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County presents 2026 budget overview, cites reserve target and lost marijuana sales tax revenue
Summary
Budget presenter Mike Summer told the council the proposed 2026 budget preserves a 10% general-fund reserve, includes 2% merit and 2% cost-of-living increases for employees, and omits adult-use marijuana sales tax revenue after a state Supreme Court ruling that may require refunds of previously collected amounts.
Mike Summer, presenting an overview of the St. Charles County proposed 2026 budget, told the council the administration achieved the goal of a 10% general-fund reserve in the plan on the table and described key revenue and expense items.
Summer noted the county's general fund is heavily sales-tax driven and that the budget includes a 2% merit increase and a 2% cost-of-living adjustment for employees. He also said contribution rates for police retirement will increase by 1 percentage point (from 12.5% to 13.5%) and…
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