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Perry Council adopts $6.95 million FY2026-27 final budget with no property tax increase
Summary
The council approved Resolution 2026-09 adopting the FY2026-2027 final budget (general fund $6,945,817), using $209,154 in fund balance and proposing utility rate adjustments including a 15% water rate increase and modest sewer and storm increases.
Perry City Council adopted the FY2026-2027 final budget (Resolution 2026-09) at the June 25 meeting. Finance Director Shanna Johnson presented the budget figures: a general fund of $6,945,817 (an 8% increase from the prior year) with no property tax increase, and plan to utilize $209,154 of unrestricted fund balance leaving approximately 24% unrestricted. Enterprise funds were shown as water $863,159 (up 14.7%), storm drain $196,918 (up 5.6%), garbage $483,844 (up 8.5%), and sewer $1,608,296 (down 2.6%). The proposed utility adjustments included a 15% water rate increase (about $4.13 per month), a 2% sewer increase and a 2% storm drain increase; no garbage rate increase was proposed.
During discussion Council Member Blake Ostler flagged that the sewer fund's debt service coverage ratio drops to 1.03 when impact fees are excluded, cautioning reliance on continued growth. Ostler and others also clarified that water fund increases largely reflect a new well coming online and higher depreciation. Council Member Nathan Tueller moved to approve Resolution 2026-09; Council Member Toby Wright seconded. Roll call: Walker absent; Wright, Young, Ostler and Tueller voted yes, approving the resolution 4-0.
