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City of Lexington, Public Notice of Proposed Budget Hearing

Posted

No. 493-June 4-1 Time

PUBLIC NOTICE OF PROPOSED BUDGET HEARING

A public hearing on the proposed FY 2026/2027 Budget for the City of Lexington will be held at the City’s meeting on June 11, 2026 at 5:45 p.m. in the Lexington City Hall, 111 W. Broadway St., Lexington, Oklahoma. The hearing is open to the public and comments from the citizens will be welcomed. Copies of the proposed budgets, as follows, are available at the City Hall Office.

City of LexIngton, OKLAHOMA

Budget Summary 2026/2027

BUDGET SUMMARY

 

BEGINNING BALANCE (Estimates)

REVENUES

EXPENSES

TRANSFERS

Net Change

ENDING BALANCE

GENERAL FUND

$455,295

$765,051

$(1,386,385)

$297,526

$(323,807)

$131,488

ENTERPRISE FUND

Lexington Public Works Authority

$508,104

$3,265,442

$(2,794,439)

$(422,726)

$48,277

$556,381

SPECIAL REVENUE FUNDS

Sales Tax

$21,594

$208,222

$-

$-

$208,222

$229,816

Street and Alley

$219,894

$368,795

$(713,850)

$125,200

$(219,855)

$39

Municipal Court

$12,392

$68,542

$(11,800)

-

$56,742

$69,134

TOTAL SPECIAL REVENUE FUNDS

$253,880

$645,559

$(725,650)

$125,200

$45,109

$298,989

GRAND TOTAL ALL FUNDS

$1,217,279

$4,676,053

$(4,906,474)

-

$(230,421)

$986,858




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