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Finance department presents property-tax advance request and 2026 tax estimates to council
Summary
The Department of Finance asked council to adopt a resolution requesting advances of property-tax collections and to accept estimated 2026 property-tax amounts and rates, with the estimated total shown to council for transmission to the county auditor.
Melanie Campbell of the Department of Finance presented two related items to council on Sept. 16: an annual resolution authorizing the city to request advances of property taxes, and a resolution accepting the property-tax amounts and rates estimated for 2026.
Campbell told council the estimate for 2026 property-tax collections is $20,380,000 and said the resolutions, if approved, would be sent to the county auditor to facilitate next year’s property-tax collections.
Councilman Sarantu asked for an update on an outstanding matter with the state auditor’s office; Campbell said the city had not received the state audit release at the time of the meeting.
No formal vote was recorded during this agenda-review meeting; the items were presented and the chair took the recommendation to suspend procedural rules for consideration (SEP) during the meeting.
Campbell said staff would provide any further details requested by council as the items advance to a formal council meeting for action.
