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New Budget Year Begins Oct. 1
The City enters its Fiscal Year 2026 budget Oct. 1 with a balanced budget that focuses on capital projects and infrastructure. The total budget is $117,953,639, and retains the property tax, or millage, rate at 5.37, unchanged from the prior year. The millage rate equates to $1 in taxes for every $1,000 worth of home value. The budget includes a $19.3 million loan for capital improvement projects including water, sewer, and stormwater projects, brick streets, general street resurfacing, and sidewalks.
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