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The committee voted 4-0 to recommend the Fiscal Year 2027 proposed budget, based on a 5.299 millage rate and a 1.98% tax increase. The committee also voted 4-0 to cancel its July 14 meeting unless there are drastic changes to the DR-420.
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The budget recommendation now goes to the full City Council for consideration. The proposal includes a 1.98% tax increase, a reported 4.2% unadjusted annual inflation rate, and $3,303,842 in carry-forward funds. The July 14 Finance & Budget Committee meeting is expected to be canceled unless significant changes occur.
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