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Committee adopts 2026 proposed budget and sets levy at $53.13 million
Summary
The Financial Affairs Committee adopted the proposed 2026 city budget and set the tax levy at $53,127,153, a 2% increase over the 2025 levy; the adoption followed earlier committee amendments including the yard‑waste subscription direction.
The Financial Affairs Committee adopted the proposed 2026 budget during its Oct. 21 meeting and set the 2026 property tax levy at $53,127,153, which the committee recorded as a 2% increase from the 2025 levy.
Committee discussion included amendments earlier in the meeting (notably the yard‑waste subscription program direction). The chair moved adoption of the proposed 2026 budget with the levy set at $53,127,153; the motion was seconded by Alder Phillips and approved by committee vote. The committee recorded the final vote as 6 to 1, with Alder Morgan voting against the adoption.
Committee members and city staff confirmed scheduling for the next steps in the budget process: a public hearing on the budget will occur the following Tuesday and final budget adoption is scheduled for the Common Council meeting on Nov. 18. Staff said they will carry through the committee’s directions (including CIP updates, SMA signings, and program changes) into the final documents presented to council.
