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City manager frames FY27 budget amid slowing inflation; staff recommend 2.7% COLA for stormwater fee
Summary
City manager briefed commissioners on national and local economy indicators and inflation since 2019 (~26%). Public works proposed a 2.7% COLA that would raise the stormwater fee from $3.75 to $3.85/month to close a projected shortfall, and commissioners discussed constrained paving funds and municipal road aid formulas.
At the March 24 commission meeting the city manager walked commissioners through national and local economic trends ahead of the FY27 budget cycle, and public‑works staff outlined a proposed small fee increase to shore up stormwater revenue.
The city manager summarized slides showing the probability of recession has declined to below 20% since its COVID spike, noted the U.S. consumer price index and that “overall inflation since 2019 is up 26%,” and highlighted local impacts in…
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