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Oakland proposes 6.7 millage and $10.2 million tentative general fund for 2025‑26
Summary
At a June 24 work session the Town of Oakland commission reviewed a proposed FY2025‑26 tentative budget that holds the millage at 6.7 and sets a $10,224,624 general fund, while staff urged caution because rising insurance and fire‑rescue costs could reduce available reserves.
The Town of Oakland commission on June 24 reviewed a tentative fiscal year 2025‑26 budget that proposes keeping the town’s millage at 6.7 and sets a general fund of $10,224,624.
Town Manager Elise (Town Manager Elise) told commissioners the budget is preliminary and depends on several pending figures, including property and liability insurance and final health‑insurance rates. "There are still a bunch of numbers that we're missing," she said, adding that an audit presentation scheduled for July 22 will finalize some figures.
Staff said property values increased about 9%, which they estimated would add roughly $500,000…
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