Saratoga Springs City Council approves final budget with no tax increase for 2025-2026

Saratoga Springs City Council unanimously approved the final budget for fiscal year 2025-2026 during a recent meeting, marking a significant moment for the city as it continues its trend of no tax increases. Council members emphasized that it has been nearly 18 years since the last tax hike, with three reductions occurring in that time. This budget approval comes as the city manages growth and infrastructure improvements without burdening residents with higher property taxes.

During the public hearing, council members highlighted the importance of growth in funding city services. "Growth is what funds the ability to not raise property tax," noted one council member, stressing that local development has been crucial in maintaining financial stability. The council also discussed the successful partnership with Costco, which has contributed to the city’s revenue without requiring a share of sales tax, allowing for timely reimbursements for infrastructure improvements.

In addition to the budget, the council addressed the consolidated fee schedule, proposing to keep the filing fee for mayoral and city council candidates at a modest $50, despite the potential for much higher fees based on administrative costs. This decision reflects the council's commitment to accessibility for local candidates.

The meeting concluded with a strong sense of community support and a focus on responsible financial management, setting a positive tone for the city's future developments.