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Council opens public hearings on four 2026 budgets; no public comment
Summary
At the Sept. 8 meeting the Speedway Town Council opened and immediately closed public hearings for four 2026 budget ordinances — town, school town, library and public transportation — after no members of the public spoke; adoption hearings were scheduled 10 days later.
Speedway — The Town of Speedway Town Council opened public hearings Sept. 8 for four first‑reading budget ordinances for 2026 and closed each hearing after no one from the public asked to speak.
Town Clerk-Treasurer Phil Faust presented an overview of the town budget materials and said the budgets were the product of multiple department heads and external advisors; he reminded the public that budget notices had been posted in August and that interested residents could sign up at budgetnotices.in.gov for notices from taxing units.
The ordinances and hearings
- Ordinance 14-13 — Approval of the 2026 budget for the civil Town of Speedway (first reading). Public hearing opened and closed with no speakers. - Ordinance 14-14 — Approval of the 2026 budget for the Speedway School Town (first reading). Public hearing opened and closed with no speakers. - Ordinance 14-15 — Approval of the 2026 budget for the Speedway Public Library (first reading). Public hearing opened and closed with no speakers. The library budget includes an anticipated HVAC overhaul noted by staff. - Ordinance 14-16 — Approval of the 2026 budget for Speedway Public Transportation (first reading). Public hearing opened and closed with no speakers; staff noted this budget showed a slight decrease compared with last year.
Why it matters
Staff emphasized that the budgets reflect the council's priorities, particularly public safety and personnel costs; Phil Faust singled out payroll increases as a main driver of the overall increase in the town's 2026 budget. Each public hearing had been noticed in August and will be followed by adoption hearings scheduled 10 days after the Sept. 8 readings.
Next steps
The council will consider final adoption of the ordinances at adoption hearings scheduled in accordance with notice requirements; any changes to the proposed budgets would be handled at those subsequent meetings.
