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Board debates FY26 budget, bonding plan and elected-official pay; keeps 10% salary adjustment

2711533 · March 18, 2025
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Summary

Supervisors discussed the FY26 budget, potential bond issues, debt-service levy strategy and public reaction to proposed tax increases. The board voted to maintain a 10% adjustment for elected officials as part of the budget process.

The Black Hawk County Board of Supervisors spent an extended portion of its March 18 meeting discussing the proposed FY26 budget, potential bond sales to fund capital projects, and the public reaction to published property-tax notices.

Board members and staff discussed scenarios for issuing bonds, the countymanagerstafffive-year capital improvement program and constraints imposed by IRS rules on tax-exempt bond proceeds. A county finance staff member explained that arbitrage rules require timely spending of bond proceeds and that delays can trigger interest-rebate penalties to the federal government.

The board revie…

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