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Mayfield council previews tentative FY2027 budget, flags $40,000 utility shortfall
Summary
At a May 5 work meeting the Mayfield Town Council reviewed the proposed FY2027 budget, agreed to pass a tentative budget next week and instructed staff to prepare a public hearing for June. Members flagged a projected $40,051 deficit in the public utility fund and asked staff to pursue a water‑rate study and other revenue options.
The Mayfield Town Council on May 5 reviewed a proposed FY2027 budget and directed staff to advertise a public hearing in June and to place a tentative budget for council action at next week’s meeting. Committee member said the draft covers July 1, 2026–June 30, 2027 and asked council members to review the line items in detail.
The draft general fund total discussed was $374,315. Council members walked through major revenue categories, with one presenter listing taxes at $214,007.20 and identifying the class C allotment (state road funding) as a major intergovernmental revenue source. The council also noted higher interest income after moving town funds into a money‑market/checking arrangement; staff reported roughly $986 of interest in the most recent month.
Council members agreed the budget approach should be conservative and focus on maintaining services rather than starting new projects without additional revenue. One member asked whether to pursue a truth‑in‑taxation process this year; after discussion the council concluded it was not prepared to complete that process within the required window and agreed to plan for it next year if needed.
The council flagged the public utility fund as a near‑term concern: the packet shows a projected utility‑fund deficit of $40,051. Members instructed staff to pursue options to bring the utility fund into the black, including a water‑rate study and reviewing operating expenses. "I don't think we should be going in the hole on our public utility," the Chair said, and another member offered to contact rural water for potential assistance with a rate study.
On personnel costs, members discussed restoring a prior waived salary increase for a staff member and asked that clerk wages and other pay adjustments be included across applicable funds rather than waived again. The council also reviewed elevated professional‑services estimates (auditor, planning, automation) and the budget implications of a pending general‑plan update.
Next steps: staff will make the adjustments discussed, circulate an updated packet, advertise a public hearing for June, and place the tentative FY2027 budget on the agenda for formal council action next week.
