SUBJECT:
Title
PUBLIC HEARING: A Resolution of the Town Council of the Town of Erie Adopting the 2026 Budget
Department
DEPARTMENT: Finance
Presenter
PRESENTER(S): Sara Hancock, Finance Director
Cassie Bethune, Budget & Fiscal Manager
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Time
TIME ESTIMATE: 40 minutes
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For time estimate: please put 0 for Consent items.
Fiscal
FISCAL SUMMARY:
N/A
Policy
POLICY ISSUES:
The Town Council must approve the budget for the Town each year in accordance with both the Home Rule Charter and State law.
Recommendation
STAFF RECOMMENDATION:
Conduct the Public Hearing and approve the 2026 Budget.
Body
SUMMARY/KEY POINTS
* The budget provides funding for all Town of Erie programs, services, capital projects, and initiatives in 2026.
* The budget reflects revenue in all funds totaling about $144 million, and expenditures in all funds totaling about $393 million, offset by debt issuances for major utilities and public facilities. A link to the online version of the Proposed 2025 Budget can be found here: https://town-erie-co-cleardoc.cleargov.com/20144/769681/d.
* Town Code specifies the Town Manager shall cause a proposed budget to be prepared and submitted to the Town Council annually and be responsible for the administration of the budget after its adoption.
* Through this agenda item, staff asks Council to conduct the 2nd Public Hearing on the proposed 2026 Budget, which reflects updates based on direction from Council during the Oct.14 review and Oct. 21 1st Public Hearing, and then adopt the resolution approving the budget.
BACKGROUND OF SUBJECT MATTER:
On Oct. 15, 2025, staff sent the proposed 2026 Budget to Council for review. On Oct. 21, 2025, staff provided an overview of the proposed 2026 Budget including Budget Priorities, General Fund Summary, Revenue Projections, Operating Expenditures, Personnel & Position Requests, Department Budget Presentations, and a high level summary of Capital Expenditures. On Oct. 28, Council he...
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