City of Columbia to vote on 2026 fiscal year budget Monday amid revenue concerns
Marie Moyer
COLUMBIA, Mo. (KMIZ)
The City of Columbia’s 2026 fiscal year budget is expected to be finalized and passed on Monday, following months of planning and public hearings.
According to city documents, the total budget sits at around $560 million in total revenue and around $544 million in operations. There are also around $64 million in expected Capital Improvement Projects. According to previous reporting, Capital Improvement projects often fluctuate between budgets due to large one-year purchases.
In the General Fund for daily operations, the costs are in the red, with revenue expected to be around $132 million and expenses expected to be around $135 million. This came after expected tax revenue fell by around 3% last year. City plans also expect the budget to dip into the city’s available cash.
Major changes in the budget include utilities, expected to see around 12% increase in funds, around $200 thousand, and capital seeing an almost 127% increase, around $1 million. Intragovernment costs also saw a decrease of around 20%, around $2 million.
General fund changes by departments stayed relatively similar from 2025. However, supporting activities, which manage community relations and facility management, are expected to have a 9% decrease, approximately $500,000.
Monday’s City Council Meeting is scheduled to begin at 7 p.m.