Overview
Binghamton’s 2026 adopted General Fund budget shows revenues of $77,022,929 against expenditures of $78,436,928, with transfers out of $386,000 — a gap of $1,799,999 covered from fund balance (beginning balance $1,799,999). The 2026 budget was adopted with a 0.01% increase in the residential tax rate, within the statutory tax cap, and appropriates $1,499,999 from General Fund reserves for capital projects funded in the operating budget. The 2025 adopted General Fund budget was $74,383,059 in revenues and $75,633,058 in expenditures.
Source: City of Binghamton Preliminary Official Statement, Appendix A2.
At a glance
Headline budget — General Fund, 2026 Adopted
Revenues, 2026 Adopted column — sums exactly.
| Real Property Taxes & Items | $36,108,138 |
| Non-property Tax Items | $19,958,500 |
| Departmental Income | $1,886,100 |
| Intergovernmental Charges | $644,709 |
| Interfund Revenues | $2,952,458 |
| Use of Money & Property | $1,500,420 |
| Licenses and Permits | $419,500 |
| Fines and Forfeitures | $705,500 |
| Sale of Property and Compensation for Loss | $100,000 |
| Miscellaneous | $25,000 |
| Revenues from State Sources | $11,466,800 |
| Revenues from Federal Sources | $1,255,804 |
| Total revenues, 2026 Adopted | $77,022,929 |
Expenditures, 2026 Adopted column — sums exactly.
| General Government Support | $10,332,057 |
| Public Safety | $28,686,479 |
| Health | $84,381 |
| Transportation | $2,734,863 |
| Economic Assistance and Opportunity | $355,323 |
| Culture and Recreation | $4,208,756 |
| Home and Community Services | $2,880,280 |
| Employee Benefits | $21,379,030 |
| Debt Service | $7,775,759 |
| Total expenditures, 2026 Adopted | $78,436,928 |
Balance: $77,022,929 − $78,436,928 − $386,000 transfers out = −$1,799,999, exactly offset by the $1,799,999 beginning fund balance shown in the statement.
Source: City of Binghamton Preliminary Official Statement, Appendix A2.
Elected officials
| Mayor | Jared M. Kraham |
| City Council | Hadassah Mativetsky |
| City Council | Michael Dundon |
| City Council | Robert Cavanaugh II |
| City Council | Carla Murray |
| City Council | Kinya Middleton |
| City Council | Nate Hotchkiss |
| City Council | Rebecca Rathmell |
| Comptroller | Charles Robinson |
| Treasurer | Lawrence Harris |
| City Clerk | Sarah Dinhofer |
Sources & notes
- Only source used: City of Binghamton, Preliminary Official Statement dated March 19, 2026 (Fiscal Advisors), Appendix A2 — General Fund, Revenues, Expenditures and Changes in Fund Balance — Budget and Actual. Official Statement.
- Sum checks: revenues exact ($77,022,929); expenditures exact ($78,436,928); balance exact ($77,022,929 − $78,436,928 − $386,000 = −$1,799,999).
- What is not claimed: no all-funds total is shown (budget book not retrieved); the appendix is unaudited; the roughly $111 million mayoral proposal is not used.
- Jurisdiction palette: No verified New York jurisdiction palette was on file, so this page uses the neutral Hometown Numbers dark-glass theme rather than a jurisdiction color.