The City Council adopted a resolution calling public hearings on Sept. 2, 2025, to consider exceeding the revenue‑neutral property tax rate and to consider the fiscal year 2026 annual budget.
Nate, speaking for city staff, said the budget document accompanying the resolution sets a proposed mill levy of 26.459 mills. He said Johnson County calculated the revenue‑neutral rate at 25.142 mills. Nate told the council the total proposed budget is $261,100,000, with proposed expenditures of $173,400,000 and estimated reserve balances of $87,700,000 for 2026.
Nate said the resolution authorizes staff to publish the required public‑hearing notices and sets the maximum expenditure tax rate for notice purposes; once the city publishes that notice the council cannot increase the published budget or mill levy but may reduce them up to the point of budget adoption. A motion to adopt the resolution was made by Chelsea, seconded by Bill, and passed on a voice vote with all in favor.
The council did not change the published hearing dates; the public hearings on the mill levy and FY2026 budget are scheduled for Sept. 2, 2025. Staff will present the formal budget and the council will consider adjustments or adoption following the public hearings.