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Council, staff review draft FY2026–27 budget; $472,000 general-fund gap flagged
Summary
In a workshop discussion, staff presented a draft FY2026–27 general and enterprise fund budget, noting a $472,000 projected shortfall in the general fund that staff will address before adoption; the enterprise fund is projected to add $425,000 to reserves. Council discussed tax-rate approach, transfers, vehicle leases and capital priorities.
City staff presented draft general and enterprise fund budgets for fiscal year 2026–27 and outlined next steps for public hearings and adoption.
Tim told council the budget uses a 'no new revenue' property tax calculation as the baseline and that appraised value growth could allow the city to generate modest additional revenue without a rate increase. He reported the enterprise fund is projected to finish the year about $425,000 ahead but the general fund as currently drafted shows a deficit near $472,000. To close the gap staff proposed reducing an assumed transfer from the enterprise fund to the general fund from $300,000 to $201,000, among other adjustments.
Key proposed items discussed: a 3% across-the-board cost-of-living adjustment, three leased police patrol vehicles phased through the fleet rotation program, $100,000 in street rehabilitation funding to maintain a $500,000 annual target, pool deck capital work, and a $50,000 annual contribution to a fire-station expansion financing plan. Staff said no new permanent positions were proposed but existing authorized positions remain funded.
Council and staff reviewed the schedule: additional budget workshops in late July/early August, a proposed tax-rate hearing in August, and the possibility of final adoption on Aug. 17 (or Aug. 24 if required). Council directed staff to continue balancing the general fund and to return with updated numbers at the next workshop.
