By GAGE WILSON
For Glasgow News 1
Park City City commissioners convened for the second time this week during a special-called meeting Thursday. The primary purpose of the meeting was to enter a closed session to discuss property and personnel matters, but the group also approved the second reading of the city’s new budget.
Before moving into official business, Mayor Larry Poteet introduced Barren County Sheriff’s Deputy Jeff Wright, now one of two patrolmen serving Park City. Wright shared his enthusiasm for the opportunity to work with both the commissioners and the local community.
While discussion on the proposed budget for fiscal year 2025–26 was minimal, several notable changes emerged. Chief among them was a projected $435,300 in general fund revenue — down sharply from the nearly $1.2 million budgeted for the current fiscal year. The decrease stems from a one-time $500,000 bond issued through the Kentucky League of Cities to support capital needs. That funding appears under the “Intergovernmental – Other” category in the 2025 budget. With that accounted for, projected revenues return to more typical levels.
Several revenue streams are expected to increase. Occupational tax income is projected to grow from $110,000 to $120,000, and net profits tax revenue is forecasted to double from $5,000 to $10,000. Revenue from ABC licenses is also expected to rise by $5,000. Meanwhile, nearly $200,000 in grant funding included in the current year’s budget is not projected for 2026.
The fire department’s budget reflects a similar return to normal. Revenues are expected to drop from $216,290 to $86,290, largely due to the absence of a $133,000 grant awarded in 2025. Core funding sources — such as county and fiscal court contributions, state aid, and city reserves — remain steady.
Planned fire department expenditures total $39,500, a modest increase from the previous year. Spending will focus on equipment, training, maintenance, fuel, and supplies. The city also raised its annual contribution to the fire truck savings account from $5,000 to $7,000.
Following unanimous approval of the budget, commissioners entered closed session for approximately 30 minutes. Upon returning to open session, the only action taken was the approval of a foreclosure on a property referred to as “Plan Z” by Commissioner Donna Scavo. The location of the property was not been disclosed.
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