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<br />October 14: Council reviewed the 2026–2042 Capital Improvement Budgets during a work session and <br />further discussed funding options for Fire staffing requests and gave direction to move forward with using <br />one-time funds available from returning closed TIF funds on hand to the county to be re-distributed to all <br />jurisdictions as levy relief. By using one-sixth of $900,000; $150,000 for each of the next six years, the levy <br />increase for 2026 could be reduced to a 7.63% increase over the2025 levy. <br />November 10: Council approved the 2026–2042 Capital Improvement Budgets at the regular meeting. Of <br />the funding options listed below, option 3b was incorporated into the Capital Improvement levy and <br />Council approved the Capital Improvement Plan and capital fund budgets. <br /> <br />December 9, 2025, City Council Meeting <br />The final presentation of the 2026 Budget and Property Tax Levy (Truth in Taxation) hearing is staff <br />presented a recap of the final 2026 Budget and the 2026 Property Tax Levy’s impact on property tax bills <br />• Setting the final 2026 Property Tax Levy of: <br />o General Operating Levy $7,158,845 <br />o Capital Improvement Project Levy $308,200 <br />o Debt Service Levy $1,840,953 <br />o Infrastructure Levy $721,228 <br />o Housing and Redevelopment Authority Levy $209,414 <br />o Building Improvement Levy $130,500 <br />o Park Improvement Levy $40,000 <br /> $10,409,140 <br /> <br />• Approving the final Levy at $10,409,140 an increase of 7.51% over the 2025 total levy. <br />• Approving the final 2026 General Fund Operating Budget totals of $9,715,196 <br />• Adjusting scheduled debt levy amounts for debt issues where funds on hand can be used to <br />reduce associated levy amounts. <br /> <br /> <br /> <br /> <br /> <br /> <br />4