Mayor asks council to spend $2.75 million of saved EDIT money in cash in a proposed $142.9 million 2027 budget

What happened

Mayor Brandon Sakbun told the council the proposed 2027 city budget is about $142.9 million, up from $134.9 million in 2026 (2:23). Part of the increase is a request to spend an extra $2.75 million from EDIT (economic development income tax, a local tax saved up for development projects) so some projects are paid for in cash instead of borrowed money (3:17). The casino-revenue budget also rises about 15% (2:53), and the general fund (the city's main operating account) rises 2.25% (10:27). This is the council's second session on the 2027 budget, after the Sept. 10 public hearing (0:26).

The outcome

This was a discussion-only special meeting with no public comment (0:37); no vote was taken and the meeting adjourned after council questions (1:30:43).

Sources

Also known as: 2027 city budget · Terre Haute budget · city budget 2027 · EDIT money · casino money budget · special meeting on the budget