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Copperton council approves tentative FY2026–27 budget, sets June public hearing
Summary
Council accepted quarterly financials and approved a tentative FY2026–27 budget to be presented at a public hearing on June 17 at 6:30 p.m.; staff highlighted a $332,000 unassigned fund balance and that about 75% of town revenue comes from sales tax.
The Copperton Town Council accepted quarterly financial reports and approved a tentative fiscal-year 2026–27 budget to be presented at a public hearing on June 17 at 6:30 p.m.
Daniel, the town finance presenter, summarized the town's funds and key figures: the town's main fund holds cash and an unassigned net position the presenter highlighted for council discretion; the cemetery fund balance reflects a donation from a nearby mining company; and the town's revenue year-to-date is running below projection but historically picks up in the final quarter. Daniel said sales tax remains the town's primary revenue source.
Nathan, representing MSD staff, reminded the council that state law requires approval of a tentative (draft) budget and the setting of a public hearing before the final-adoption process. The council moved to approve the tentative budget for the July 1–June 30 fiscal year and to set the June 17 public hearing; the motion passed by voice vote.
Separately, the council moved to accept the quarterly financial statements after Daniel reviewed fund balances, revenue pacing and recommended reserves. The acceptance of the quarterly financials was recorded by motion and passed by voice vote.
Council members discussed next steps, including public notice for the hearing and follow-up materials for residents. Council also advised staff on potential items to highlight during the public hearing and agreed to circulate readable graphs comparing local monitoring and budget metrics before the hearing.
