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New Smyrna Beach presents $199 million proposed budget, holds reserves for storms and infrastructure
Summary
City staff presented a proposed FY2026 budget of $199,000,000 that maintains the operating millage at 4.637 mills, recognizes large carryforward funds as reserves and includes funding for street resurfacing, fleet replacement and seven new positions. Commissioners asked about timing for a pay study and the planned Turnbull Creek borrowing.
City staff presented the city manager's proposed fiscal year 2026 budget of $199,000,000 and walked the commission through key differences from the adopted and amended FY2025 totals.
Jeff, the finance director, told the commission the proposed budget maintains the operating millage at 4.637 mills and that the amended FY2025 total ($203,000,000) reflects carryforward funds now being recognized in the financial plan. "The proposed budget for fiscal year 2026 of 199,000,000," he said, noting the amended figure provides a more complete picture of funds on hand.
The presentation highlighted three priority themes: building a high-performing organization focused on customer service, preserving neighborhood health and safety, and improving existing infrastructure. The budget proposes seven new positions (six in public works and one in capital projects), a $2,000,000 allocation for street resurfacing and $3,000,000 for fleet replacement.
Staff also explained a new practice of formally budgeting reserves: required reserve targets range from about 25% for the general fund to 15% for the airport and marina fund, and auditors recommended 25–33% given coastal hurricane risk. The presentation closed with next steps: a first public hearing on September 10, a second on September 23 and the FY start on October 1.
The commission did not take any votes at the workshop; staff said the pay and classification study results and union negotiations were expected later in August and that managers hoped the commission would have the necessary information before formal budget adoption in late September.
