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Bloomington reviews FY2027 budget with $148.3M general fund and $82M water capital plan
Summary
Finance Director Scott Rathburn presented the FY2027 proposed budget March 23: a $148.3 million general fund, large citywide capital spending driven by an $82 million water capital program, and increased allocations for streets, sidewalks and public safety; council asked for trend data and clarifications about multi‑year water spending.
Finance Director Scott Rathburn delivered a high‑level review of Bloomington’s proposed FY2027 budget at a public hearing on March 23, identifying a $148.3 million general‑fund budget and a citywide total of about $370.5 million driven by a near‑$112 million capital program, including roughly $82 million for water projects.
Rathburn told the council the year‑over‑year budget increase is driven mainly by capital projects, particularly an accelerated water capital program. “That’s really what’s driving up the budget this year,” Rathburn said, noting staff anticipated front‑ending several large water…
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