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Rawlins staff warn FY2027 budget leaves spendable general-fund reserves negative
Summary
At a May 5 work session, the city’s finance director said proposed FY2027 revenue (~$13.34M) and accounting for capital/restricted funds leave the city short of the nine-month reserve target and that enterprise funds similarly show negative spendable balances; council scheduled follow-up sessions and discussed fee adjustments and capital priorities.
Finance Director Laura told the Rawlins City Council during a May 5 work session that the city’s proposed FY2027 general fund revenue is about $13,338,000 but that, after accounting for capital and restricted funds, the city’s spendable general-fund reserves are negative when compared with the nine‑month reserve target.
"In actual spendable reserves right now in the general fund, we are a negative," Laura said, explaining the city’s calculation that nine months of spending equates to roughly $10,000,000. She also noted that the city projects a modest…
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