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Discovery Bay sets public hearing on FY 2025–26 budget and approves intent to levy Ravenswood assessment
Summary
The board set a public hearing on the fiscal-year 2025–26 budget and adopted a notice of intent to levy the Ravenswood Improvement District assessment, which reflects a CPI-based increase. The finance manager updated the budget with ad valorem receipts and a five‑year forecast.
The Discovery Bay Town Board voted to set a public hearing on the fiscal‑year 2025–26 budget and adopted a notice of intent to levy the annual assessment for the Ravenswood Improvement District.
Staff presented an updated draft budget that incorporated late ad‑valorem information, approximately $30,000 in additional revenue, adjustments to contract operations, updates to the capital improvement program and project timing, and a new five‑year forecast. The finance manager said the CIP…
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