Proposed fiscal year 2026-2027 city budget
Summary
The CDC's spending plan for next year includes a 2% sales tax growth assumption, $350,000 for property acquisition, and use of about $82,000 in fund balance. The board debated going bigger for downtown purchases but kept it conservative.
At a glance
- Total mentions
- 6
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 10, 2026.
Impact analysis
About $82,466 of fund balance would be spent, with roughly $500,000 left in reserves if a property purchase occurs.
Residents gain continued downtown reinvestment funded by sales tax without new taxes.
Homeowners face higher tax bills even as home values fell countywide.
Mentions & discussions (6)
City Council - Sep 10, 2026
The city adopted a $23.2 million budget with major funding for streets and drainage. The budget drives the tax rate homeowners will pay starting this fall.
City Council - Sep 3, 2026
The Council heard public comment on the proposed budget covering October 1, 2026 through September 30, 2027. The budget sets spending priorities for city services, staffing, and projects.
City Council - Aug 27, 2026
The proposed budget spends $392,000 from reserves and carries a proposed tax rate of 62.1953 cents per $100 valuation. Council feedback already reshaped it — cutting the zoning map project in half, doubling stormwater maintenance to chase drainage grants, and trimming hotel occupancy tax spending. The public hearing is September 3 and the vote is September 11.
City Council - Aug 13, 2026
The proposed budget raises the tax rate 11% to 0.621953, adding about $132 to the average annual tax bill, driven partly by state homestead and business property exemptions. Council will take public comment September 3 before final adoption.
Community Development Corporation - Aug 3, 2026
The CDC's spending plan for next year includes a 2% sales tax growth assumption, $350,000 for property acquisition, and use of about $82,000 in fund balance. The board debated going bigger for downtown purchases but kept it conservative.
City Council - Jul 23, 2026
The city is trending toward a ~$1 million draw on reserves to finish FY26, with sales tax down and certified property values off 2.92%. Council Member Vrba says he won't vote for a budget with that gap and wants everything — including police staffing — considered for cuts. The proposed budget arrives August 5.
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