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Staff outlines FY 2026–27 base budget, projected shortfall and calendar for workshops
Summary
Staff presented a conservative base budget with no assumed compensation or capital increases, showed a projected ~$400,000 year-end operating deficit and an initial FY27 base surplus estimate of about $225,000; council discussed prioritization, CIP, and potential ad valorem action.
City staff presented an initial, conservative base budget for FY 2026–27 that assumes no compensation increases and includes only currently budgeted capital. The base projection showed a projected near-term operating deficit of about $400,000 for FY26 year-end and an initial FY27 starting position of roughly a $225,000 surplus under current assumptions (no capital, no compensation changes).
Staff walked the council through budget assumptions (10% insurance increase, flat property and sales tax assumptions), fund balances and restricted funds (paving bond fund, water tower bond, dam project dollars), and the calendar for upcoming departmental presentations and workshops. Staff recommended the council identify priorities now so staff can prepare memos and proposed amendments rather than presenting long printed volumes.
Councilmembers raised items for potential inclusion—airport hangar repairs, cemetery mowing, JLK well completion and recycling options—and asked for department-level proposals on what would be required to reach budget-neutral positions. Staff said they would schedule departmental reviews starting the week of June 8 and bring more detailed projections at the June 18 and June 22 meetings, with potential action in July.
