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The Council reviewed a proposed 2026 municipal budget of $36.29 million, including a 3.95% municipal tax-rate increase and $4.23 million in surplus use. A $62 million decline in taxable value was projected to reduce revenues by $1.81 million across several funds.
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The budget proposal would raise the municipal portion of property taxes by about $6 per month for a home assessed at $300,000 and about $13 per month for one assessed at $600,000. The municipal tax levy would be $23.65 million, with $2.82 million directed to capital projects such as roads and the Dell Avenue project. The budget was not adopted at this meeting; introduction was scheduled for April 14, 2026, with adoption consideration scheduled for May 12, 2026.
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