FY27 Proposed Budget

Expenditures: Fiscal year 2027 budgeted expenditures, excluding transfers out, are higher than fiscal year 2026 expenditures by $535,600. This is primarily due to an increase in administrative charges.

Expenditure Trends

$10,000,000

$9,000,000

$8,000,000

$7,000,000

$6,000,000

$5,000,000

$4,000,000

$3,000,000

$2,000,000

$1,000,000

$-

2024 Actual

2025 Actual

2026 Budget

2026 Revised 2027 Budget

2028 Projected

Personnel

Services Supplies Capital Outlay

Long-term Projections:

Future revenues for the Road Use Tax Fund are projected to increase only 1% each year. The City’s population has grown subst antially since the last census, but revenue growth is being projected conservatively until a more definitive pattern develops.

Future expenditures are projected with the assumptions that personnel related expenditures will grow at a 3% rate annually and services and supplies will grow at a 2% rate annually.

The structural deficit in the Road Use Tax fund persists despite the revenue growth because there has also been substantial growth in the operating expenditures. The fund deficit may have to be addressed through expenditure or capital funding cuts at some point in the future.

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