The details
City Manager David Esquivel is projecting general fund revenues of $37.7 million and $40.6 million in expenditures with a $2.8 million deficit, according to the presentation. Esquivel is also projecting a total tax rate of $0.336365 for FY 2025-26. The reason for the deficit wasn’t explicitly mentioned during the pre-budget workshop.
Tomball will use its fund balance—essentially the city’s savings account—to cover the projected shortfall. The city’s fund balance sits at $32.3 million and is projected to have a balance of $29.4 million at the end of FY 2025-26, according to the presentation.
According to the presentation, the general fund is the largest operating fund for the city and is primarily funded through sales and property taxes. Esquivel said the fund is most impacted by changes in personnel costs.What this means
According to the presentation, the general fund is the funding source for departments, including:
- City manager’s office
- Police
- Fire
- Finance
- Human resources
- Information technology
- Community development
- Streets, parks, facilities, garage
- Community Center
- Community service officer
- Downtown bus/trolley circulator
- Expanding the historical archives program
- Special event security improvements
Stay tuned
City Council will continue to meet leading up to adopting the tax rate and budget for FY 2025-26.