HomeMy WebLinkAbout2027 Biennium Budget Resolution
RESOLUTION 2026-
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA,
APPROPRIATING FUNDS FOR VARIOUS BUDGET UNITS, AND FURTHER ESTIMATING
RESOURCES NECESSARY TO OPERATE AND MAINTAIN SERVICES OR MUNICIPAL GOVERNMENT
FOR THE FISCAL YEAR ENDING JUNE 30, 2027.
WHEREAS, the City Commission did, on the 28th day of May, 2026, receive the 2027
Biennium Recommended Budget; and
WHEREAS, the City Commission did, on June 2 and June 9, 2026, hold work sessions
that were open to the public to discuss the details of the Recommended Budget; and
WHEREAS, the City Commission did, on the 23rd day of June, 2026, after due and proper
legal notice, conduct a public hearing on the recommended municipal budget.
NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of Bozeman,
Montana, to wit:
Section 1
Pursuant to Section 7-6-4030(3) M.C.A., the City Commission of the City of Bozeman,
Montana, does hereby authorize and appropriate expenditures to defray the expenses or
liabilities for the fiscal year and establishes legal spending limit for the budget units in the
amounts designated herein, as follows. The City Commission further authorizes and re-
appropriates the unexpended balance of Capital Improvement Program items, outstanding
purchase orders, and other obligations, as approved by the City Manager, which were previously
budgeted and have not been completed.
Budget Unit Appropriations
General Fund $ 66,004,900
Special Revenue Funds 97,654,200
Debt Service Funds 5,271,300
Construction Funds 1,489,400
Enterprise Funds 73,709,300
Internal Service Funds 48,043,000
Permanent Funds -
Grand Total - Appropriations $ 292,172,100
The City Commission of the City of Bozeman, Montana does hereby estimate resources
for the various budget units, as follows:
Budget Unit Estimated Resources
General Fund $81,497,100
Special Revenue Funds 146,412,500
Debt Service Funds 6,713,800
Construction Funds 4,079,200
Enterprise Funds 103,467,800
Internal Service Funds 50,030,000
Permanent Funds 2,450,400
Grand Total - Estimated Resources $ 394,650,800
Section 2
Pursuant to Section 7-6-4030, M.C.A., as a result of this budget, property taxes are
estimated for homes valued at $100k, $300k, and $600k as follows:
Estimated Annual Property Tax per Household
Home Value FY26 Actual FY27 Budget
Estimated FY27 Change ($) FY27 Change (%)
$ 100,000 $ 144.94 $ 152.74 $ 7.80 5.4%
$ 300,000 $ 434.82 $ 458.23 $ 23.41 5.4%
$ 600,000 $ 999.32 $ 978.93 $ (20.39) -2.0%
The chart above reflects estimates based on Fiscal Year 2026 taxable values, which were
finalized in August 2025. These estimates will be updated in August 2026 when the Department
of Revenue releases updated assessed values for Fiscal Year 2027.
Assessed values are determined annually by the Department of Revenue pursuant to
Section 15-8-111, M.C.A. For Fiscal Year 2027, the City of Bozeman’s property tax rate is
estimated to increase by 5.4%, as measured per $100,000 of taxable value.
Section 3
That budget information contained in the "2027 Biennium Recommended Budget" and
“FY27 Recommended Annual Operating Budget” documents pertaining to Policy Direction, Fiscal
Policy, and the specific information concerning budgeting for each fund, as may be subsequently
amended prior to final adoption of the budget, are hereby adopted as reference.
Section 4
Annual appropriations and transfers out for various departments for Fiscal Year 2027 will
be controlled and monitored for budgetary compliance at the budget unit level.
Section 5
Pursuant to Sections 7-6-4006 and 7-6-4012, M.C.A., the City Commission hereby
delegates appropriation and budget amendment authority to the City Manager for the
expenditures from the following funds: debt service funds; fee-based budgets; trust funds;
federal, state, and private grants accepted and approved by the City Commission; special
assessments; monies borrowed during the year; proceeds from sale of land; and funds for gifts
or donations.
Section 6
Pursuant to Section 7-6-4030, M.C.A., this resolution, upon its passage, shall be in full
force and effect as of July 1, 2026.
Section 7
That upon this resolution becoming effective, as provided in Section 6 above, all
resolutions and parts thereof in conflict herewith are hereby repealed.
Section 8
That should it be found by any court of competent jurisdiction that any section, clause,
portion, sentence, word, or phrase of this resolution is deemed to be contrary to any existing law
or regulations, that in this instance, it is the intent of the City Commission of the City of Bozeman,
Montana, that all other portions, sections, words, clauses, phrases, or paragraphs of this
document shall remain in full force and effect.
PASSED, ADOPTED, AND APPROVED by the City Commission of the City of Bozeman,
Montana, at a regular session thereof held on the 23rd day of June, 2026.
___________________________________
JOEY MORRISON
Mayor
ATTEST:
___________________________________
MIKE MAAS
City Clerk
APPROVED AS TO FORM:
___________________________________
GREG SULLIVAN
City Attorney