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Denton manager unveils FY2025-26 proposed budget, flags shortfalls and one-time items
Summary
City staff presented the City Manager's proposed FY2025-26 budget and five-year forecast, described a 0-based budgeting approach, and asked council to rank three one-time priorities (catalyst fund, pool study, campaign-finance consultant) if year-end savings become available.
Denton City finance staff presented the City Manager's proposed fiscal year 2025-26 budget at a Saturday work session, outlining a year-round budget process, a 0-based budgeting methodology, and a five-year financial forecast. "The budget is a very important financial plan and policy tool," Christine Taylor said as she opened the presentation and reviewed major funds, assumptions and next steps toward adoption in September.
Staff said the proposed forecast assumes 4.62% growth for FY25-26 and 5% in out years and cited a proposed tax rate that leaves the operations and maintenance portion unchanged while adding 1 cent on the debt-service side (proposed total 0.595420). Taylor also outlined three one-time 2-minute-pitch requests for council consideration if year-end savings materialize: rolling expiring incentives into the Catalyst Fund (~$38,000), funding a Civic Center pool site analysis and life-cycle plan, and contracting a campaign-finance consultant (presented at about $70,000). Council members were asked to indicate priority order for those items, with staff noting none are included in the city manager's proposed budget.
