Tag: Budget
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Herron showed some of the strongest budget understanding on the governing body, but most of that work happened outside the public discussion.โฃโฃDuring his comments, Herron said he had asked staff a lot of tough questions, particularly about reserves and risk management. His concern was whether Lenexa had enough financial safeguards in place to use some…
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๐๐๐ซ๐ค ๐๐ก๐๐ซ๐ฅ๐ญ๐จ๐ง, ๐๐๐ซ๐ ๐ ๐๐/๐๐, ๐-โฃ
Charlton had the strongest performance during the FY2027 budget hearing. He did more than state whether he supported the budget. He picked up a specific concern raised by a resident and asked staff to address it publicly.โฃโฃThe issue was Lenexaโs reserves. A resident argued that the city could move reserves from roughly 38% toward its…
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The annual budget hearing is one of the biggest meetings of the year. It is where the governing body decides how much the city will spend, how much property tax revenue it will collect, whether to exceed the revenue-neutral rate, and what financial priorities will shape the year ahead.โฃโฃBecause of that, the public should be…
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Tuesday, September 1 | 7:00 p.m.โฃLenexa City Hall โ Community ForumโฃโฃThis weekโs Lenexa City Council agenda is a short one, but it includes one of the biggest votes of the year: adoption of the FY2027 budget.โฃโฃThe Council will hold two public hearings Tuesday night: one on exceeding the Revenue Neutral Rate and one on the…
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๐๐ฎ๐๐ฌ๐๐๐ฒ ๐ข๐ฌ ๐ญ๐ก๐ ๐๐ข๐ง๐๐ฅ ๐๐ฎ๐๐ ๐๐ญ ๐ก๐๐๐ซ๐ข๐ง๐ ๐๐ง๐ ๐ฏ๐จ๐ญ๐. ๐๐ ๐ฒ๐จ๐ฎ ๐ฐ๐๐ง๐ญ ๐๐ข๐ญ๐ฒ ๐๐จ๐ฎ๐ง๐๐ข๐ฅ ๐ญ๐จ ๐ญ๐๐ค๐ ๐จ๐ง๐ ๐ฆ๐จ๐ซ๐ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ $๐.๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐๐จ๐ฏ๐ ๐ซ๐๐ฏ๐๐ง๐ฎ๐ ๐ง๐๐ฎ๐ญ๐ซ๐๐ฅ, ๐ก๐๐ซ๐โ๐ฌ ๐ ๐๐จ๐ฉ๐ฒ/๐ฉ๐๐ฌ๐ญ๐ ๐๐ฆ๐๐ข๐ฅ ๐ฒ๐จ๐ฎ ๐๐๐ง ๐ฎ๐ฌ๐, ๐๐๐ข๐ญ ๐จ๐ซ ๐ฆ๐๐ค๐ ๐ฒ๐จ๐ฎ๐ซ ๐จ๐ฐ๐ง.โฃโฃSubject: FY2027 Budget and Revenue Neutral RateโฃโฃDear Mayor Sayers and City Council,โฃโฃBefore voting on the FY2027 budget Tuesday, I…
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Lenexaโs proposed 2027 budget reflects a financially strong city. Reserves are healthy, the City maintains strong credit ratings and major investments are planned for roads, stormwater, public safety and parks. But the documents also raise questions residents may want answered before the budget is adopted. Questions Residents Might Ask The public hearing on the proposed…
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๐๐๐๐๐๐๐๐: Residents can comment on the FY2027 budget tonight at the Lenexa City Council meeting. Not sure what to say? Take a look at our questions below!โฃโฃThe latest FY2027 budget update includes 12 pages of citizen questions and responses from City staff in this weeks City Council packet.โฃโฃThe City addressed conservative budgeting, years of favorable…
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๐ LENEXA CITY COUNCIL โ TUESDAY, AUGUST 18 There is a lot on Tuesday nightโs City Council agenda. Weโre leaving the FY2027 budget out of this post because that deserves its own discussion. Looking through everything else, here are the items we think deserve the most attention and the questions we still have. 1. City…
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One of the themes that appears throughout Lenexa’s proposed 2027 budget is a conservative approach to revenue estimation.โฃโฃCities should avoid budget shortfalls, maintain healthy reserves, and be prepared for economic uncertainty. Conservative budgeting has helped Lenexa remain in a strong financial position.โฃโฃBut a budget has another job, too. It helps elected officials decide how much…
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One of the themes that appears throughout Lenexa’s proposed 2027 budget is a conservative approach to revenue estimation.โฃ Cities should avoid budget shortfalls, maintain healthy reserves, and be prepared for economic uncertainty. Conservative budgeting has helped Lenexa remain in a strong financial position.โฃ But a budget has another job, too. It helps elected officials decide…
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๐๐ก๐ ๐๐ฎ๐๐ ๐๐ญ ๐๐๐๐ฉ๐ฌ ๐๐ข๐ฌ๐ฌ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฆ๐ ๐๐ข๐ซ๐๐๐ญ๐ข๐จ๐งโฃ Every budget is an estimate. Revenue can come in higher than expected. Projects can be delayed. Departments may spend less than planned.โฃ ๐๐ก๐๐ญ ๐ฌ๐ญ๐๐ง๐๐ฌ ๐จ๐ฎ๐ญ ๐ข๐ง ๐๐๐ง๐๐ฑ๐ ๐ข๐ฌ ๐ญ๐ก๐๐ญ ๐ญ๐ก๐ ๐๐ฎ๐๐ ๐๐ญ ๐ค๐๐๐ฉ๐ฌ ๐ฆ๐ข๐ฌ๐ฌ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ ๐๐ข๐ซ๐๐๐ญ๐ข๐จ๐ง.โฃ Over the last several years, the City has consistently finished…
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Community Improvement Districts (CIDs) and Tax Increment Financing (TIF) districts were created to encourage redevelopment, improve infrastructure and help make projects financially feasible that might not otherwise happen.โฃ That makes sense for aging shopping centers, vacant land or areas in need of revitalization.โฃ But many of Lenexa’s incentive districts are located in busy commercial corridors,…
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๐๐ก๐๐ซ๐ ๐๐จ๐๐ฌ ๐ญ๐ก๐ ๐๐จ๐ง๐๐ฒ ๐๐จ? When a city finishes the year with stronger financial results than expected, that money doesn’t necessarily stay in reserves. In Lenexa, a significant portion ultimately helps fund long-term capital projects. The City’s 2026โ2030 Capital Improvement Program (CIP) includes approximately $273.3 million across 61 projects, with about $81.4 million coming from…
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๐๐จ ๐๐๐ฑ๐๐ญ๐ข๐จ๐ง ๐๐ข๐ญ๐ก๐จ๐ฎ๐ญ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐งโฃโฃIf someone asked you yesterday to point out every Community Improvement District (CID) and Tax Increment Financing (TIF) district in Lenexaโฆ could you?โฃโฃThat’s why this map matters.โฃโฃEvery highlighted area represents a public financing tool that has shaped development in our city. Many are places we shop, eat, stay or drive by every…
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Lenexa frequently highlights its repeated mill-levy reductions. That is accurateโฆ but a lower tax rate does not automatically mean a lower tax bill. A mill levy is the tax rate applied to a propertyโs assessed value. When property values rise faster than the mill levy falls, the City can lower the rate and still collect…
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What Changed in the 2027 Budget? Before we get into the deeper questions, it helps to understand the basic structure of Lenexaโs proposed 2027 budget. The City expects to begin the year with about $99.8 million in available fund balances, collect approximately $175.4 million in revenue and spend about $178.9 million. That would leave roughly…
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๐๐ก๐ ๐๐ข๐ญ๐ฒโ๐ฌ ๐๐๐ฌ๐ฉ๐จ๐ง๐ฌ๐๐ฌ ๐ญ๐จ ๐๐ฎ๐๐ ๐๐ญ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌโฃโฃAs part of reviewing the proposed 2027 budget, several questions were submitted to City staff regarding reserves, debt, revenue assumptions, growth, and long-term financial planning.โฃโฃThe Cityโs responses provided some helpful context and in other case evade answering some questions directly. A few themes stood out.โฃ.. these are broad overviews that…
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๐๐ก๐ ๐๐จ๐ฌ๐ญ ๐๐ฆ๐ฉ๐จ๐ซ๐ญ๐๐ง๐ญ ๐๐ข๐ญ๐ฒ ๐๐จ๐๐ฎ๐ฆ๐๐ง๐ญ ๐๐จ๐ฎ ๐๐ซ๐จ๐๐๐๐ฅ๐ฒ ๐๐๐ฏ๐๐งโ๐ญ ๐๐๐๐โฃโฃโฃโฃLenexaโs proposed 2027 budget is nearly 180 pages long. Most residents have likely never read the whole thing. But the budget is more than a stack of numbers. It shows what the City expects to collect, what it plans to spend, how much it intends to keep…
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Lenexa’s Committee of the Whole (COW) meetings are typically not recorded. A Lenexa resident sent an email in requesting for an exception to this. At the next Committee of the Whole meeting (June 23rd) the conversation will cover the 2027 budget. According to City Manager Beccy Yocham, the June 23 meeting will not be available…