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Caribou council accepts December financials, approves fire station design and contracts, and votes not to fund outside contributions
Summary
At its January meeting the Caribou City Council accepted unaudited December financials, moved $27,008.94 into a 2026 tax-relief account, adopted a code of conduct, approved fire station design documents and several contracts and collective-bargaining agreements, and voted not to fund outside contributions for 2026.
The Caribou City Council on Tuesday reviewed year-end financials, approved several administration and public-safety actions and set preliminary budget priorities for 2026.
Finance director presentation The council heard unaudited financial figures for the year ending Dec. 31, 2025. The finance presenter reported total assets of $15,072,985.72 and cash on hand of $8,031,622.44. The city collected $4,641,577.26 in December toward the 2025 tax commitment and had collected 89.3% of the 2025 commitment as of Dec. 31. The presenter noted a typographical correction to the financial notes ("2.3%, not 3.3%" was the correct year-over-year change).
Carryover transfer and acceptance of financials Councilors discussed carryover and lapsed appropriations. A motion to transfer $27,008.94 into the 2026 tax-relief fund (account 45604) passed on roll call with recorded ayes from Bagley, Kelly, Knight Fair,…
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