Timnath
Ladera BID revises 2026 budget
Pump supply and maintenance is listed at $39,338 in the Ladera Business Improvement District’s amended 2026 General Fund budget; the adopted budget had $15,000, and actual expenses were $17,282. The amended budget lists $50,000 for developer repayment and $10,000 for miscellaneous expenses. Insurance and dues are $22,000, compared with $23,000; utility locates are $8,725, compared with $15,000; utilities are $10,950, compared with $20,000; landscape maintenance is $20,600, compared with $22,000; snow removal is $250, compared with $1,500; and treasurer’s fees are $720, compared with $627. The amended schedule lists no amount for management, contingency or emergency reserve, compared with $1,500, $500 and $1,500, respectively, in the adopted budget. Revenue estimates set property taxes at $40,900, compared with $41,806; specific ownership taxes at $2,300, compared with $2,515; and developer advances at $40,000, compared with $80,899. The amended budget adds $90,000 in sales, lodging and service revenue and $1,000 in interest and miscellaneous income. The town report says the amendment addresses expected costs above the original appropriation, primarily pump supply and maintenance and developer reimbursement. The Town Council approved the amended budget Oct. 27, 2026.
Adopted with the consent agenda (carried).