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Rockwood council adopts balanced 2026–2027 budget with 3% raises and $1,000 bonus
Summary
The Rockwood City Council approved Ordinance 1335 to adopt the July 1, 2026'June 30, 2027 annual budget. The plan includes no property tax increase, a 3% raise for full-time employees, a $1,000 Christmas bonus and four grants; council approved the measure after a brief public hearing.
The Rockwood City Council voted to adopt Ordinance 1335, the city'wide budget for July 1, 2026, through June 30, 2027, following a brief public hearing and a roll-call vote.
The adopted budget contains no property tax increase, provides a 3% raise for all full-time employees and authorizes a $1,000 Christmas bonus, and incorporates four grants. The ordinance also reflects an available $3.9 million balance in the city'held direct appropriation fund earmarked for an airport terminal grant.
Councilman Comegys moved to adopt the ordinance and Councilwoman Wilson seconded the motion. During discussion Councilwoman Wilson thanked staff and department heads for their work on the budget, saying, "I appreciate everyone's hard work on getting it put together." The council then approved the ordinance on a roll-call vote.
City leaders reviewed related financial reports earlier in the meeting, noting a recent $500,000 transfer into the state's Local Government Investment Pool (LGIP) and higher interest earnings after the transfer. Officials said the Regions bank loan referenced in the financials is expected to be paid off next month.
The budget as adopted funds regular city operations, a modest employee pay increase and contingency for the listed grants. The ordinance takes effect on the start of the fiscal year, July 1, 2026.
The council scheduled follow-up reporting on year-end results at the July meeting.
