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Thief River Falls council adopts 2026 budget, certifies $4.67 million tax levy and approves a slate of measures
Summary
The Thief River Falls City Council adopted the final 2026 budget and certified a $4,666,302 tax levy (a 19.36% increase), approved early redemption of 2018 electric revenue bonds, set new electric rates for 2026–2029 and approved several routine finance and administrative actions.
The Thief River Falls City Council on a voice vote adopted the city’s final 2026 budget and certified a $4,666,302 tax levy, a 19.36% increase from 2025, during its December meeting.
City staff presented the budget summary, showing general fund revenue of $11,797,766 and expenses of $11,811,766 (a planned use of reserves of $14,000). The presentation included detailed fund figures for liquor, electric, water and wastewater utilities. City Administrator Angie Philip (presented in the packet) answered council questions about how fund balances and scheduled bond payments factor into those numbers.
Why it matters: The certified levy and budget establish the city’s revenue and spending plan for 2026 and will be forwarded to the…
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