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Mona City adopts tentative 2026 budget, schedules public hearing for June 24
Summary
The city adopted a tentative budget for fiscal 2026, discussed revenue adjustments and budgetline changes including burial-plot revenue, donations reclassification, increased highway and permit revenue expectations, and noted upcoming bond payments.
Mona City adopted a tentative budget for fiscal year 2026 at its meeting and set a public hearing for final adoption on June 24.
City finance staff presented changes from the current year’s budget: increased expected highway taxes and building-permit revenue, a reduction in business-license revenue because the state no longer requires local licenses, and higher class C road monies. The staff also proposed increasing burial-plot revenue after raising the city’s fees and recommended moving donations to a line-item format to comply with state requirements on municipal donations.
The finance presentation noted bond payments due next year totaling about $361,000, including a roughly $50,000 payment that will retire one water bond next year. Staff flagged that interest-earnings projections are uncertain and depend on future interest rates.
On grants and state funding, staff alerted the council to a DNR/State spreadsheet submission deadline (discussed as May 9 in the meeting) for water projects; staff said projects not on the state list could be ineligible for state funding. Staff recommended submitting projects listed in the water master plan to the state form.
Council motioned to approve the tentative budget and to set the required public hearing for June 24; the motion passed by vocal assent.
Quotes "We're in a really good spot right now because I'm exactly where we're wanting to be," the finance presenter said about the city’s fiscal position as of March 31.
The presenter also explained the change to donations: because past budgets recorded a generic “donations” line, the city must now create specific line items and limit municipal donations to organizations with a clear, citywide public purpose; for example, the county victim advocate program was retained as a line item while school-related donations were flagged as not approvable under the law.
Next steps Staff will post the tentative budget, continue work on adjustments and return for the scheduled public hearing on June 24 to consider final adoption.
