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Council reviews preliminary 2025 budget and sets preliminary levy timeline
Summary
Staff presented a preliminary 2025 general‑fund budget showing modest revenue growth and department increases, outlined insurance and debt changes, and recommended adopting a preliminary levy at a special meeting ahead of Sept. 23.
City staff presented a preliminary 2025 general‑fund budget to the council, summarizing projected revenues, planned expenditures and a recommended schedule for setting the preliminary levy.
Staff reported an estimated general‑fund property‑tax revenue of about $376,346 for 2025 — an increase of roughly $31,149 over 2024 — and confirmed small‑cities street aid and other revenue lines. The license center (DMV) and liquor‑store contributions are budgeted to grow; street materials and department line items reflect increases tied to projected grant and aid receipts.
On expenditures, staff factored in modest payroll and benefit increases, a small increase in health‑insurance premiums, and higher workers‑comp and auto insurance costs. The presentation noted several debts that will sunset in 2025 and an anticipated net debt reduction for the city. Staff recommended placing the preliminary levy for formal action at a special meeting prior to the Sept. 23 work session to meet county deadlines.
Council members asked for time to review details; staff said the finance committee would meet and return any recommended adjustments. Staff emphasized the importance of setting the levy on the recommended timetable to comply with county filing deadlines.
