Fredericksburg families and small-business owners face higher costs under the proposed FY2027 General Fund budget of $141.4 million—a $4.6 million (3.3%) increase over the previous year.
City Manager Timothy J. Baroody presented this plan to City Council on March 10, 2026, describing it as a “balanced” and “responsible” approach that prioritizes public safety, schools, residents, businesses, and workforce needs amid recruitment challenges and local growth.