TERRE HAUTE, Ind. (WTWO/WAWV) — Mayor Brandon Sakbun has submitted the City of Terre Haute’s proposed 2026 budget to the City Council and Indiana Department of Local Government Finances.
According to a press release, the proposed 2026 operating fund revenues are projected to $127.8 million.
The city said the projected fund “reflects steady growth from 2025” and raises casino revenue from $3 million to $9.3 million.
“Terre Haute is living within its means,” said Mayor Sakbun. “We’ve put forward a responsible,
balanced budget that not only supports public safety and essential services, but also invests in
infrastructure, parks, and community amenities that improve quality of life.”
In a press release, Sakbun said, key highlights of the 2026 budget include:
- Balanced General Fund: Surplus increased from $4.3M to $4.7M in 2024 with another marginal increase in 2025, current models show the city will continue maintaining healthy reserves for the general fund.
- Public Safety Investments: Salary adjustments, including a base increase for police and fire personnel, alongside improvements in facilities and equipment.
- Infrastructure & Community Projects: Funding for the Deming Pool ($1.15M), YMCA partnership ($750,000), Neighborhood Parks Improvement Projects, and multiple paving, sidewalk, demolition projects, and building improvements.
- Fiscal Responsibility: Slower expense growth of just 1.47%, compared to a 15.45% increase in the previous year. This is a direct result of SB1, which is costing the city over $1M to the general fund in 2026.
- Modernizing Staff and Equipment: Efficiency gains will be made through improved staffing, modern equipment, and realignment within city departments.
According to the press release, the budget also anticipates future investments in long-term sewer and stormwater infrastructure.
“Our focus is on sustainability,” Sakbun added. “By strengthening reserves today and investing wisely, we’re building a more resilient Terre Haute for the next generation. The negative effects of SB1 have only just started. The city is preparing for that through a conservative approach to gaming revenue and EDIT revenue.”
The proposed budget will now move forward for consideration by the City Council.
