Page 2 - FY 2026-2027 Adopted Budget Book
P. 2
Table of Contents
Introduction
Required Legal Statements................................................................................... 2
Transmittal Letter................................................................................................... 5
Reader's Guide...................................................................................................... 7
Principal Officials................................................................................................. 11
Organizational Chart............................................................................................ 12
History of the City................................................................................................ 13
Demographic and Economic Statistics................................................................ 14
Financial Policies................................................................................................. 17
Basis of Budgeting............................................................................................... 18
Budget Timeline................................................................................................... 19
Distinguished Budget Presentation Award........................................................... 21
Overview
Executive Overview............................................................................................. 23
Why this Budget Matters...................................................................................... 28
Strategic Plan...................................................................................................... 29
Long Range Planning.......................................................................................... 31
Truth in Taxation................................................................................................... 37
Utility Rates.......................................................................................................... 38
Personnel Summary............................................................................................ 39
Supplemental Requests....................................................................................... 41
Fund Summaries
Fund Structure..................................................................................................... 44
Comprehensive Fund Overview.......................................................................... 47
General Fund....................................................................................................... 52
Interest and Sinking Fund.................................................................................... 55
Economic Development Fund.............................................................................. 58
Water and Sewer Fund........................................................................................ 60
Water and Sewer Repair Fund............................................................................ 63
Stormwater Fund................................................................................................. 66
