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McGregor council adopts FY 2026 budget, ratifies tax increase and approves investment policy
Summary
The council adopted the fiscal 2026 budget, ratified a property tax increase, approved the certified tax roll and adopted a tax rate and investment policy; the budget vote included one line-item abstention and the tax action raised $68,319 (1.49%).
The McGregor City Council on Aug. 22 adopted the fiscal year 2026 budget (Ordinance O-14-2025), ratified a property tax increase reflected in that budget, approved the certified tax roll (Ordinance O-15-2025), adopted a tax rate (Ordinance O-16-2025) and approved an investment policy in compliance with the Public Funds Investment Act (Resolution R-15-2025).
City staff presented the budget as unchanged from the prior day's draft. The budget ordinance covers the fiscal year beginning Oct. 1, 2025 and ending Sept. 30,…
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