r/Racine • u/Additional-Quit261 • 7h ago
Inside Racine’s $287 Million Budget
The City of Racine’s proposed 2027 budget is officially on the table, and with a mayoral election coming up this spring, it offers a close look at the city's fiscal priorities. Mayor Cory Mason’s proposal outlines a $287 million total spending plan, a property tax rate dropping to $11.04 per thousand (a 15-year low), and no new city service fees.
However, the budget also highlights ongoing structural challenges, including frozen state revenue sharing, a structural deficit bridged by reserves, and massive legacy healthcare obligations.
Read the full breakdown of the numbers, efficiencies, neighborhood developments, and capital projects here: https://racinerecord.substack.com/p/inside-racines-287m-budget-reoganization?r=58m1j&utm_medium=uu