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Ceresco board adopts FY 2025–2026 budget, sets tax request at 0.569938 per $100
Summary
The Village of Ceresco Board adopted Ordinance 2025-5 to approve the FY 2025–2026 annual appropriation and passed Resolution 2025-12 setting the property tax request: General Fund $258,825.51 and Bond Fund $268,446.00; the board recorded unanimous votes on both measures.
The Village of Ceresco Board of Trustees on Sept. 16 adopted its FY 2025–2026 annual appropriation and set the village's final tax request.
Chair Scott Peterson introduced Ordinance 2025-5, the annual appropriation bill approving the budget for Oct. 1, 2025–Sept. 30, 2026. The board voted unanimously to suspend the statutory rules so the ordinance could be read by title and adopted at the same meeting; the final passage vote was recorded as Yeas: Peterson, Ruble, Johnson, Burklund and Custer.
Peterson reviewed budget worksheets during the public hearing phase, including a Lid Computation showing a proposed general property tax request of $258,826.00 (rate 0.279770) and a bond tax levy of $268,446.00 (rate 0.290168), for a combined levy requirement of 0.569939 per $100 of assessed value. The village's total assessed valuation increased to $92,513,859 from $80,206,670. The Summary of All Funds listed projected revenue of $1,774,913 and proposed expenditures of $2,646,678 for the fiscal year.
The board also adopted Resolution 2025-12, formally setting the 2025–2026 property tax request at General Fund $258,825.51 and Bond Fund $268,446.00; the resolution notes the village's proposed tax rate will be 0.569938 per $100 of assessed value. The board adopted the resolution by unanimous roll-call vote.
There were no public comments during the budget or special hearings. The clerk will forward required budget and levy documents to the State Auditor and Saunders County Clerk as provided by law.
What happens next: the ordinance and resolution will be published/forwarded per statutory requirements and the budget takes effect Oct. 1, 2025.
