City of Leesburg Budget Workshop #3-FY27

The City of Leesburg held its FY27 Budget Workshop #3 on July 14, 2026, focusing extensively on utility rates, capital projects, pension funds, and internal service funds. The workshop included discussions on proposed 3% rate increases for water, wastewater, and solid waste services, with attention to ongoing and upcoming capital improvement projects such as water main replacements and stormwater initiatives. Pension fund statuses were reviewed, highlighting funding ratios and employer contribution strategies, including plans to increase defined contribution matches for general employees. Health insurance and workers' compensation funds were also discussed, noting rising claims and the need for increased city contributions to stabilize these funds. Fleet management was reviewed with plans to purchase 14 vehicles in FY27 and considerations for adjusting lease rates due to rising vehicle costs. The workshop concluded with a plan to include Community Redevelopment Agency (CRA) boards more inclusively in future budget discussions. No formal votes on procurement were recorded, but several budget allocations and capital project plans were detailed.