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Lucas City Council adopts FY2025–26 budget, cites $245,503 general-fund surplus
Summary
The Lucas City Council voted unanimously to adopt the FY2025–26 budget, which includes the de minimis tax rate of 0.255463 and a projected general-fund revenue-over-expenditures amount of $245,503. The council held a required public hearing on the tax rate with no public comments.
The Lucas City Council voted to adopt ordinance 2025-08-01021 approving the fiscal year 2025–26 budget, covering the period from Oct. 1, 2025, to Sept. 30, 2026. The motion to adopt the ordinance was made by a council member and seconded; the council carried the measure on a record vote.
City staff presented the budget as balanced for water and debt-service funds and reported a projected general-fund revenue-over-expenditures amount of $245,503. "This proposed budget includes the calculated de minimis rate of 0.255463 and proposed general fund revenue over expenditures of 245,503 and balanced budgets in the water and debt service funds," Miss Exum said during the presentation. The council made two record votes tied to this agenda item: one to adopt the budget ordinance and a separate motion to ratify the property-tax revenue increase reflected in the adopted budget.
Council members emphasized fiscal restraint in remarks after the votes and assigned no additional directives in the meeting. The ordinance takes effect according to the standard municipal procedures for adopted city ordinances; no implementation tasks or follow-up reports were specified during the meeting.
