During the meeting, the council discussed the preliminary budget for 2026, noting a proposed levy of $1,386,788, which marks a 7.75% increase over the previous year. The budget includes a $100,525 increase for the general fund while maintaining the Economic Development Authority (EDA) levy at $20,000 and slightly reducing debt service. The council highlighted the necessity of this increase due to rising personnel costs, health insurance, and state mandates, such as the new paid family and medical leave program.

A significant portion of the meeting was dedicated to explaining the impact of these unavoidable expenses on the budget, including the new state-administered paid family and medical leave program, which affects the city’s payroll calculations. The council also noted that while they are not considered a small employer due to the inclusion of the fire department on the payroll, this has been factored into the budget.

The council explored the possibility of using reserves to temporarily lower the levy but emphasized the need to maintain a healthy fund balance. The discussion also touched on future financial challenges, including the impact of a street reconstruction project anticipated in the 2027 budget, which will introduce new debt service obligations.

Despite the proposed increase, the council assured residents that they are committed to delivering quality services and maintaining fiscal responsibility. They aim to explore potential budget reductions before finalizing the levy in December, with a Truth in Taxation hearing scheduled for December 1st.