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Council advances fiscal 2027 budget process, schedules public hearings in April
Summary
The Lisbon City Council approved a resolution to advance the fiscal year 2027 budget statement and set public hearings for April 13 (FY27 budget) and April 27 (budget amendment no. 2). The action moves the budget forward in the city’s formal process.
The City Council of Lisbon voted to advance the city’s fiscal year 2027 budget statement, moving the document into the next stage of the budget process and scheduling public hearings.
Staff presented the budget statement and summarized the tax-rate outline, noting a proposed change of roughly $1,248 to $1,250 per $100,000 of assessed value — an increase of about two cents that staff said keeps Lisbon below the reported state average of $1,271 per $100,000. "We're just kind of like standing right," a staff presenter said when summarizing the tax-rate figures.
Council members moved and seconded Resolution 10-2026 to approve the budget statement so the city can proceed with required steps in the budgeting calendar. The council set a public hearing on the FY27 budget for April 13, 2026, and a public hearing for budget amendment number two for April 27, 2026; motions to set the hearings were moved, seconded and carried during the meeting.
Why it matters: advancing the budget statement is a procedural but required step that allows the city to publish notices and hold formal hearings where residents can comment before final adoption. Staff said the city remains under the state average tax rate and emphasized the modest size of the proposed increase.
Next steps: the council will accept public input at the scheduled hearings before taking any final vote to adopt the budget or any amendments.
