Stuart presents FY2027 draft budget balanced around 5‑mill assumption

City staff presented the draft fiscal year 2027 budget at a special commission workshop on Aug. 10, outlining approximately $108 million in total revenues and roughly $112 million in proposed spending across all funds. Financial Services Director Kate Ambrosini said the draft keeps the general fund near balance—approximately $50.2 million in revenues and about $50.2 million in expenses—assuming a 5‑mill ad valorem rate and subject to state revenue updates. "The draft '27 budget book is available online," Ambrosini told commissioners during the presentation.