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Town manager reports town‑center developer outreach, budget plan keeps tax rate at $0.28
Summary
The town manager said he is pursuing investors for a town‑center public‑private partnership, McGill Associates is completing preliminary engineering, and the recommended budget keeps the property tax rate at $0.28; the ABC board raised the possibility of a capital reserve for excess receipts.
The Town Manager told the council he has met an economic development attorney and potential investors about advancing the town‑center project and expects marketing materials from Summit Marketing Group and preliminary engineering input from McGill Associates to shape permitting and design.
On the operating budget, the manager said the recommended budget was presented at a workshop and that property and liability insurance renewal added roughly $12,000–$14,000 to projected expenses; he said the town is planning to keep the property tax rate at $0.28 for the coming year.
The manager also reported on the ABC board. Samantha Todd, the board chair, presented an update and board member Brandon Olsen suggested establishing a capital reserve using excess gross receipts. The manager said the council could consider options — a capital reserve, increased transfers to the general fund, or restrictions on how much could be set aside — as a future agenda item.
Council scheduled a tentative budget year‑end closeout meeting for June 30 at 9 a.m. and discussed staff follow‑up on camera policy and public‑works inspection items identified in the budget workshop.
No formal budget adoption occurred at the meeting; the manager said a public hearing and further review are scheduled ahead of adoption.
