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Council committee reports Q1 finances and a $66.3 million unassigned FY25 fund balance
Lexington-Fayette Urban County Council (work session) · January 27, 2026
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Summary
At the Jan. 27 work session, the Budget, Finance and Economic Development Committee reported a 1.6% revenue variance (about $1.8 million), a 6.7% expense variance, and an unassigned FY25 fund balance of about $66.3 million; no committee action was taken.
Council member James Brown reported the Budget, Finance and Economic Development Committee’s Aug. 21, 2025 summary at the Jan. 27 work session, presenting quarter‑one FY26 financials and fund-balance information.
Brown said the FY26 quarter‑one review showed a 1.6% variance between actual…
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