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Coffeyville commission adopts FY2025 budget, lowers mill levy to 26 mills
Summary
After a public hearing, the Coffeyville City Commission certified an FY2025 budget with total expenditures of $110,187,405 and an estimated mill levy of 26 mills, saying the reduction aims to spur economic development while preserving services.
The Coffeyville City Commission on a unanimous vote approved Resolution R2472 to certify the city—s fiscal year 2025 budget and set an estimated mill levy of 26 mills.
Commissioner Edwards moved to approve the resolution and Commissioner Maples seconded. City staff corrected a minor discrepancy in the paperwork before the vote: the amount of total expenditure authority to be submitted to the state was revised to $110,187,405 and the amount of ad valorem tax to be levied was listed as $1,681,529.
Commissioners and staff framed the cut to the mill levy as a deliberate measure intended to help attract residents and economic activity. One commissioner said the cut is “doable” without cutting city services and described the action as the result of several work sessions and targeted revenue measures. A member of the public raised concerns about whether lowering the mill levy might produce a future “roller-coaster” of tax increases for households on fixed incomes; commissioners said they aimed to use other revenue levers to avoid sudden reversals.
Mayor Hendricks and other commissioners credited recent staffing changes and financial reviews for making the action possible. The commission recorded aye votes by Commissioners Maples, Faulkner, Van Oster, Mayor Hendricks and Commissioner Edwards.
The resolution authorizes staff to submit corrected certification documents to the state as required by statute; commissioners said additional budget details will be presented during the formal budget hearing and in upcoming public materials.
The commission adjourned the budget item after the vote; staff said they will continue to monitor revenues and look for continued opportunities to stabilize the mill levy in future years.
