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Economy board adopts 2026 budget; members sign acceptance
Summary
The Economy town board voted to adopt its 2026 budget after a brief hearing. The board listed line items for general operations, roads, capital improvements and noted estimated levy revenue; members were instructed to sign acceptance forms.
The Town of Economy board voted to adopt its 2026 budget during the Oct. 8 meeting after a short publicized hearing. Board members moved and seconded the measure and the chair declared the budget adopted; officials completed signing and procedural paperwork.
The board’s presented line items included a rainy-day allocation (stated in the record as $50), a general fund of $41,400, local road and streets at $4,000, motor vehicle highway $14,000, parks and recreation $1,000, a capital improvements line of $1,500 and a riverboat fund entry. The presenter gave a total of $65,950 and said estimated levy receipts were $34,859; the transcript mentions a tax-cap credit entry that reduces the net collection (transcribed roughly as about $9,000). The board did not provide a detailed roll-call tally on the floor; the chair instructed members to sign an acknowledgement sheet to document adoption.
The action concludes the formal budget adoption step required for 2026 and allows staff to proceed with posting and filing the finalized budget documents. The clerk said she would upload the documents after the meeting. No public comments objecting to the budget were recorded during the hearing.
Next steps: the board instructed members to sign the acceptance sheet and the clerk to upload the adopted budget to town records; any further budget adjustments would follow statutory procedures if needed.
