2025 5 6 Budget Work Session Website 1

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FY 2025-26 BUDGET OVERVIEW 
 
Looking Forward to FY 2026-27 
Looking forward to the next  fiscal year and beyond, city staff is projecting a year of continued economic 
uncertainty due to high cost of living and excessive consumer prices, elevated home mortgage rates, general 
national and global  unrest, supply chain issues, labor shortages, and less federal aid. Several issues have 
been spotlighted that will need attention in the next fiscal year and beyond including funding the balance of 
the new F ire Station #3 construction ($2,000,000), funding the new fire station’s annual operating costs 
($800,000), renovating city hall  ($4,100,000), constructing a new city hall annex ($3,200,000), further 
improving the downtown area, further improving the city parks, consider completing the SE TN Trade and 
Conference Center, resurfacing additional streets, creating a stormwater utility, and adding several new full-
time employees in the areas of I nformation Technology, Police Department, Fire Department, and Public 
Works, among other issues.   
 
The preceding information is intended to provide the City Council with a broad overview of the proposed 
FY 2025-26 budget. A budget work session will be held to review and discuss the proposed budget along 
with other opportunities to review and discuss the proposed budget during the May Work and Regular 
Sessions and the June Work and Regular Sessions before the budget ordinance is due to be approved in late 
June 2025.  
 
Respectfully submitted,  
 
Randall Dowling 
City Manager 
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