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Interlaken council approves tentative FY2026 budget; proposes 15% county tax increase and council stipends

3207827 · May 6, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Interlaken Town Council approved a tentative fiscal year 2026 budget that includes a proposed 15% Wasatch County tax increase to bolster road reserves, a full-year effect of a previously approved water rate increase, new stipends for some council positions and a $70,000 water master plan study.

The Interlaken Town Council approved a tentative fiscal year 2026 budget Tuesday that proposes a 15% increase in Wasatch County property-tax revenue for the town to shore up road reserves, continues the full-year effect of a water-rate increase and includes a proposed ordinance to pay stipends to some council members.

The tentative budget, presented by town staff, would raise Wasatch County tax revenue from roughly $200,000 to about $230,000, generating an estimated additional $30,000 that the council intends to place into a transportation (road) reserve fund. Council members also included a $70,000 line for a water master plan and retained the full-year effect of a previously approved water-rate increase as a revenue source.

The tentative budget matters because Interlaken’s leaders said the town faces recurring, high-cost needs for road maintenance and water-system upgrades — liabilities that councilors described as the town’s core assets. With several costly repairs in recent years, council members said building reserves now reduces the likelihood of a large special assessment later.

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