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Monroe council adopts 2026 property tax levy and mid‑biennial budget; fleet purchase debate leaves contingency questions
Summary
Council adopted the 2026 property tax levy and the mayors mid‑biennial budget adjustments while debating four fleet‑funding alternatives. Staff estimated completed police vehicles at about $90,000 each and a year delay could add roughly $8,000 per vehicle; a council motion to reallocate contingency to fully fund vehicles failed.
Monroe City Council approved the mayors recommended mid‑biennial budget adjustments and adopted the 2026 property tax levy on Nov. 18, 2025, while engaging in extended debate about options for funding scheduled fleet vehicle replacements.
Finance staff summarized the mayors proposal to meet policy reserve targets (a 17% general fund reserve target and an 8% contingency goal) using a combination of REIT funding, contingency (about $1.7M planned usage) and budget modifications to reach a $3.7M target. The recommended package…
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