Committee of the Whole (COW): FY26 Budget

Summary

Meeting Overview

The Lexington-Fayette Urban County Council held a committee meeting on April 29, 2025, at 1:00 PM in the Council Chamber. The meeting covered three agenda items spanning financial reporting, budget planning, and revenue policy. Two items — a Quarterly Financial Update and the FY2026 Mayor's Proposed Budget Overview — were presented as informational briefings, while a third item, the Revenue Adoption Discussion, was brought to a vote and approved. In total, one vote was taken during the meeting, two informational presentations were delivered, and no public comments were heard.

Attendance

The following 12 members were present at the Committee meeting on 2025-04-29:

• Hensley
• Lueker
• Holbrook
• Lynch
• Sabini
• Baxter
• Ellinger
• Wu
• Reynolds
• Sheehan
• Beasley
• Morton

No members were recorded as absent or late.

Votes and Decisions

The committee took one formal vote during the April 29, 2025 meeting.

• Motion: Adopt the total funds available amount for the purposes of the Council discussions of the Mayor's proposed fiscal year 2026 general fund budget. The motion was made by Ellinger. 1:33:34
• Outcome: Passed by voice vote.

No roll call vote was recorded for this motion, so individual member votes are not available. No conditions were attached to the motion.

Quarterly Financial Update

3:56

The committee received a quarterly financial update as an informational presentation covering revenue collections, budget variances, and overall financial performance for the fiscal year. The item was presented by Hensley and Lueker.

The discussion addressed the organization's financial standing through the current period, with the presentation touching on how actual revenues and expenditures compared to budgeted figures. Key topics included revenue collection trends and any notable variances from the approved budget.

No vote or formal action was taken on this item, as it was presented for informational purposes only.

*Note: Additional specific figures, variance amounts, and detailed findings from the presentation are not available in the provided source data.*

FY2026 Mayor's Proposed Budget Overview

1:02:06

The committee received a presentation on the Mayor's proposed budget for Fiscal Year 2026. Hensley led the presentation, which covered revenue growth, budget strategies, and major allocations for the upcoming fiscal year.

The presentation was informational in nature, providing committee members with an overview of the key components of the proposed budget, including how revenues are projected to grow and the strategies employed in constructing the budget. Major spending allocations were also highlighted as part of the overview.

No final decisions or votes were taken on this agenda item, as it served as an informational briefing to familiarize the committee with the FY2026 budget proposal ahead of further review and deliberation.

Revenue Adoption Discussion

1:33:34

The Committee took up Agenda Item III, a discussion on adopting the revenue number as proposed in the Mayor's budget.

Ellinger was the key speaker on this item, leading the discussion around whether the Committee would adopt the revenue figure put forward in the Mayor's budget proposal.

The item was approved by the Committee.

*Note: The available structured data for this agenda item is limited. Additional detail on specific figures discussed, any concerns raised, or the margin of approval is not available in the source materials.*