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Draft budget includes $3.5M city‑hall transfer, FAA grant work and developer costs tied to Highway 6
Summary
The draft 2025-26 budget includes a one‑time $3.5 million transfer for city hall, FAA airport projects largely covered by grants, and about $14 million in developer-driven infrastructure including a $9.5 million Highway 6 component.
City staff told the Hastings City Council at the July work session that the draft budget includes several large capital items: a one‑time $3.5 million transfer to the city’s construction fund to help pay for a new city hall, two FAA airport projects that will be about 90% reimbursed, and multiple developer projects that together total roughly $14 million.
Staff said the $3.5 million is a one-time transfer to the construction fund to move forward on the city-hall project. The presentation noted that while the city will stop certain rent payments when staff relocate to…
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