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Finance director previews 2026 revenue outlook, proposes slight mill-levy decrease
Summary
City finance staff presented a 2026 revenue preview showing about $26 million in general-fund revenue and recommended a small mill-levy reduction; the official county revenue-neutral rate will be provided June 13.
City finance staff presented a high-level preview of the proposed 2026 revenue picture and recommended a modest reduction in the city mill levy to preserve services while reflecting assessed-value changes.
The finance director told the council the general fund’s main revenue sources for the proposed 2026 budget are sales tax (about 54%), property tax (about 28%) and community-center receipts (about 7%). Staff estimated roughly $26 million in…
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