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Holiday Council adopts final 2025–26 budget, sets 2025 tax rate and approves compensation schedule
Summary
The Holiday City Council on June 12 approved a set of budget measures, including a budget amendment and the final 2025–26 budget, set the certified tax rate for 2025 (no increase to property taxes), and approved a state-required compensation schedule for municipal officials.
Holiday City Council approved multiple fiscal items on June 12, adopting a budget amendment and the final fiscal 2025–26 budget, setting the 2025 tax rate and approving an elected-official compensation schedule.
The council first approved Ordinance 2025-08, a budget amendment for the fiscal year beginning July 1, 2024, after staff said the adjustments had been reviewed at the prior meeting. The motion was moved by a council member and seconded; the council then recorded roll-call votes with Council members Durham, Fotheringham, Quinn and Gray voting yes and the chair casting a yes vote, approving the amendment.
Council then set the certified tax rate for the 2025 tax year through Ordinance 2025-09. Gina, the city staff member handling finance matters, told the public the action “is just establishing the rate” and that the council did not raise property taxes this year; the rate establishes the amount of revenue that will match last year. The council approved the ordinance by roll call, with all recorded members voting yes.
The council also approved Ordinance 2025-10, a compensation schedule for elected and appointed municipal officials required by the state. Council discussion noted no changes since the last meeting; the motion passed by roll call.
Later in the meeting the body adopted the final budget for fiscal 2025–26 (Ordinance 2025-11). Speaker 4 (a council member) urged a focus on maintenance funding, warning against deferring maintenance for roads and stormwater and describing the budget document as a tool for sustaining long-term assets. Christian, the staff member who prepared the budget, was thanked by council for producing the document. The motion to adopt the final budget passed on a unanimous roll call.
What’s next: Council indicated staff will return with further budget details and that bond or capital decisions for projects such as City Hall and Spring Lane Park will be discussed later once leases and funding clarity are available.
