Pineville sets budget hearing

Pineville sets budget hearing

By JIM BUTLER

Pineville officials propose a 2026-27 operating budget using about $500,000 of this fiscal year’s General Fund year-end balance.

A public hearing on the proposal will be held at 6:30 the evening of June 30.

Also at that gathering the City  Council will hear comments regarding amendments to the current budget (fiscal year ends that day) as well as any code amendments or modifications regarding officials’ salaries.

According to posted notice the city expects to begin the fiscal year with a General Fund carryover of $1.47 million and reach June 30, 2027 with a $920,000 balance.

Revenue is estimated at $23.95 million and expenses at $24.51 million.

Details of the spending plan are not included in the general hearing notice.

Special revenue fund estimates (rounded) are:

  • 1981 sales tax – $6.5 million;
  • Property tax – $2.1 million;
  • Economic development – $$222.5 thousand; Rapides Cemetery- $3,100; Capital revenue – $4.1 million.

Each fund is expected to have a zero balance at year’s end as dollars are channeled to dedicated uses.