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Prescott council adopts FY 2026 budget and tax-expenditure limit
Summary
The City of Prescott adopted its fiscal year 2026 expenditure limitation and held the required public hearing, approving a budget that totals approximately $303.7 million and a property tax levy of $2,304,514; council set the levy without raising the tax rate.
After a public hearing on June 24, the Prescott City Council convened a special meeting and adopted Resolution No. 2025-1927 to approve the fiscal year 2026 budget expenditure limitation and the city-authorized position roster.
Deputy Finance Director Lars Johnson summarized the budget: proposed operating expenditures of $145,000,000, capital…
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