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Hays City public hearing: resolution to exceed revenue-neutral rate dies; commission adopts 2026 budget at revenue-neutral rate
Summary
After public comment urging tax relief, a proposed resolution to exceed the revenue-neutral rate died for lack of motion; the commission then approved the 2026 budget adopting a revenue-neutral mill levy of 24.382, producing an estimated $194,808 cash adjustment.
The Hays City Commission on Sept. 11 conducted public hearings on the city's intent to exceed the revenue-neutral rate and on the proposed 2026 budget. A resolution to exceed the revenue-neutral rate died for lack of a motion following the public hearing; later the commission approved the 2026 budget as amended at a revenue-neutral mill levy of 24.382.
Deputy City Manager Colin Belzer explained that changes in bond timing and a lower-than-expected interest cost after issuing a temporary note created a cash carryover of $194,808, making it possible to meet the state's revenue-neutral calculation and lower the mill levy from the budget's earlier projection. "That interest payment does not need to happen, and the interest coupons line item ... can be lowered to achieve the…
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