Council ratified the FY2026–27 budget and adopted a tax rate of 0.340940 per $100 (equal to last year’s rate); staff explained the rate is unchanged but rising property valuations will increase some taxpayers’ bills; final budget adoption steps and public hearing dates were announced.

City staff told council the city is running ahead of budget this year on sales tax and projects a conservative FY27 plan that assumes 1% sales tax growth, 6% property tax base growth and a $33 million bond issuance to finish major water and sewer projects; staff warned of planned utility rate increases and a projected 3% COLA for employees.

Council approves tight budget timeline with workshops scheduled before August tax rate adoption.