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Council hears first reading on 2026 alternative tax budget; finance director says revenues pacing well
Summary
The council received the alternative 2026 tax budget on first reading. The finance director reported healthy revenue pacing, a $231,000 retainer reconciliation refund and noted property tax increases from recent assessments; no final adoption occurred.
The council opened discussion on Resolution 2025‑24, the alternative 2026 tax budget, on first reading. The city’s new finance director, in her third week on the job, presented the tax‑budget materials and described generally conservative revenue estimates.
The finance director reported the city received a $231,000 retainer reconciliation refund from “Rita” and noted property tax revenues were increasing related to the recent reappraisal assessments. She said the city’s pacing on revenues looked favorable and that detailed questions about the tax budget could be raised during the tax‑budget agenda item at a subsequent meeting. No changes to the numbers were proposed during first reading; council will consider the budget again for adoption at a later meeting.
