Cadiz City Council Discusses 2026-27 Budget Priorities

Finance Committee meeting highlights rising costs for police, fire departments, and potential bank account changes.

Published on Feb. 12, 2026

Cadiz City Council's newly-formed Finance Committee met to discuss preliminary plans for the 2026-27 fiscal year budget. Key topics included shifting city funds to a bank with higher interest rates, increasing costs for police training and ammunition, and growing strain on the city and volunteer fire departments. The committee also heard first and second readings on a new Trigg County Country Ham Festival Committee ordinance and an annexation of a 15-acre property near KY 276/North Rocky Ridge Road and U.S. 68-80.

Why it matters

As Cadiz prepares its budget for the upcoming fiscal year, the Finance Committee's discussions highlight the financial pressures facing the city, particularly in public safety areas like police and fire departments. The potential bank account changes could also impact the city's revenue and savings. These budget decisions will shape Cadiz's priorities and services for residents in the coming years.

The details

The Finance Committee meeting included Public Works Director Craig Oakley, City Administrative Officer Jack Lingenfelter, Mayor Todd King, Cadiz Police Chief Tyler Thomas, and council members Todd Wallace, Susie Hendricks and Craig Stallons. Lingenfelter noted the city had a projected 2025 revenue of $4.26 million, which increased to $4.5 million in actuality. The preliminary projection for 2026-27 is $4.4 million. One key change discussed was shifting most of the city's general funds from Bank of Cadiz & Trust Company to FNB Bank, which offers a significantly higher interest rate on money market accounts. Lingenfelter and City Clerk Susan Hyde confirmed that key business would still be conducted at both banks. The committee also focused on rising costs for the police and fire departments, with Police Chief Thomas citing a 30% increase in ammunition prices and the fire department's payroll already exceeding its $17,450 budget line item.

  • The Finance Committee met on Monday night to discuss the 2026-27 fiscal year budget.
  • Prior to the finance committee meeting, the full Cadiz City Council gathered to hear first and second readings on new ordinances.

The players

Jack Lingenfelter

Cadiz City Administrative Officer.

Todd King

Mayor of Cadiz.

Tyler Thomas

Cadiz Police Chief.

Susan Hyde

Cadiz City Clerk.

Three Amigos Enterprises LLC

A company that had a 15-acre property annexed into the City of Cadiz.

Got photos? Submit your photos here. ›

What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee (Instagram)

What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.