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Council adopts tentative FY2026 budget, sets Aug. 5 truth-in-taxation hearing
Summary
Council adopted the tentative FY2026 budget and set a statutorily required truth-in-taxation public hearing for Aug. 5, 2025; staff said final adoption is planned for Aug. 19 after additional review.
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Finance staff Peter presented the tentative FY2026 budget and explained that adoption of a tentative budget is a statutory requirement. He outlined the schedule for the budget process, noting a public hearing under truth-in-taxation was set for Aug. 5, 2025, and the final adoption was planned for Aug. 19. "So the key dates, of course, are tonight for statutorily required to adopt a tentative budget," Peter said.
Councilmembers thanked staff for the work and agreed there would be more detailed discussion in work sessions as the process continues. The council moved and adopted resolution 25-08 to adopt the tentative budget; roll-call votes were affirmative among present members.
