Taylor council approves $50,000 transfer to recreation and accepts tentative FY2026 budget

Town Manager Gus Lundberg briefed the council on current fiscal-year finances and asked for a departmental budget transfer to cover recreation staffing and a vehicle upgrade. Lundberg said the town’s overall budget is roughly $21 million with contingencies in place and noted that ambulance revenues have declined somewhat. He requested a $50,000 transfer from contingency (reducing contingency from approximately $2.5 million to $2.45 million) to the recreation budget to pay benefits for a full-time assistant, a part-time assistant and a vehicle upgrade; Council Member Chris Neff moved approval, Sherry Cosper Duke seconded and the motion passed unanimously.

Lundberg also presented the town’s FY2026 tentative budget, which must be adopted by the third Monday in July and cannot later be increased. The proposed total expenditure amount is $21,828,296 compared with last year’s $22,138,404 and includes a $3 million capital projects fund and roughly $2 million in general-fund contingency. The budget also contemplates a $500,000 transfer to the sewer fund to forgive part of an interfund loan balance and other interfund transfers to support grants and street projects. The council accepted the tentative budget and scheduled a public hearing at the next meeting.

Council members emphasized the importance of fiscal prudence while supporting recreation services; the council took no additional action beyond approving the transfer and accepting the tentative budget.