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WORKSHOP MINUTES <br />CITY COUNCIL <br />SEPTEMBER 10, 2025 <br />There was Council consensus to continue to pay $19,000 towards fireworks, and in 2026, also pay <br />50% of the NYFS contribution and use $5,000 for five $1,000 grants. <br />2026 FINAL PRELIMINARY BUDGET REVIEW <br />The Finance Director explained that Tax Increment Finance districts 7-2 and 5-1 will be decertified <br />in 2026 which changes the city's tax capacity. He reported that the partnership with another city to <br />provide building inspection services will not be moving forward in 2026. He stated that this has <br />changed the budget somewhat, but now will not increase the levy like initially expected. He <br />explained that after some changes, the preliminary levy is now proposed to be 10.14%. He <br />suggested the Council may want to consider adding additional levy funds for the future community <br />building into next year's budget since the tax capacity is reduced so much for next year. <br />There was Council consensus to add an additional $50,000 to the levy for future debt payments and <br />adopt the preliminary levy at 11.56% to allow for some extra margin until final 2026 costs are <br />determined. The Finance Director stated that this will be a not -to -exceed amount, and staff will <br />continue work on lowering the final budget. <br />There being no further business, the meeting was adjourned at 7:25 p.m. <br />Thomas Fischer, Mayor <br />Attest: <br />H idi Heller, City Clerk <br />2 <br />