FY 2026 Adopted Budget - Flipbook - Page 12
September 18, 2025
Honorable Mayor and City Commissioners:
I am delighted to introduce the Adopted Annual Budget for the fiscal year beginning on October 1,
2025, and ending September 30, 2026. This budget is based on my understanding of the
Commission’s top priorities and the level of service required to fulfill the community’s needs.
This document represents the culmination of the annual budget process, commencing in February
and ending with the final adoption on September 18, 2025. The budget is fully compliant with the
mandates of the City Charter, relevant Florida Statutes, the City’s Financial Policies, and is aligned
with the goals and objectives outlined in the City’s Strategic Plan.
Eustis remains a vibrant and thriving community that residents and businesses can take pride in.
The City’s fiscal health continues to be strong and stable. The Commission has exercised fiscal
restraint and implemented expenditure plans that are within the City’s available revenue streams.
Over the past several years, Eustis has consistently adopted balanced budgets, adhering to the
City’s definition of a balanced budget, wherein total recurring revenues meet or exceed total
recurring expenditures, practicing responsible financial practices.
The expenditure budget of $68,436,363 (Proposed Budget Summary, page ) includes
the acquisition of public safety vehicles, water and sewer projects, street resurfacing as
well as funding for the police and fire pensions. There are several major projects slated for FY
2025/26. The most significant projects in the FY 2025/26 budget are the replacement
fire engine, engineering for the Northshore culvert repair, building improvements at
public works, and expansion of the library, which is a multi-year project. A new facility
to house the Building Department and Fire Administration is budgeted in the Capital
Improvement Plan. The Public Utilities Department has budgeted equipment for the sewer and
water divisions, as well as repairs, upgrades and replacements for pumps, lift stations, water
lines and meters. On-going city-wide street resurfacing and sidewalk maintenance is budgeted
to preserve the existing infrastructure.
The City continues to experience steady growth, with an increase in population from 23,189 in
2020 to an estimated 24,477 as of April 1, 2025. The increase of 1,288 represents a 5.56%
growth in population. The data is prepared by the University of Florida, Bureau of Economic
and Business Research.
Figure 1:
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