Springtown staff present draft FY2025–26 budget with $180,832 projected surplus before supplementals
City staff told council the draft FY2025–26 budget assumes a no-new-revenue tax rate and projects about $180,832 in surplus before council-approved supplementals; staff warned certified appraisal values and an upcoming utility rate study could change final numbers.
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City staff presented a draft fiscal year 2025–26 budget to the Springtown City Council on July 22 that staff said would leave a projected surplus of about $180,832 before council-authorized supplementals. The presentation assumed a "no new revenue" tax rate and used preliminary certified values that arrived shortly before the meeting.
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