City Council FY26 Budget Workshop (2025-07-21)

City Council FY26 Budget Workshop Minutes July 21, 2025 Council Chambers 5:30 PM Page 1 of 2 I. CALL TO ORDER Vice Mayor Guthrie called the July 21, 2025, FY26 Budget Workshop to order at 5:33 p.m. Councilmembers in attendance: Bill Randolph and Scot French. Mayor Lowndes arrived at 5:46 p.m. Staff also in attendance: City Manager Reggentin, Assistant City Manager Lewis, City Clerk Hollingsworth, Fire Chief Morton, Police Chief Manuel, Public Works Director Tracy, and Deputy City Clerk McCurdy. II. PRESENTATION 1. FY26 GENERAL FUND BUDGET DRAFT City Manager Reggentin presented the FY26 General Fund draft budget currently with a deficit and included the following. General Fund Summary • General Fund Revenue • Ad Valorem Tax Projections • Fund Balance Impacts • Program Budgets • Staffing • Budget Recommendations • Capital Improvement Program Draft City Manager Reggentin presented the following to address the FY26 budget deficit. • Raise the millage rate from 5.0465 to 5.1790. • CRA fund allocation increase of $214,000 to the General Fund. • Stormwater fund allocation increase of $317,000 for a total of $407,000 to the General Fund. A brief discussion ensued. City Manager Reggentin answered questions posed by the City Council. The council's consensus is not to increase the millage rate, but to use the same formula associated with other funds, resulting in increased CRA

Minutes City Council FY26 Budget Workshop July 21, 2025 Page 2 of 2 and Sormwater allocations. Allowing both to fairly contribute to the shared function provided by the General Fund. City Manager Reggentin stated the next steps as: • Tuesday, July 22, 2025 @ 12 Noon: Art & History Museums of Maitland and the Maitland Public Library to present their Contribution Proposal Summaries. • Monday, July 28, 2025 @ 6:30 PM: Set the Millage Rate. • Monday, August 4, 2025 @ 5:30 PM: FY26 Budget Workshop for Stormwater, Utilities, Solid Waste, Misc. Funds and CRA funds. III. ADJOURNMENT Thereupon, the FY26 Budget Workshop adjourned at 7:24 p.m.