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<br />move forward with the 9.18% increase for the preliminary levy and conƟnue to research opƟons for <br />reducing the levy while reviewing capital fund plans. <br />UPCOMING BUDGET MEETINGS <br />October 14, 2025, Council Work Session <br /> Staff will present the proposed 2026 updates to the long-term capital budget plans. <br />October 28, 2025, Council Work Session <br />Staff will present the proposed 2026 uƟlity rate adjustments and budgets <br />October 28, 2025, City Council MeeƟng <br />Staff will present the 2026 long term capital budgets as revised. Requested City Council acƟon will be the <br />approval of 2026 capital levies and long-term plans. <br />December 9, 2025, City Council MeeƟng <br />The final presentaƟon of the 2026 Budget and Property Tax Levy (Truth in TaxaƟon) hearing is <br />scheduled, and staff will present a recap of the final 2026 Budget and the 2026 Property Tax Levy’s <br />impact on property tax bills. <br />RECOMMENDATION <br />Staff recommends that the Council approve ResoluƟon 25-058 <br />• Adjusting scheduled debt levy amounts for debt issues where funds on hand can be used to <br />reduce associated levy amounts. <br />• Setting Preliminary Levy at $10,570,830, an increase of 9.18% over the 2025 total levy. <br />ATTACHMENTS <br />• Presentation <br />• Public Hearing Notice <br />• Resolution 25-058 <br /> <br />22