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Michiana council approves 2025–26 budget on first reading, approves routine finance motions
Summary
On May 9 the Village of Michiana approved the 2025–26 budget on first reading (4–0), voted to roll over a maturing CD if the rate stays above 3.5%, and approved a $48,560.77 check register and the April minutes.
The Village of Michiana Council approved the 2025–26 budget on first reading at its May 9 meeting by a roll‑call vote of 4‑0.
Treasurer Tracey McCay presented the budget and noted that residents may view the full budget by appointment in the treasurer's office. The council conducted the roll call and approved the measure on first reading; the transcript records the vote as four yes and zero no votes.
On routine finance business, the council voted to roll over a maturing certificate of deposit so long as the renewal rate exceeded a 3.5% floor. Tim McCarthy moved the rollover motion and Brian Cassidy seconded; the motion passed. The council also approved the April minutes and accepted the check register totaling $48,560.77 after motions from Mike Botelho with a second from Mike Mumper.
Taken together, the votes keep near‑term Village finances on the previously discussed course and authorize a conditional CD renewal pending market rates; no substantive budget amendments were made at the meeting.
