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City presents 2026 executive draft budget; council workshop set for Oct. 10
Summary
Deputy City Administrator Max Gagan presented the Oak Creek 2026 executive draft budget, showing a proposed 5.4% overall property tax levy increase and a 29% rise in debt service levy driven by planned borrowing for a surface transportation rehabilitation program.
Deputy City Administrator and Finance Officer Max Gagan presented the 2026 executive draft budget to the Oak Creek Common Council on Oct. 7 and invited council members and the public to a budget workshop scheduled for Oct. 10 at 8:30 a.m.
Gagan said the proposed overall property tax levy would increase 5.4% compared with 2025, with an operating-levy increase of about 3.4% and a 29% increase in the debt service levy. He told the council the debt service increase follows council direction to borrow for an enhanced surface transportation rehabilitation program — $3 million this year and $4 million in subsequent years — and this is the first year debt service payments for that…
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