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City administrator presents 2025 annual report highlighting $35.4 million in planned projects and continued infrastructure work
Summary
City Administrator delivered the 2025 annual report, reviewing revenues and expenditures, development activity, blight-removal progress, DNR wastewater requirements and a multi-year project portfolio totaling roughly $35.4 million with approximately $3 million in city funds.
City Administrator delivered the 2025 annual report to the Board of Aldermen, summarizing fiscal condition, development activity, infrastructure projects and departmental performance for 2024 and near-term priorities for 2025.
The administrator said a typical example of local tax distribution: a roughly $150,800 market home generates about $2,026 in total property taxes; about $1,644 of that (about 81%) goes to the school district while roughly $191 (about 9%) goes to the city, illustrating that property tax revenue is a relatively small portion of the municipal budget. City officials emphasized that sales taxes and franchise fees supply the majority of city operating revenue.
Key highlights from the report included: - Capital and grant activity: Staff described a project portfolio of…
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