Council will begin finalizing the Fiscal Year 2026 Budget this week! Today and Thursday at 10am, Council will hold a Committee of the Whole (COW) Meeting where they will review and vote on recommended changes to the Budget.

There’s a lot happening this week with the city budget, including several Link meetings and a public hearing on the Mayor’s Proposed Budget.

This week, Council will begin work on the Fiscal Year 2026 (FY26) Budget. Mayor Linda Gorton released her Proposed Budget two weeks ago, and between now and early June, Council will review it, propose any changes, and vote to approve a final version.

Last Tuesday, Mayor Gorton delivered the annual Budget Address and released her Proposed Budget for Fiscal Year 2026 (FY26)!

This Tuesday at 3pm, Mayor Linda Gorton will present her proposed budget for Fiscal Year 2025/2026 (FY25/26) during her annual Budget Address.

The Council and the Mayor’s Administration have shared their priorities for programs to support in the upcoming budget!

Last Thursday, Council held its Budget Retreat to discuss their priorities for the upcoming Fiscal Year 2026 Budget.

Council will be holding their annual Council Budget Retreat this Thursday! The Council Budget retreat is an opportunity for Councilmembers to share their individual priorities for the next LFUCG Budget and develop their priorities as a body.

In Tuesday’s Budget, Finance, and Economic Development (BFED) Committee, Council Budget Analyst Kelley Farley will present an overview of potential changes to the City budgeting process.

Last Tuesday, Council decided how to spend $20 million in Fund Balance money! Fund Balance refers to leftover money from the previous Fiscal Year’s Budget that hasn’t been spent. The last Fiscal Year’s budget ended on June 30th, 2024.

On Tuesday, October 29th at 10am, Council will hold a Committee of the Whole Meeting to decide how to spend the City’s Fund Balance money.

In last Tuesday’s Council Work Session, Council voted to follow the Mayor’s recommendations and keep the ad valorem tax rates for Fiscal Year 2025 (FY25) the same as FY24.

In Tuesday’s Council Work Session, Councilmembers will decide how to set the ad valorem tax rates for Fiscal Year 2025.

Council has overridden Mayor Gorton’s vetoes.

In Tuesday’s Budget, Finance, and Economic Development (BFED) Committee, Councilmembers will hear a presentation on the history and current status of LFUCG’s Economic Contingency Fund.

Citing recurring costs and a disagreement over Council’s budget process, Mayor Linda Gorton is vetoing ten positions added to the FY25 Budget by Council.

Council has approved their final changes to the FY25 Budget!