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Martin's Additions council introduces FY26 budget, flags ARPA and interest effects; tax rate unchanged

Village of Martin's Additions Council · March 27, 2025
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Summary

Treasurer reported the village about $600,000 ahead year‑to‑date but cautioned that ARPA funds and higher interest income materially affect the baseline; the council voted to introduce the FY26 budget and a tax‑rate resolution (unchanged) to begin the public‑notice process.

The Martin's Additions council introduced the fiscal year 2026 budget after a treasury update showing the village is currently about $600,000 'in the black' for the year, driven in part by one‑time ARPA allocations and elevated interest income.

Treasurer Jeff said the recurring baseline is weaker once one‑time 'sweeteners'…

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