Laramie Council approves FY2026 appropriations, commits $14 million of reserves to street work

The Laramie City Council on June 3 approved Resolution 2025-45, adopting appropriations for the fiscal year beginning July 1, 2025, and ending June 30, 2026, including a property tax levy of eight mills projected to raise about $2,450,000.

City Manager (name not specified) told the council the tentative budget was filed May 15 as required under Wyoming statute and made available for public inspection. “As required under Wyoming statute, I did file and prepare, with you a tentative city budget on May 15,” the manager said.

The adopted resolution formally commits unappropriated city reserves toward two council initiatives: street work and economic development. The council committed $14,000,000 in new unappropriated reserves toward a total $20,000,000 street program; councilors previously had appropriated $6,000,000 for the same program. The resolution also allocates funds for infrastructure to support housing-ready projects, the manager said.

Council members thanked staff for multiple work sessions and budget education. No public comment was offered on the hearing, and the roll-call vote was 9–0 to approve the resolution.

The budget document and the notices of public hearing were entered into the city record and published according to statutory requirements; the city manager said hard and electronic copies were available in the city clerk’s office and on the city website. Staff said the budget aligns with the council’s five-year capital improvement plans and administration goals for strategic budgeting.

Councilors can expect regular reporting as projects tied to the adopted appropriations move into design and construction phases, and staff said they would be available for follow-up questions.