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Larksburg approves midyear budget adjustments, tapping reserves for library completion
Summary
The City Council adopted Resolution 08/26 to revise the FY 2025–26 budget after a midyear review: revenue increases (building permits, plan-check fees), higher inspection staffing, and a $1.78 million transfer from reserves to complete the Library at the Commons construction.
The Larksburg City Council approved Resolution 08/26 on Feb. 4, adopting midyear amendments to the fiscal year 2025–26 budget after a staff presentation on revenue and expenditure trends through December 2025.
Administrative Services Director Amelia Gabrielle told the council that major revenue lines remain generally on target: property tax is projected at $16.6 million (roughly 64% of general fund revenue) and sales tax at $3.1…
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