PUBLIC NOTICE IS HEREBY GIVEN that the Board of Mayor and Aldermen meeting in regular session on Monday, June 8, 2026, adopted the following titled resolution, following public hearing: 

RESOLUTION 2026-15 

A RESOLUTION TO ADOPT THE FISCAL YEAR ANNUAL OPERATING AND CAPITAL FUNDS BUDGET AND APPROPRIATE FUNDS CONTAINED THEREIN FOR THE VARIOUS GENERAL AND SPECIAL PURPOSES OF THE TOWN OF COLLIERVILLE, TENNESSEE, BEGINNING JULY 1, 2026, AND ENDING JUNE 30, 2027.

The budget was adopted in the following total amounts by fund:

                        Fund                                                      Revenues                           Expenditures

                        General Fund                                      $ 95,046,564                        $ 89,868,903

                        Water and Sewer Fund                       $ 18,589,781                          $ 18,197,733

                        State Street Aid Fund                            $ 1,781,100                            $ 1,929,951

                        Historic Preservation Fund                     $ 10,000                               $ 30,000

                        Sanitation Fund                                   $ 6,684,427                           $ 6,625,453

                        Special Drug Fund                                   $ 48,500                              $ 164,544

                        Retirement Fund                                  $ 7,535,325                           $ 5,835,000

                        OPEB Fund                                             $ 1,633,390                             $ 1,126,700

                        General Purpose School Fund       $ 127,281,872                         $ 127,281,872

                        School Federal Funds                         $ 4,427,397                            $ 4,427,397

                        School Nutrition Fund                        $ 4,105,300                            $ 4,105,300

                        School Discretionary Grants               $ 1,771,373                              $ 1,771,373

                        Capital Investment Program          $ 14,869,975                          $ 14,869,975

                        Non-Capital Projects                             $ 590,000                              $ 590,000

A copy of the full resolution and budget document may be viewed during regular business hours at Town Hall, 500 Poplar View Parkway, or at the Collierville Branch Library, 501 Poplar View Parkway.

Kristie Diamond
Town Clerk