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Wilsonville council and urban renewal agency adopt FY 2026–27 budgets and state shared revenue resolutions
Summary
Council adopted FY2026–27 city budget, declared eligibility and election to receive state shared revenues, and the Urban Renewal Agency adopted its budget, with all motions passing unanimously; staff noted a planned midyear review of general-fund sustainability.
Wilsonville's council adopted the city's FY 2026–27 budget and related resolutions on June 1, approving state shared revenue eligibility and the tax levy and directing staff to monitor general-fund sustainability with a midyear check-in.
Assistant finance director Catherine Smith and Finance Director Keith Katko presented a condensed budget overview. The city's total budget for FY 2026–27 is approximately $300.5 million across 24 funds, including an operating budget of about $68 million and a capital improvement program around $45.5 million. Key state-shared revenue line items cited were an estimated $2.0 million in gas tax, $425,000 in liquor tax, $340,000 in state revenue sharing and $15,000 in cigarette tax.
The council adopted three resolutions by roll call: declaring the city's eligibility to receive state shared revenues (Resolution 3264), electing to receive those revenues (Resolution 3265), and adopting the FY 2026–27 budget and associated tax levy (Resolution 3266). Each motion passed unanimously.
The Urban Renewal Agency immediately after the council meeting adopted its URA budget (Resolution 359), equalizing resources and requirements at about $7.3 million, including funds for active URA projects and rebates. The URA vote was unanimous as well.
Finance staff noted the committee's recommendation for a midyear review of the general fund, citing longer-term sustainability concerns and the need to examine structural adjustments in the coming months.
What happens next: staff will execute budget steps, monitor actuals, and present a midyear fiscal check-in to council early in the next calendar year.
