During a recent government meeting, officials discussed several key financial matters, including intergovernmental agreements, funding for special events, and a review of enterprise fund fees.

The meeting began with a review of an intergovernmental agreement that is set to expire at the end of 2025. Officials confirmed that they are currently in the third year of a three-year agreement, which includes financial obligations from all parties involved. It was suggested to maintain the current arrangements for now and revisit the agreement during next year's budget discussions.

Next on the agenda was the funding for special events. Council members considered an annual budget of $60,000, which represents a $50,000 increase from the previous year. Historically, funding for these events has come from the tourism fund, but this year, the general fund will cover the entire amount. The council is expected to present this funding proposal in October.

Additionally, the meeting addressed the annual review of fees associated with the city's enterprise funds. Following a comprehensive rate study conducted in 2021 and 2022, the council agreed to review fees annually to ensure they align with operating costs, inflation, and capital needs. The proposed fee increases for the upcoming year will mirror the percentage increases from the previous year, maintaining consistency in the city's financial planning.

Overall, the discussions highlighted the city's commitment to fiscal responsibility and planning for future financial obligations while enhancing community events and services.