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Resolution · on the record since 2026

R-26-24

approved

The FY2027–FY2031 Capital Improvement Program (CIP) is a five-year capital spending plan for the City. The review process began in October 2025, when staff briefed the Planning Commission on the upcoming process.

  • May 5, 2026City Council · item 3gapproved
    Consideration and appropriation of the FY 2027 Budget, FY 2027 Schedule of Rates and Levies, FY 2027–2031 Capital Improvement Program, and establishment of Real Estate and Personal Property Tax Rates

    Resolution R-26-24 appropriating the Debt Service Fund for FY 2027 was approved unanimously.

    passedAmend the main budget motion to incorporate all changes in the Budget Adjustment Sheet (Attachment I).
    ✓ Amos✓ Bates✓ Hall✓ Hardy-Chandler✓ McQuillen✓ Peterson
    passedSet the real estate tax rate at $1.0725 per $100 of assessed value, personal property and machinery/tools tax rate at $4.13 per $100 of assessed value, and personal property tax rate for qualifying volunteer fire/rescue members at $0.01 per $100 of assessed value, all effective January 1, 2026.
    ✓ Amos✓ Bates✓ Hall✓ Hardy-Chandler✓ McQuillen✓ Peterson
    passedAdopt the FY 2027 Budget (all sub-funds), FY 2027 Schedule of Rates and Levies, FY 2027–2031 CIP, FY 2027 health benefit contribution rates, 2.0% market rate adjustment for general pay scales (July 1, 2026), 1.0% COLA for general employees (July 1, 2026), 2.0% COLA for public safety employees (July 1, 2026), 3.0% salary adjustment for eligible general scale employees (January 1, 2027), and programmed annual step increase for public safety employees.
    ✓ Amos✓ Bates✓ Hall✓ Hardy-Chandler✓ McQuillen✓ Peterson
    passedApprove appropriation resolutions R-26-16 through R-26-24 for the General, Capital, Wastewater, Transit, Stormwater Utility, Cable, Old Town, Transportation Tax, and Debt Service Funds for the fiscal year beginning July 1, 2026.
    ✓ Amos✓ Bates✓ Hall✓ Hardy-Chandler✓ McQuillen✓ Peterson
    minutesagenda
in progress

Beacon Landing is a 54-unit supportive affordable housing development co-developed by Wesley Housing and the Lamb Center, located within the city. The project drew on 23 separate financing sources and received a $700,000 gap financing investment from the city's Housing Trust Fund in February 2023 — a fund built from cash-in-lieu payments made by developers prior to the adoption of the city's Affordable Dwelling Unit ordinance in 2020.

  • May 5, 2026City Council · item 3gapproved
    Consideration and appropriation of the FY 2027 Budget, FY 2027 Schedule of Rates and Levies, FY 2027–2031 Capital Improvement Program, and establishment of Real Estate and Personal Property Tax Rates

    Resolution R-26-24 appropriating the Debt Service Fund for FY 2027 was approved unanimously.

    passedAmend the main budget motion to incorporate all changes in the Budget Adjustment Sheet (Attachment I).
    ✓ Amos✓ Bates✓ Hall✓ Hardy-Chandler✓ McQuillen✓ Peterson
    passedSet the real estate tax rate at $1.0725 per $100 of assessed value, personal property and machinery/tools tax rate at $4.13 per $100 of assessed value, and personal property tax rate for qualifying volunteer fire/rescue members at $0.01 per $100 of assessed value, all effective January 1, 2026.
    ✓ Amos✓ Bates✓ Hall✓ Hardy-Chandler✓ McQuillen✓ Peterson
    passedAdopt the FY 2027 Budget (all sub-funds), FY 2027 Schedule of Rates and Levies, FY 2027–2031 CIP, FY 2027 health benefit contribution rates, 2.0% market rate adjustment for general pay scales (July 1, 2026), 1.0% COLA for general employees (July 1, 2026), 2.0% COLA for public safety employees (July 1, 2026), 3.0% salary adjustment for eligible general scale employees (January 1, 2027), and programmed annual step increase for public safety employees.
    ✓ Amos✓ Bates✓ Hall✓ Hardy-Chandler✓ McQuillen✓ Peterson
    passedApprove appropriation resolutions R-26-16 through R-26-24 for the General, Capital, Wastewater, Transit, Stormwater Utility, Cable, Old Town, Transportation Tax, and Debt Service Funds for the fiscal year beginning July 1, 2026.
    ✓ Amos✓ Bates✓ Hall✓ Hardy-Chandler✓ McQuillen✓ Peterson
    minutesagenda