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Freeport manager outlines $1.3M reserve use for capital, trims vehicle and staffing plans

Freeport Finance Committee · November 11, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City Manager Boyer told the finance committee the 2026 budget will use about $1.3 million in reserves for capital projects (salt-shed replacement, tuckpointing, city yard upgrades), narrows insurance increases to 6.9% from a projected 16.1%, and removes a lobbyist contract while adding a grant writer; roughly $3 million of adjustments were cited

City Manager Boyer told the finance committee that the proposed 2026 budget incorporates a lower Equalized Assessed Value and several targeted changes to limit property-tax growth while funding needed capital work.

Boyer said the city plans to use $1,300,000 in fund reserves for capital investments, including replacing aging salt sheds, tuckpointing at City Hall and upgrades to the city yard. "We're seeking to use 1,300,000 in fund reserves to pay for capital investments such as replacing the salt shed, doing tuck pointing at city hall, and upgrading or working on the city yard's…

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