Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Royce City manager presents FY2026 budget with proposed property‑tax increase and employee COLA
Summary
City staff presented the proposed FY2026 budget that holds overall spending near current year levels but includes a $750,000 property‑tax increase (about 15% of current property‑tax revenue), a 2.5% cost‑of‑living adjustment for employees and utility fee changes tied to outside providers.
City staff presented the proposed fiscal year 2026 budget to the Royce City Council on May 6, showing a largely flat overall spending level while recommending targeted revenue increases and employee cost‑of‑living adjustments to address shortfalls.
Amber (staff) summarized enterprise, internal service, capital and general fund plans and emailed the full document to council members earlier in the day. The budget document lists a FY2026 general‑fund total of $28,522,710, “essentially the same” as the current modified year, but staff identified specific shortfalls in ambulance revenue and interest income. To address those shortfalls, the proposed budget includes an increase in…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
