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10.c 2026 Budget Calendar Staff Report Date of Meeting: May 20, 2025 For: Honorable Mayor and Council From: Kyle Morell, City Administrator Subject: 2026 Budget Calendar Attached is the meeting schedule for the 2026 budget process. The process starts with Capital Improvement Committee meetings in the spring and summer as in past years. The calendar outlines the meetings when the budget will be presented for review and notes specific deadlines for submittal to the county. Any date in blue is scheduled as an extra meeting date, if needed. The council will see the first draft of the budget during their August work session. Preliminary budget information is due to the county by September 30. Our Truth-In-Taxation hearing is scheduled for Wednesday, December 3, and our final budget and levy amounts are due to the county by Monday, December 29. This year, I would like to ask the Council for direction when preparing the budget. I would appreciate it if the Council provided guidelines for the budget preparation, whether it is a limit on the dollar amount increase in the levy, a maximum percentage increase to the levy, or a specific tax rate to remain under. This will help staff prepare a budget more aligned with the Council’s vision rather than one that may require significant modifications. Attachments: 2026 Budget Calendar 2026 Budget/ Capital Improvement Plan Calendar May 2025 Dates (2025) Action Tuesday, May 20 Council reviews & approves draft budget calendar (regular meeting) Wednesday, May 28 June, TBD July, TBD Capital Improvement Committee meetings July Staff prepares the draft budget. Wednesday, August 6 City Council budget workshop (regular work session meeting) Wednesday, August 20 City Council budget workshop (special meeting) Wednesday, August 27 City Council budget workshop (special meeting) Friday, September 1 Notification of levy limit received Wednesday, September 3 City Council budget workshop (regular work session meeting) Tuesday, September 16 Regular Council meeting to adopt proposed budget by resolution and certify proposed levy to county auditor; set date for public meeting on levy and budget Tuesday, September 30 Last date to certify proposed (maximum) tax levy to the county auditor October 1 (approximate) Include information on the proposed budget in the City newsletter Wednesday, October 1 City Council budget workshop (regular work session) Tuesday, October 14 City Council budget workshop (special meeting) November Washington County mails property tax statements. Wednesday, November 5 City Council budget workshop (regular work session meeting) Wednesday, December 3 Tuesday, December 9 Truth-In-Taxation budget hearing City Council budget workshop (special meeting) Tuesday, December 16 Adopt final property tax levy and budget (last regular Council meeting of 2025) Monday, December 29 Last date to certify the final tax levy to the county auditor January, 2026 Publish the summary budget in the newspaper