Budget Committee Meeting Minutes
The Budget Committee reviewed the draft FY 2026 budget, focusing on long-range planning objectives, including capital master planning, wage studies, and improvements to the Marshal's Office. Discussions included a proposed property tax increase in alignment with council guidance, the utilization of unreserved fund balances, and the decision not to proceed with a municipal transient room tax. The committee examined payroll benchmarking, staffing adjustments, and several capital projects, such as building replacements, the potential purchase of Our Lady of the Snows, and necessary water and sewer infrastructure upgrades, including proposed utility rate increases. Financial projections were analyzed regarding future deficits, capital funding mechanisms, and potential bond issuance strategies.