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Council hears 2026 general fund budget: $28.35 million levy, $6.46 estimated city tax rate
Summary
City staff presented the proposed 2026 general fund budget Oct. 6, 2025. The recommended tax levy is $28,345,123 (a 7.1% increase) and staff estimated a city tax rate of $6.46 per $1,000 of assessed value; the proposal includes staffing changes, a 28% projected fund balance and higher debt service tied to a new fire station.
City staff presented the proposed 2026 general fund budget to the Common Council on Oct. 6, 2025. Jesse, the budget presenter, said the recommended overall tax levy is $28,345,123 — a 7.1% increase from the prior year — and that staff estimate a city tax rate of $6.46 per $1,000 of assessed value. That rate translates, under the assumptions presented, to an estimated city tax portion of about $1,938.28 for an average home assessed at just over $300,000.
Nut graf: The proposal preserves or improves municipal services, shows a healthy projected fund balance (28% versus a 17% minimum recommendation) and funds higher debt service principally tied to the…
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