Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget Overview topic
No spam. Unsubscribe anytime.
City manager presents $41.0 million FY25–26 budget with revenue shortfalls flagged
Summary
City staff presented a $41.0 million spending plan for FY25–26 and warned that limited revenue flexibility and growing utility subsidies will pressure future budgets. The proposal includes two police vehicles, a $700,000 Digger-Derrick truck, and modest staffing changes.
The City of Bandon’s budget manager presented the proposed fiscal year 2025–26 spending plan, saying “the total appropriated budget amount is 41,000,005,” a net increase of about $1.6 million from the prior year. The presentation framed revenue as the primary challenge for maintaining current services and funding capital projects.
The manager said the city relies heavily on transient-occupancy tax and one-time funding for capital purchases, while permanent property tax contributes roughly $242,000 annually. He said staff set aside a 5% general-fund reserve and reported an accrued balance of $969,000 toward a $1.3 million goal. Council members asked for follow-up details on beginning-balance actuals and auditing practices in the next meeting.
