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Parker council adopts 2026 budget after second hearing, lays out debt‑payoff option
Summary
After a second public hearing, the Parker Town Council adopted the 2026 budget and several technical amendments, approving new positions, pay adjustments and a possible $16.77 million debt payoff option while staff warned continued reliance on sales tax makes projections sensitive to economic shifts.
The Parker Town Council on Nov. 17 adopted the town's 2026 budget after a public hearing and second reading, approving staff-recommended amendments and budget authority changes across multiple funds.
Finance staff outlined the package before the council, describing a multi-fund proposal that included technical revenue recognitions, an $800,000 increase in budget authority for the town's parking garage funded by Parker Authority bond proceeds, new software subscriptions for public safety and recreation, and funding to…
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