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Breckenridge council adopts 2025–26 municipal budget, ratifies property tax revenue and raises tax rate
Summary
The Breckenridge City Council approved the fiscal year 2025–26 municipal budget, separately ratified the increased property tax revenue and adopted a 1.02893 tax rate (a 3.11% increase), after roll-call votes on related ordinances and a resolution.
The Breckenridge City Council voted to adopt the municipal budget for fiscal year 2025–26 and separately ratified the property tax revenue increase tied to that budget, then adopted a new property tax rate of 1.02893 — a 3.11% increase — during a regularly scheduled council meeting.
City staff said the budget aligns with the city’s strategic plan and combines some related goals (beautification and economic development) into a single presentation. Council members discussed the process that produced the document and confirmed the budget reflects items reviewed since March.
The council approved ordinance 2025-17 to set the municipal budget after a roll call in which Mayor Baker Sims and Commissioner Hamilton voted yes while Mayor Pro Tem Acres and Commissioner Fernandez recorded no votes; the transcript did not specify Commissioner Huntington’s vote. The council later voted to ratify property tax revenue for fiscal year 2025–26 (Resolution 2025-24) by roll call with all recorded members voting in favor. The council also adopted Ordinance 2025-15, setting the tax rate at 1.02893, with the roll call showing the members present voting aye. An additional ordinance (2025-16) amending the prior fiscal-year budget was approved during the same meeting.
City officials emphasized that state law requires a separate vote to ratify the property tax revenue increase even when the budget is adopted. The council’s discussion noted that amounts in the budget reflect strategic priorities discussed over several months and that some line items were carried over from the previous year.
Votes at a glance: - Ordinance 2025-17 (adopt municipal budget FY2025–26): Approved; roll-call excerpt shows Mayor Baker Sims — Aye; Commissioner Hamilton — Aye; Mayor Pro Tem Acres — Nay; Commissioner Fernandez — Nay; Commissioner Huntington — not specified in transcript. - Resolution 2025-24 (ratify property tax revenue for tax year 2025): Approved by roll call; recorded votes in the transcript show all present voting in favor. - Ordinance 2025-15 (set tax rate at 1.02893; 3.11% increase): Approved by roll call; recorded votes in the transcript show all present voting Aye. - Ordinance 2025-16 (amend fiscal year 2025 budget): Approved; specific roll-call detail not fully recorded in the transcript.
The council did not specify effective dates for budget line items or the detailed dollar amounts for every fund during the meeting transcript excerpts. Several members noted the budget reflects projects and staffing discussed earlier in the year. The council directed staff to continue implementing budgeted projects and to follow required state procedures for tax notices and collection.
