By the Numbers

“Where are our tax dollars being spent?” or “How much do we actually raise?”

As your commissioner, I will answer that question by highlighting our accomplishments and how city funding is working for the residents of Red Bank.

That begins here with a breakdown of our 2027 General Fund budget and revenues. If you have any questions, more info can be found at redbanktn.gov

FY27 Proposed Budget for General Fund

Our annual expenses for the city’s general fund fall into four main categories that total to $12.83 million.

Operations:
Equipment and supplies, training, contract services, utilities

Personnel:
Salaries, benefits, personnel taxes

Debt Service:
Cost of our principal and interest payments for existing debt

Capital (NEW) Expense:
New capital improvements expenses, facilities and maintenance costs

FY27 Proposed General Fund Revenue

The general fund revenue represents most of the city’s revenue. Other funds can be found on Red Bank’s website.

Local Taxes include:
Property and Utilities Taxes; Court Costs

Local Commercial Taxes include:
Local Sales, Drink, Beer, Liquor, Minimum Business, Gross Receipts, and Franchise Taxes

State Taxes include:
Sales, Betting, Beer Taxes; Gas Inspection Fees

Other Sources include:
Permits License Fees, Interest Earning, Supplemental Revenues, and City Court Revenues

Capital Improvement Plan

The 5-year plan outlines essential city spending by department instead of spot requests that can unexpectedly shift budgets or pull from the general fund. This chart shows that roadmap with 2027 allocations included.

City plan dated May 14, 2026Debt serviceCapital Paid in FY27

Payments on existing city loans$522,827

Road and sidewalk projects underwayUnder contract. Red Bank pays 20% of the cost.

Accessibility (ADA) upgrades on Dayton BlvdState project #130774. Expected done in FY27
$72,500
Lullwater Bridge replacementState project #130563. Expected done in FY29
$84,000
Bicycle boulevard (federal clean-air program)State project #135374. Paid from the State Street Aid Fund, not the General Fund. Expected done in FY27
State funds

Road and sidewalk projects plannedNot under contract yet. Red Bank would pay 20% of the cost.

Sidewalk groupings, FY28Total cost $3,125,000. Red Bank’s share is $625,000, paid over 10 years at 4% interest.
Not in FY27
Ashmore Ave repair, FY29Total cost $1,185,000. Red Bank’s share is $237,000, paid over 5 years at 4% interest.
Not in FY27
Easton Ave sidewalks, FY29Total cost $1,244,000. Red Bank’s share is $232,000, paid over 5 years at 4% interest.
Not in FY27

Vehicles and equipmentPurchases over $50,000, each paid over 5 years at 4% interest

FY27Police: 5 fully equipped patrol cars. Fire: 1 half-ton vehicle. $435,000 total.
$97,712
FY28Police: in-car cameras. Fire: hose truck. Public Works: skid steer loader and utility truck. $485,000 total.
Not in FY27
FY29Police: 1 patrol car. Fire: firefighter protective gear. Public Works: 3 trucks (2 for the street department, 1 for the city fleet). $445,000 total.
Not in FY27
FY30Police: 4 patrol cars. Public Works: dump truck. $480,000 total.
Not in FY27
FY31Police: 3 patrol cars. Fire: 3/4-ton truck. $295,000 total.
Not in FY27

Building maintenance and repairsEvery year$75,000

Public Works and parks projects plannedNot under contract yet

Public Works facility, full design$150,000, split across 3 city funds
Not in FY27Half from General Fund
Public Works facility, construction in FY30$3,000,000, paid over 20 years at 4% interest, split across 3 city funds
Not in FY27Half from General Fund
North Red Bank Park (Hixson), Phase 1Opening the park, matched by a $125,000 grant from Hamilton County’s Leaning Into Communities (LIC) program
$125,000City and grant split 50/50
North Red Bank Park (Hixson), Phase 2$1,000,000, paid over 10 years at 4% interest. Could qualify for a state parks grant in FY29
Not in FY27Half from General Fund
Former Red Bank Middle School site, Phase 1Accessible restroom and parking, utilities, temporary stage, temporary trail
$200,000
Former Red Bank Middle School site, Phase 2$2,000,000, paid over 20 years at 4% interest. Could qualify for a state parks grant in FY30
Not in FY27Half from General Fund

FY27 is the city’s 2027 budget year, July 2026 through June 2027. The right-hand column shows what Red Bank actually pays in FY27. Big purchases are paid off over several years, like a car loan, so a $435,000 order of police and fire vehicles costs the city $97,712 this year.