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Deputy finance director outlines state-shared revenue trends and their effect on Springfield’s FY27 budget
Summary
Deputy Finance Director Jessica Mummy told the budget committee that state-shared revenue formulas, legislative changes and large statewide projects are shaping Springfield’s FY27 revenue outlook; she said the proposed budget assumes no additional revenue from pending statewide measures and highlighted risks to liquor and marijuana-derived shares.
Deputy Finance Director Jessica Mummy presented an overview of state-shared revenue and how those streams affect Springfield’s proposed fiscal year 2027 budget.
Mummy described multiple revenue sources: the State Highway Trust Fund (supported by state gas tax and registration fees), liquor apportionment (34% city share split into 20% per-capita and 14% formula-based), the statewide marijuana tax distributions, and cigarette taxes. She explained that some recent statewide proposals were scaled back or referred to voters and that…
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