The Warrenton Board of Aldermen unanimously approved the fiscal year 2026 budget during their meeting Dec. 16.
According to documentation provided during the meeting, the 2026 budget includes total projected revenues of $16,583,955. The revenues include water and sewer revenues of $5,839,334, which includes a four percent increase in utility rates, which was also approved at the Dec. 16 meeting. Sales tax revenues are projected at $6,043,088, which is a decrease from fiscal year 2025 due to the sunset of the half cent capital improvements sales tax. Real estate and personal property tax revenues are projected to be $738,004, which is an increase of 10 percent over projected FY 2025. Real estate and personal property tax revenues are allocated $468,815 to the general fund, while $269,189 is allocated to parks in the special revenue fund.
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The Warrenton Board of Aldermen unanimously approved the fiscal year 2026 budget during their meeting Dec. 16.
According to documentation provided during the meeting, the 2026 budget includes total projected revenues of $16,583,955. The revenues include water and sewer revenues of $5,839,334, which includes a four percent increase in utility rates, which was also approved at the Dec. 16 meeting. Sales tax revenues are projected at $6,043,088, which is a decrease from fiscal year 2025 due to the sunset of the half cent capital improvements sales tax. Real estate and personal property tax revenues are projected to be $738,004, which is an increase of 10 percent over projected FY 2025. Real estate and personal property tax revenues are allocated $468,815 to the general fund, while $269,189 is allocated to parks in the special revenue fund.
Total operating expenses are projected at $11,314,647, excluding capital expenditures and debt service obligations. This figure includes a 5.2 percent increase in wages as well as a 10 percent increase in health insurance premiums.
Capital expenditures for FY 2026 are projected at $14,185,137. This figure includes $12,043,688 for several projects funded in FY 2025, but not completed by year end. Carryover projects in the general fund total $67,500 and include: remodel of the annex dais, sealing of concrete floors at the aquatic center, construction of a sidewalk to the batting cage at the athletic fields and installation of updated park and building signage featuring the city’s new logo.
In the water and sewer fund, carryover projects total $11,976,188 and include:
New general fund capital projects include three new police vehicles at a cost of $225,000, repairs to the wall beneath the employee parking lot at a cost of $35,000 and a new camera and audio system for the city hall annex for $75,000. Park improvements include $100,000 for lake repairs at the pool park, $31,300 for work at Binkley Woods Park and $60,000 for a new grounds and maintenance van.
New transportation fund improvements include:
The water and sewer fund also includes a new capital item consisting of a sludge wagon at a cost of $70,850.
