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Wylie council gets FY2027 budget kickoff as staff warns of steep health‑insurance increases and outlines bond timing
Summary
City staff warned the council the city should budget conservatively for FY2027 amid slowing revenue growth and preliminary health‑insurance estimates of roughly 30–35%; staff also outlined a possible bond timetable and a $14 million issuance tied to the 2021 bond program.
Wylie City Council members heard a staff-led kickoff for the fiscal year 2027 budget on March 24, when finance staff asked the council for direction and flagged a sharp projected rise in health‑insurance costs.
Mr. Parker, the city staff presenter, told the council that staff recommends a conservative revenue assumption — potentially a 2% sales‑tax increase — as growth slows. He reported that preliminary projections for the city’s health‑insurance renewal were “coming in somewhere between 30–35%,” a jump he said is driven by…
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