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October 13, 2026 <br />Council Work Session – Capital Improvement Plan <br />Review of the Capital Improvement Plan (CIP). <br />November 10, 2026 <br />Approval of Capital Improvement Plan <br />Council approval of the 2027 CIP. <br />December 8, 2026 <br />Truth in Taxation Public Hearing and Final Adoption <br />Public hearing, presentation, and adoption of the 2027 Budget and Property Tax Levy. <br />Further detail of each of the calendar dates to be provided at the public hearing includes: <br />2026 Council Goal Setting <br />Council goals guide decision-making throughout the budget process and focus on: <br />Environmental Responsibility <br />Thriving Village <br />Informed & Engaged Community <br />Safe & Secure Community <br />Fiscal & Organizational Strength <br />Public Hearing on the Budget Calendar <br />The Budget Calendar: <br />Promotes transparency by outlining the timeline for budget development and approvals <br />Encourages public participation and stakeholder input <br />Supports Council goals of an informed and engaged community and fiscal strength <br />Sets expectations for public review and comment opportunities <br />The Mayor opens and closes the public hearing and receives public input. <br />Staff Meetings with Department Heads <br />Discussions focus on: <br />Revenues: Current year estimates and anticipated changes <br />o What will continue, end, or change <br />Expenses: Maintaining current service levels, adjusted for: <br />o Known increases or decreases <br />o New programs or purchases <br />o Union contract negotiations <br />o Cost-saving opportunities <br />Prior-year budget-to-actuals are analyzed to improve accuracy. Long-term capital needs are <br />reviewed for timing, condition, and updated cost estimates. <br />Infrastructure Improvement Schedule and Debt Levy Review <br />Review long-term Street Improvement Program with City Engineers and Public Works Director <br />Evaluate pavement and utility conditions and needs <br />Consider County improvement project timing and cost-sharing <br />Review Debt Service fund balances and payment schedules to identify opportunities to reduce <br />debt levy requirements <br />Review of Updated Property Tax Levy and General Fund Proposals