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Norman staff present proposed FY2027 $302 million budget; council flags insurance subsidy and public-safety staffing shortfall
Summary
City staff told the Norman City Council on April 28 that the proposed FY2027 budget totals about $302 million across funds, with a $112 million general fund; discussion focused on a projected $2 million insurance/risk subsidy, flat sales-tax revenue limiting hires and remaining obligations tied to the public-safety sales tax including Station 5.
City of Norman finance staff on April 28 presented the city manager's proposed fiscal year 2027 budget, telling the City Council the total across funds is "about $302,000,000" and outlining next steps in the budget calendar ahead of final adoption scheduled for June 9.
The budget discussion, limited to the general fund and special revenue funds, reviewed revenue assumptions, reserve policies and a number of fund-specific items. The presenter summarized the all-funds picture: "the budget in total, we're talking about $302,000,000," and said staff had taken a conservative approach to sales-tax projections, assuming 1% growth for sales tax and 4% for use tax in FY2027.
Why it matters: staff said the city must balance capital needs, personnel and rising insurance and healthcare costs within constrained sales-tax revenue. Finance staff highlighted that the general fund budget for FY27 is roughly $112 million, with police (27%), public works (20%) and…
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