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September 9: Public hearing conducted for addiƟonal public input on the 2026 Budget and Property Tax Levy. Council approved ResoluƟon 25-058 • Adjusting scheduled debt levy amounts for debt issues where funds on hand can be used to reduce levy. • Setting Preliminary Levy at $10,570,830, an increase of 9.18% over the 2025 total levy. October 14: Council reviewed the 2026–2042 Capital Improvement Budgets during a work session and further discussed funding opƟons for Fire staffing requests and gave direcƟon to move forward with using one-Ɵme funds available from returning closed TIF funds on hand to the county to be re- distributed to all jurisdicƟons as levy relief. By using one-sixth of $900,000; $150,000 for each of the next six years, the levy increase for 2026 could be reduced to a 7.63% increase over the2025 levy. November 10: Council approved the 2026–2042 Capital Improvement Budgets at the regular meeƟng. Of the funding opƟons listed below, opƟon 3b was incorporated into the Capital Improvement levy and Council approved the Capital Improvement Plan and capital fund budgets. GENERAL FUND BUDGET AND LEVY The standard parameters used for preparing the General Fund Budget and Levy include: • City revenues budgeted at current run rates for sources that are subject to trends and conservaƟve baseline esƟmates for recurring aids and charges for services. • Expenses budgeted at amounts that will maintain present level of City services. • Liquor transfers to the General Fund based on liquor operaƟng results from the previous 5-7 years and the long-term needs of the fund. As presented at the July 22, work session, excess General Fund balance is applied for easing the transiƟon from use of one-Ɵme public safety funds by using $200,000 of general fund balance in accordance with the City’s fund balance policy to reduce the levy. When unexpected savings in 2026 second half Workers’ CompensaƟon rates were announced, this planned use of fund balance was able to be reduced to $155,000 to prevent steeper levy increases being necessary in future years. 58