{"id":62936,"date":"2025-11-24T15:39:39","date_gmt":"2025-11-24T15:39:39","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/62936\/"},"modified":"2025-11-24T15:39:39","modified_gmt":"2025-11-24T15:39:39","slug":"fy-2025-2026-budget-development-information","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/62936\/","title":{"rendered":"FY 2025-2026 Budget Development Information"},"content":{"rendered":"<p><img decoding=\"async\" style=\"width: 100%; max-width: 435px; float: left; margin-right: 20px; margin-bottom: 20px;\" src=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2025\/11\/budget-2026-webpage-1.png\" alt=\"FY 2026-2025 Proposed Operating Budget\"\/>The City of Corpus Christi has begun planning for Fiscal Year 2025-2026, which starts October 1, 2025. A preliminary forecast, reviewed with City Council on April 29, shows a possible $7 million gap between projected revenues and expenses, driven by reduced property tax revenue due to increased homestead exemptions, the elimination of the street user fee, and rising service delivery costs tied to inflation and contractual obligations.\u00a0To close this gap, the City is considering a mix of\u00a0revenue increases and expense reductions. City departments began internal budget reviews in February to identify efficiencies and savings.<\/p>\n<p>View the proposed budgets below:<\/p>\n","protected":false},"excerpt":{"rendered":"The City of Corpus Christi has begun planning for Fiscal Year 2025-2026, which starts October 1, 2025. A&hellip;\n","protected":false},"author":2,"featured_media":25015,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[155,157,156],"class_list":{"0":"post-62936","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-corpus-christi","8":"tag-corpus-christi","9":"tag-corpus-christi-headlines","10":"tag-corpus-christi-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/62936","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=62936"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/62936\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/25015"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=62936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=62936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=62936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}