase? The… elephant in the room… is the water project. So, we have $81,900,000 a historic amount in planned water capital projects for FY27,” Jurgens told the council, citing lead-line replacement and system-wide…
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