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Coffeyville commission adopts FY2026 budget at revenue-neutral rate
Summary
The Coffeyville City Commission voted to adopt the fiscal year 2026 budget without exceeding the revenue-neutral mill rate; commissioners and staff reviewed revenues, enterprise fund pressures and recent accounting changes during a public hearing.
The Coffeyville City Commission on Sept. 23 adopted the city's fiscal year 2026 budget by ordinance and confirmed it would not exceed the revenue-neutral mill rate.
Director of Finance Martin Cummings told the commission the city will keep the mill levy at the revenue-neutral rate of 25.4 mills, meaning the city itself will not increase the property tax rate this year. "We are proposing that the city not exceed revenue neutral rate this year," Cummings said, noting the commission had earlier contemplated a levy near 28 mills but would not pursue that increase.
The public hearing and staff presentation laid out an approximate citywide spending authority of $103,800,692 for 2026 and described two main drivers: changes in accounting treatment for certain reserved funds (which reduce the budget authority shown) and planned capital and personnel costs. Cummings explained the accounting change that now records some…
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