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Commission approves March financial report and schedules budget workshop on 2027 proposal
Summary
Commission approved the March financial report showing 85% of proposed revenues collected and expenditures at 88%; staff also previewed the proposed 2027 budget and recommended options to spread spending down high cash balances over multiple years, with deeper review at next week's budget workshop.
The Collegedale City Commission on April 20 approved the March financial report and heard a preview of the proposed 2027 budget.
The city’s finance director reported that the city is three-quarters of the way through the fiscal year, with 85% of proposed revenues collected and expenditures at 88%. The director said the city received a large amount in March and staff transferred $2,000,000 from checking into a general-fund investment to capture interest. Commissioners approved the March financial report by roll call.
City management (John) presented a broad preview of the proposed 2027 budget and said staff compiled department requests to show commissioners the full scope of potential impacts on the general fund. John said staff will work with department heads and the mayor to present options, including spreading some spending across multiple years to avoid a one-year spike. The commission scheduled further budget discussion for the coming workshop.
Staff flagged that some individual requests include new full-time positions; those specific items will be discussed in depth at the workshop.
