During a recent government meeting, city officials outlined the upcoming budget process, emphasizing the importance of public participation and transparency. A public hearing is scheduled for Thursday, August 1, at 10 a.m., where residents will have the opportunity to comment on the proposed maximum tax rate. This rate is crucial as it represents the highest property tax rate the city can adopt without triggering a voter election, in accordance with the state's truth in taxation requirements.
The council plans to finalize all proposed budget amendments and budget impact fiscal notes (IFCs) by 6 p.m. on Monday, August 5. This timeline is particularly significant due to the challenges of balancing the budget in a year marked by reduced funding. Council members were urged to share their budget priorities and ideas on a message board to facilitate open discussions and ensure that all perspectives are considered.
A work session is scheduled for Thursday, August 8, where council members will publicly present their proposed budget amendments. This session aims to foster collaboration and identify any overlapping proposals that could be consolidated. The council has allocated three days, from August 14 to August 16, for voting on the budget, although they may not require the full duration.
The meeting underscored the council's commitment to a transparent budget process, encouraging public engagement and thorough discussion among council members to navigate the complexities of the upcoming fiscal year.