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Marietta budget preview: staff flags tight FY27, 4% midyear pay assumption and use of self-insurance reserves
Summary
City finance staff told the Finance & Investment Committee the FY27 budget outlook is tight, with a 4% midyear raise assumed for eligible employees, no new full-time headcount, use of roughly $1.0M from self-insurance reserves this year and a 3% BLW transfer to the general fund.
City finance staff presented a preliminary outlook for fiscal year 2027 to the Finance & Investment Committee, stressing constrained revenue growth and several cost pressures that make the coming year “extremely tight.” Patina, the staff presenter introduced by the committee, said the recommended budget will be circulated ahead of the full finance committee meetings later in May.
The draft assumptions include a midyear pay increase of 4% for eligible employees (defined as staff hired on or before July 1 with six months’ service), while headcount remains flat. “We assume ... a midyear salary increase for all employees that are eligible,” Patina said. She emphasized the increase is conditional on eligibility rules and other…
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