Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Longwood officials identify a multi-front strategy after budget model shows structural shortfall
Summary
City staff told commissioners a new interactive budget model projects a persistent general-fund shortfall and presented options including a limited millage increase, targeted fee adjustments, a possible fire assessment and water/sewer rate changes to fund capital needs.
City of Longwood officials told the commission on April 8 that the city faces a persistent general-fund shortfall and will need a mix of revenue and spending changes to balance future budgets.
"For 24‑25, our ending fund balance number will be approximately $5,100,000 with an operating reserve percentage of 18%," Finance Director Dustin Wilbrier said, and then reported a projected general‑fund deficit of $613,000 for fiscal year 25‑26 and a continuing gap under current assumptions for 26‑27. Wilbrier said…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
