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Idaho Falls staff recommend building FY27 budget around 3% statutory property-tax allowance
Summary
At a March work session, Idaho Falls finance staff proposed using the 3% statutorily-allowed property-tax increase as the baseline for next year's budget and holding foregone decisions until July; councilors signaled general support while staff warned some revenues (permits, impact fees) remain volatile.
Brooks, the city's assistant finance manager, told the council on Tuesday that finance is recommending the proposed FY27 budget be built around the 3% statutorily-allowed property-tax increase — roughly $1.5 million — with growth and annexation conservatively estimated and foregone decisions deferred until directors return final personnel numbers in July.
The recommendation was part of Brooks's presentation on FY24'25 performance and the city's outlook. "The 3% statutory allowable would be about $1,500,000," Brooks said during his briefing. He framed…
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