FY 2026-2027 City Budget
Summary
The new budget holds the property tax rate at $0.65 per $100 but raises water and sewer rates 4% and includes a 3.5% cost-of-living raise for city workers plus an extra 1.5% for law enforcement. Electric rate adjustments will come before the council in August.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Jul 13, 2026.
Impact analysis
The total budget is about $104.6 million; water and sewer bills will go up 4%, and the property tax rate stays flat.
City employees get raises, and residents keep the same property tax rate — though utility bills rise.
Water and sewer customers will pay 4% more starting in the new fiscal year.
Mentions & discussions (2)
City Council - Jul 13, 2026
The city's annual audit shows net position up $8.9 million and a strong water/sewer fund, but the general fund ran a $4.6 million deficit and the electric fund is temporarily negative pending a $4 million grant. The city remains in good standing with the Local Government Commission.
General - Jun 22, 2026
The new budget holds the property tax rate at $0.65 per $100 but raises water and sewer rates 4% and includes a 3.5% cost-of-living raise for city workers plus an extra 1.5% for law enforcement. Electric rate adjustments will come before the council in August.
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