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Darmstadt council adopts 2026 budget and signs off on financial and administrative updates
Summary
The Darmstadt Town Council voted 4-0 on Oct. 21 to adopt the town's 2026 budget and approved several routine finance items, including insurance renewals and changes to procurement and banking procedures. The adopted budget must be submitted to Gateway within five business days.
The Darmstadt Town Council adopted its 2026 budget at its Oct. 21 meeting, approving the spending plan by voice vote and authorizing staff to file the signed ordinance with the Gateway portal within five business days, Clerk-Treasurer Mallory Lowe said.
Lowe, the town's clerk-treasurer, told the council she had worked with town insurance agent Glen Stover (Torian) to review policies on Sept. 23; the town renewed a Selective insurance policy for $20,053 and a public-officials liability policy from Paragon for $26,300. Lowe also reported that a Centerpoint manager audited 99 accounts and credited erroneous late charges that had resulted from misapplied payments.
The council handled several routine finance items at the start of the meeting: a motion by Ray Engler to accept last month's minutes (seconded by Crystal Kahre), acceptance of the prior month's financial report (Engler; seconded by Cecil Poag) and approval of accounts payable claims (Engler; seconded by Kahre). All passed by 4-0 voice vote.
On procurement, Lowe said the state purchasing service Spendbridge will begin charging a $3,000 annual fee; because the town's purchase volume is low, staff will discontinue Spendbridge and purchase directly from suppliers such as Grainger and Office Depot. Lowe also said she has set up a TrustIndiana account for short-term investment of available town funds.
Lowe provided year-to-date figures: town receipts of $363,394 and expenditures of $222,559 ("not counting bond," as noted by staff). She also told council that 196 of 550 sewer accounts are signed up for autopay, a metric the town is tracking to improve billing efficiency.
The council directed that one of the members sign recent bank statements for internal-control purposes before they are uploaded to Gateway; Lowe said Crystal Kahre and Eric Gries have performed that review in the past. The meeting record does not specify the total dollar value of the adopted 2026 budget; that amount was not provided in the minutes.
The council adjourned after completing agenda items; Lowe attested the minutes.
