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Council reviews FY2026 draft budget; staff to phase wayfinding project using sustainability funds

2221304 · February 5, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council discussed the draft FY2026 budget, including a proposed decrease in the city levy and a phased approach to a previously discussed wayfinding project funded from sustainability-designated franchise fees.

City staff and councilors discussed the draft fiscal year 2026 budget at length, focusing on the property-tax levy and how to fund a planned wayfinding project.

Staff said the draft budget reflects about a $0.10 decrease in the city levy in a non-reassessment year, which should mean lower city property-tax obligations for residents if other taxing authorities’ levies remain unchanged. Councilors debated reserve balances and cautioned against using reserves to lower the levy in ways that simply defer costs.

Council members spent substantial…

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