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Ferguson supervisors authorize advertisement of draft 2026 budget amid questions on reserves and fund structure
Summary
The board authorized advertising a public hearing to adopt the draft 2026 operating budget after discussing health‑care cost assumptions, liquid fuels balances, bond fund restrictions and reserves (approximately $8.5 million). Supervisors asked staff to report back on fund restrictions and possible reallocation options.
Ferguson Township’s Board of Supervisors authorized staff to advertise a public hearing for adoption of the draft 2026 operating budget after a presentation from the township manager and finance director.
The manager reviewed budget assumptions, noting volatility in earned income tax collections and an updated health‑care cost increase…
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