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Florence council adopts $106.9 million general-fund budget for 2026–27
Summary
Thorn City Council unanimously adopted the fiscal year 2026–27 budget, setting general fund appropriations at $106,860,393 and presenting line-item estimates for multiple city funds; council also approved a related 2025 budget amendment covering temporary staffing, tax liabilities tied to an ongoing federal investigation, and insurance reimbursements.
Thorn City Council adopted Ordinance 016-2026 on June 16, approving the city’s fiscal year 2026–27 budget and companion amendments. Council voted 5–0 to adopt the budget after a second reading.
City staff presented key figures for the general fund: estimated revenues and transfers of $53,597,000, a beginning fund balance of $53,263,393, and total appropriations of $106,860,393. Projected general-fund expenditures and transfers were presented as $57,828,663, leaving an estimated year‑end fund balance as calculated in the exhibits to the ordinance.
The presentation also listed totals for other funds included in the ordinance: municipal aid road fund revenues/transfers of $865,000; a newly created opioid abatement fund with appropriations of $125,363 and projected expenditures of $180,000; infrastructure fund available appropriations of $35,498,977 with projected expenditures of $6,868,000; asset forfeiture fund figures (revenues $85,000; beginning balance reported); water and sewer fund estimated revenues/transfers of $11,351,000 and beginning balance $30,874,189; and various other enterprise and internal service funds (aquatic summit, golf, health and dental) with figures read into the record.
Council also approved Ordinance 015-2026, a budget amendment for FY2025. The amendment included: temporary staffing in administration to cover an absent finance clerk (paid from the temporary employee account); a reallocation of salary/benefits allocated to water and sewer administration; an increase in a miscellaneous line to account for Kentucky state sales and use tax and associated penalties and interest related to diverted revenues tied in the presentation to an ongoing federal investigation; an increase in health/dental self‑insurance fund activity to account for stop‑loss reimbursements and higher claim costs; and depreciation adjustments in the water and sewer fund. That amendment passed on a 5–0 roll call.
All budget documents and exhibits were made available for public inspection at the Florence Government Center, city clerk’s office.
