Discussion and Review of FY 2026-2027 Budget

City of Tiffin Schedule 3 Schedule of Receipts by Source and Disbursements by Function - All Governmental Funds For the Last Four Years 2025 2024 2023 2022 Receipts Property tax $ 3,944,249 $ 3,405,844 $ 3,026,082 $ 2,593,148 Tax increment financing 2,032,604 1,877,507 1,653,892 1,571,759 Commercial and industrial tax replacement 25,933 11,114 29,638 37,048 Other city tax 971,135 355,146 7,960 7,158 Licenses and permits 469,120 531,886 511,421 554,814 Use of money and property 322,350 130,668 110,972 44,570 Intergovernmental 812,205 864,996 1,109,093 1,020,983 Charges for services 199,383 105,688 190,530 75,930 Special assessments - 11,331 22,355 4,035 Miscellaneous 1,021,044 95,995 266,273 330,144 Total $ 9,798,023 $ 7,390,175 $ 6,928,216 $ 6,239,589 Disbursements Operating Public safety $ 1,384,193 $ 1,072,037 $ 807,986 $ 693,774 Public works 954,948 876,374 558,736 703,832 Culture and recreation 692,411 558,838 522,120 509,592 Community and economic development 659,006 150,774 121,360 152,925 General government 705,152 1,056,038 638,112 453,112 Debt service 2,936,249 2,702,997 2,166,350 1,992,945 Capital projects 5,122,690 1,693,260 3,892,606 3,689,809 Total $ 12,454,649 $ 8,110,318 $ 8,707,270 $ 8,195,989 46