Wyoming council advances proposed 2026 fee schedule; holds first readings on water, road and combined bond anticipation notes

The Wyoming City Council on Tuesday received the finance committee's report and advanced first readings of three bond anticipation note ordinances while setting public hearings and second readings for Oct. 20.

The finance committee's presentation, given by Jeremiah, reported no recommended changes to the city's investment policy or debt policy. The committee did recommend a change to the city's operating/financial policy to require that a minimum fund balance be maintained throughout the calendar year rather than only be established at the start of the year; council members said that change will be incorporated into the policy. The committee also reviewed the proposed fees and charges for 2026 and recommended no changes; the ordinance is scheduled for a public hearing and second reading Oct. 20.

Council held first readings of three separate ordinances authorizing bond anticipation notes in advance of long-term bond sales: not to exceed $1,500,000 for water system improvements; not to exceed $8,500,000 for road improvements (phase 2 of the city's road program, including Mount Pleasant and other streets); and a combined $10,000,000 various-purpose issuance that effectively allows the city to combine the water and road issues into a single marketing issuance. City staff explained combining the issues is intended to yield better market rates for the city by selling a single $10 million issue rather than two smaller, separate issues. Council scheduled public hearings and the second reading for those ordinances on Oct. 20.

Council approved the meeting's consent agenda by voice vote. The consent items listed on the agenda included approval of the Aug. 18, 2025, city council minutes; a resolution authorizing the city manager to enter into a contract with Swim Safe Pool Management for aquatic center management services; a resolution of support for the Mill Creek Triangle Trail feasibility study; and a resolution authorizing a then-and-now certificate. The record shows the consent agenda carried on a voice vote; specific roll-call counts were not recorded in the transcript.

Council also voted to receive the finance committee report and later approved a motion to excuse Councilman Dan Driehaus from the meeting. The meeting adjourned following routine miscellaneous reports and announcements by staff and council members.

What happens next: the council will hold public hearings and the second readings of the fee ordinance and the three bond anticipation ordinances at the Oct. 20 city council meeting; the ordinances remain at first-reading stage and no long-term bonds have been sold as of the meeting.

Votes at a glance: voice votes recorded in the meeting transcript (counts not specified): consent agenda ' approved; finance committee report ' received/approved; motion to excuse Councilman Dan Driehaus ' approved; motion to adjourn ' approved.