To:

Honorable Mayor and Council Members

From:

Mike Eastburn

CC:

Administration Files

Date:

7/8/2026

Re:

Proposed FY2026-2027 Budget

The proposed FY2026-2027 budget is complete and is being delivered to you for your consideration prior to the July 27th Budget Workshop. The format of this document is similar to past years. Historical information for the past three years, including the current budget, and a proposed 2026-2027 budget column are provided for your review.

This year's budget is greater than last year's by approximately $16.273 million. Table one shows the proposed revenues that are expected to be received in the upcoming fiscal year. Table two of this report compares the two previous, current, and proposed years by Fund, Capital, and Operation & Maintenance expenditures. Table three compares the four budgets by funding categories and selected expenditure categories.