Budget Highlights

The budget for Fiscal Year 2025-2026 was adopted by Town Council on May 27, 2025. 

View the full budget document.  

  • BudgetHighlights_FY26Total budget (all funds): $237,313,200
    • General Fund: $113,894,600
    • Electric Fund: $64,047,600
    • Water & Sewer Fund: $31,170,000
    • Stormwater Fund: $3,170,000 
    • Non-major & Capital Funds: $25,138,500
  • Property tax rate: $0.356 per $100 valuation
  • Garbage and recycling: residential increase of $0.35 per month. These services are contracted with GFL and increases are a pass through of contracted increases.
  • Yard waste: unchanged  
  • Electric rate: $1.50 increase in base rate increase and 4% increase in energy charge
  • Water rates: 4% increase in water base rate and volumetric rate 
  • Sewer rate: 4% increase in sewer base rate and volumetric rate  

In preparing the FY25-26 budget, Town staff followed guidance from Town Council’s strategic goals to develop a proactive budget that will balance improving current Town programs and services with developing new programs and projects.