0:17 → 0:44(27s)
Osage Beach aldermen and staff reviewed draft fiscal year 2026 budget priorities and proposed adjustments across personnel, insurance, transportation, water, sewer and airport funds. Leaders discussed scaling back recommended merit increases and a smaller cost-of-living adjustment because the general fund is not balanced, and asked staff to present a balanced draft for review in November. The board heard staff recommendations to budget for a substantial property and liability insurance increase tied to a recent building appraisal, approved placing a developer contribution into a transportation reserve, and informally agreed to modest utility rate increases to shore up enterprise revenues.
