Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Finance topic
No spam. Unsubscribe anytime.
Marshall council adopts 6.59% tax levy increase, five-year CIP and 2026 budget
Summary
Council adopted a 6.59% increase in the 2026 tax levy (total $10,519,510), approved the five-year CIP for 2026–2030 and passed the 2026 budget; staff said the figures follow multiple budget work sessions and Truth in Taxation feedback.
The Marshall City Council voted to adopt the 2026 tax levy, approve the five-year Capital Improvement Plan (2026–2030) and adopt the 2026 budget.
Director of Administrative Services DJ Moberg (Speaker 10) told council that, following Truth in Taxation discussions and multiple work sessions, staff recommended a 6.59% levy increase for 2026 and reported a total levy amount of $10,519,510. He noted the five-year CIP appears in the packet with bonding and levy implications, and councilors said the plan has been discussed in prior sessions.
Council members complimented staff for the work involved in bringing the budget to this stage and noted ongoing refinement of revenues and expenditures even after adoption. The council moved to adopt the levy and then the budget; both resolutions passed.
Moberg said the CIP will continue to be reviewed at the first January meeting to finalize bonding project selections and that project lists and capital equipment purchases are detailed in the packet. He flagged a bond levy estimate included in the packet for council review early next year.
The adoption will set the fiscal framework for the city’s 2026 operations and capital work; staff said they will continue to report on budget refinements and finalize bonding plans in January.
