In a recent government meeting, city officials unveiled a historic budget proposal totaling $365.4 million for fiscal year 2025, marking the first time the budget has exceeded $300 million. This represents a significant increase of 45% from the previous year's budget of $251.4 million. A substantial portion of this budget, 68%, is allocated to the Capital Improvements Program (CIP), which is designed to enhance the city's infrastructure.

The meeting highlighted that of the $294 million approved by voters for various projects, approximately $45 million has been issued to date, with more expected in the future. City officials noted that while the debt service related to these bonds is anticipated to grow, it is currently not as large as expected due to the timing of debt issuance.

The budget also includes the addition of 54 new positions across various departments, totaling an investment of $5.5 million. Notably, 30 of these positions are dedicated to water utilities, reflecting a commitment to improving essential services. Other departments receiving new positions include the police department, information technology, libraries, parks, and communications.

While the city council has decided to maintain the current property tax rate at 4.693%, residents can expect increases in water service and wastewater system rates next year. Additionally, solid waste service rates will see a 2.5% increase, in line with contractual obligations.

Overall, the proposed budget underscores the city's focus on infrastructure development and workforce expansion, aiming to meet the growing needs of the community.