FY 2026 Budget Preview and Revenue Pressures
Summary
The city previewed its upcoming budget, which includes a proposed two-penny property tax rate increase, utility rate bumps, and a 3% cost-of-living adjustment for employees to offset rising costs like electricity and insurance.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Jun 16, 2026.
Impact analysis
Property taxes will increase by about 2 cents per $100 valuation, and water/sewer bills will see moderate percentage increases.
City employees receive a 3% cost-of-living adjustment, and municipal operations maintain core service levels.
Residents and business owners face higher property tax bills and increased utility costs.
Mentions & discussions (2)
City Council — June 16, 2026
The city previewed its upcoming budget, which includes a proposed two-penny property tax rate increase, utility rate bumps, and a 3% cost-of-living adjustment for employees to offset rising costs like electricity and insurance.
City Council — June 3, 2025
City staff presented the upcoming budget outlook, highlighting revenue challenges from state property tax exemptions for disabled veterans and growing operational costs.
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