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Cannon Falls council adopts preliminary 2026 levy, schedules Dec. 16 public hearing
Summary
On Sept. 16 the Cannon Falls City Council approved a resolution setting a preliminary tax levy for 2026 and scheduled a public hearing for Dec. 16; staff outlined budget priorities including ambulance funding, facility needs and capital reserves.
The City of Cannon Falls City Council on Sept. 16 approved a resolution adopting a preliminary tax levy and draft budget for taxes collectible in 2026 and set a public hearing for Dec. 16 at 6:30 p.m.
City staff framed the vote as setting a ceiling for next year’s levy while the council and staff continue to refine expenditures and project costs. “I really do believe that the city of Cannon Falls is in a really strong financial position,” a staff member said during a detailed budget presentation that preceded the vote.
Why it matters: The preliminary levy sets the maximum the council may levy next year; the final levy can be lowered but not increased. Staff presented projected fund balances, long-range capital needs and proposals intended to smooth past “roller-coaster” levy swings that resulted from sporadic large purchases.
Staff said the city holds about $14,000,000 in cash and investments, much of it reserved for projects. Outstanding principal on city debt was described as about $5,400,000, down from a…
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