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Staff outlines proposed 2026 property-tax levy; expected increase trimmed to about 4.1%
Summary
Staff reported a preliminary 5% levy printed on tax notices but said recent reductions—including about $86,000 saved on health-insurance premiums—would reduce the expected increase to roughly 4.07% (rounded to 4.1%); council was asked to provide final direction before the next meeting.
City staff asked the council for final direction on the proposed 2026 property-tax levy and the city’s draft budget, noting the council meeting on the 16th would include final documents to set the levy.
Staff recapped that the preliminary levy printed on tax notices was set at 5 percent. Because of identified reductions—chiefly a roughly $86,000 decrease tied to health-insurance-premium savings—staff said the overall tax increase is now estimated at about 4.07 percent (presented as 4.1 percent in discussion).
No formal change to the levy was adopted during the work session; staff asked whether council had last-minute changes to the proposed budget or levy before formal adoption at the next meeting.
