Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Lindsay releases preliminary FY 2026–27 budget wish list; city flags revenue pressures and overhead changes
Summary
City staff presented a third-quarter budget update and a preliminary FY 2026–27 budget 'wish list,' noting a projected general-fund revenue shortfall, overhead accounting changes that shift salary allocations into the general fund, and pending grant reimbursements that affect reporting; staff will return a balanced budget for council action in June.
City staff presented a third-quarter budget review and an initial budget workshop for fiscal year 2026–27, warning council that planned department 'wish lists' exceed projected revenues and outlining steps to balance the budget.
The finance presentation reported $9.1 million in budgeted general-fund revenue for the current fiscal year, with $6.2 million received through the third quarter; sales tax receipts were forecast to be about 5% below prior projections, a shortfall staff said equates to roughly $200,000. On the water side, staff noted $3 million in grant-funded well work…
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
