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Meadow council keeps certified tax rate, approves 2026 budget with water depreciation removed
Summary
The Meadow Town Council voted to maintain its certified property tax rate and approved the town's 2026 budget as edited, removing a water depreciation line item. The fire budget will continue to pass through and a subdivision ordinance public hearing was scheduled for August.
The Meadow Town Council voted at its meeting to maintain the town's certified property tax rate and to approve the 2026 municipal budget as edited, removing a proposed water depreciation line item.
Council members said the certified tax rate will not change and that the budget they approved reflects that rate; projected property tax revenue was discussed as roughly $8,790 versus the $8,400 figure used in the draft budget. The council also noted the town's fire budget is a pass-through item that remains consistent year to year.
The budget discussion preceded a motion to maintain the certified rate. Speaker 6 moved to retain the current tax rate; Speaker 4 seconded. The motion passed on a voice vote with no roll-call tally recorded in the meeting transcript. Later, Speaker 2 moved to approve the proposed 2026 budget as edited (with the water depreciation line removed) and Speaker 3 seconded; the council approved the budget by voice vote.
Council members discussed a proposed reduction of a water depreciation line item described in the meeting as "30,000 and change," and directed staff to remove or zero that depreciation line from the budget as presented. Staff noted that final billing and state reporting adjustments would increase water sales and electric revenue within 30 days of the meeting.
The council also heard that town planning staff intend to take a subdivision ordinance to a public hearing in August; members said notices and coordination would be required for that process.
Votes at a glance
- Motion to maintain certified property tax rate: moved by Speaker 6; seconded by Speaker 4; outcome: approved by voice vote (individual votes not recorded in transcript).
- Motion to approve 2026 budget as edited (remove water depreciation): moved by Speaker 2; seconded by Speaker 3; outcome: approved by voice vote (individual votes not recorded in transcript).
Ending
Officials said they will finalize billing and necessary state filings tied to the adopted budget in the month after the meeting, and staff will coordinate public notice and scheduling for the planned August public hearing on the subdivision ordinance.
