A city budget is more than a list of numbers. It’s a vital infrastructure that reflects the City’s priorities and determines how resources are used to provide services, support employees and invest in the community. On September 28, the Homewood City Council approved the City’s FY2027 budget.
The General Fund is approximately $77 million and supports the day-to-day services residents rely on. Sales and property taxes provide much of the revenue, while personnel costs account for approximately $42 million. The approved budget adds three police officer positions and includes investments in street paving, stormwater projects, sidewalk repairs, replacement vehicles and equipment, and other infrastructure needs throughout the City.
In addition to the revenue that supports City operations, one cent of Homewood’s sales tax is dedicated to the Homewood Board of Education. That penny is expected to generate approximately $11.5 million for Homewood City Schools this year.
This was the first budget developed under Homewood’s new council-manager form of government. City Manager Cale Smith worked with department heads to identify operational needs and priorities and presented a proposed budget to the City Council. Council members then reviewed the budget through a series of public budget hearings, asked questions and made revisions before approving the final budget.
The work does not end with this vote. The City plans to provide monthly reports on revenues and expenditures throughout the year, providing a clearer picture of the City’s financial position on a regular basis. City leadership will also continue evaluating ongoing expenses and revenues to work toward a sustainable budget that provides the services residents expect while responsibly managing the City’s resources.
View the September 28 meeting below.
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