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Tax Levy & Impact <br />The following table shows the proposed 2026 levy and change from prior year. <br /> <br /> <br />2025 <br />2026 <br />Proposed Levy $ Change % Change <br />General Fund Levy 5,588,958 6,300,000 711,042 12.72% <br />Debt Service Levy 3,251,728 3,417,785 166,057 5.11% <br />Capital Levies 1,243,333 1,780,000 536,667 43.16% <br />Infrastructure Reserve Levy 93,333 400,000 306,667 <br /> <br />City Center CIP Levy 50,000 50,000 0 <br />Park CIP Levy 100,000 0 - 100,000 <br />Ballpark Fund Levy (new) 250,000 250,000 <br />Vehicle & Equipment Levy 400,000 450,000 50,000 <br />Street Maintenance Levy 600,000 630,000 30,000 <br />TOTAL LEVY $ 10,084,019 11,497,785 1,413,766 14.02% <br /> <br />The Median Home Value increased slightly this year; from $581,700 for tax year 2025 to $585,800 for tax <br />year 2026. The proposed levy would have a tax impact of an additional $179 per year or less than $15 per <br />month. <br /> <br /> 2025 2026 <br />Proposed <br />Median Value Home 581,700 585,800 <br />Tax Rate <br />26.84% (final 2025) 1,616 <br />29.57% (est. 2026 - proposed) 1,795 <br />$179 increase <br /> <br /> <br />More information is available within the report and appendices of the attached 2026 budget book. <br /> <br />RECOMMENDED MOTION <br /> <br />Motion to Approve Resolution 2025-084 Setting the 2026 Property Tax Levy and Adopting Various 2026 <br />Budgets <br /> <br />ATTACHMENTS <br />1) 2026 Budgets & Tax Levies book <br />2) Resolution 2025 - 084