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Commission adopts final FY2026 millage and budget; city sets 4.9‑mill rate, up 4.22% over rollback
Summary
The commission adopted the final fiscal year 2026 millage rate of 4.9 mills—4.22% higher than the rollback rate—and approved the FY2026 budget as presented; staff said the increase funds operations and rising costs and that available FY25 appropriations will be used to obligate certain contracts before year end.
The Stewart City Commission adopted the final millage rate and fiscal year 2026 budget during a second public hearing on Sept. 22. The commission set a 4.9‑mill property tax rate, which staff said is 4.22% above the computed rollback rate of 4.7014 mills. Commissioners voted 5‑0 to adopt the millage (Resolution 96‑2025) and to adopt the final budgets for…
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