HomeMy WebLinkAboutA033 - Resolution setting April 14, 2026, as the date of public hearing to consider adoption of Fiscal Year 2025/26 Adjusted Budget and Fiscal Year 2026/27 BudgetITEM #:35
DATE:03-24-26
DEPT:FIN
SUBJECT:PUBLIC HEARING TO CONSIDER ADOPTION OF FY 2025/26 ADJUSTED
BUDGET AND FY 2026/27 BUDGET
COUNCIL ACTION FORM
BACKGROUND:
State law requires a hearing to be held prior to the adoption of the current year's
adjusted budget and next year's proposed budget. The hearing must be held on or
before April 30. Staff has proposed setting April 14, 2026 as the date of public hearing
on the Adjusted Budget for FY 2025/26 and the Proposed Budget for FY 2026/27. The
hearing will take place during the regularly scheduled Council meeting.
It should be noted that under Iowa Code Chapter 384.16, the tax levy certified may be
less than, but not more than the amount estimated in the proposed budget submitted at
the final hearing, unless an additional tax levy is approved at a city election.
ALTERNATIVES:
1. Adopt a resolution establishing April 14, 2026 as the date of the final public hearing on
the Adjusted Budget for FY 2025/26 and the adoption of the Budget for FY 2026/27.
2. Delay the hearing and resolution.
CITY MANAGER'S RECOMMENDED ACTION:
Holding a public hearing is required by State law in order to proceed with the City
Manager ’s recommended budget and the modifications made by City Council.
Therefore, it is the recommendation of the City Manager that the City Council approve
Alternative No. 1, as described above.
1