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Hudson staff outline 2026 budget, five‑year capital priorities and carryover policy
Summary
Finance staff told council that income‑tax revenue projections were trimmed after a major employer left but November receipts are down only 0.8%; staff presented capital spending plans that average $3.5M per year for the street program and sizeable stormwater spending in the five‑year plan.
Hudson City finance staff reviewed the 2026 budget and the five‑year capital plan at the Dec. 9 workshop, highlighting revenue assumptions, capital expenditures and policy on excess carryover balances.
Finance presenter Jeff said the budget team projected a 3.7% income‑tax revenue decrease tied to the loss of a major employer but…
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