The City Council held a study session on Tuesday, August 26, 2025, to review the 2026 proposed budget, utility rate and impact fee updates, and a proposal for the South Brighton General Improvement District (GID). The meeting began with a call to order, pledge of allegiance, and presentation of the executed contract listing for June and July. Staff presented financial updates, followed by detailed discussions on the 2026 budget, utility rates, and the GID mill levy. No formal votes were taken; council will consider adoption in October.
Call to order our study session for Tuesday, August twenty-sixth, twenty twenty-five. And I'm going to ask uh Mayor Pro Tempadilla to lead us in the Pledge of Allegiance. And to the Republic for which it stands. Um first off on our agenda, consider appointment to the district plan commission. Thank you, Mayor. Before we begin our budget session, we do have a couple of items for business, and at this time I'll ask our city clerk to present this item. Okay. Okay, thank you so much. Next, executed contract leasing for June and July. A listing. Thank you. City Manager Martinez. Thank you, Mayor. Our finance director will be up shortly to present this next item. I'm sure she'll be up here a lot. Good evening, Council, as our city manager mentioned. The uh packet or the contract listing is in your packet. We did add that additional column showing change order amounts if there is a change order applicable for the contract. Um, if there's a change or order amount of zero, that just means there was no dollar change, but it was a change to other terms, maybe timing or something else. So I'm happy to answer questions if you have any. Questions? Comments. Very cool, is all I've heard. All right. Coolest contract listing. Thank you. Fascinating. Next, um second quarter 2025 budget and or financial and budgetary update. City manager Martinez. Thank you, Mayor. So now, technically, we will officially kick off tonight's session. So just a few items about what we'll be discussing this evening. First, we're gonna start off with the Q2 2025 budget and finance update. Obviously, revenues are important, kind of drive how we budget for next year. So we're going to give you just a quick overview of how we're doing this year, how we're projected to finish, um, which will lead us into the discussion about our 2026 budget. Uh we also have two other items other than the budget to present to you this evening. Uh, we'll have our 2026 utility rate and impact fee proposal, which will follow this, and our South Brighton GID discussion. All of these things will tie together to give you a more clearer picture of what the total budget picture looks like for 2026. I'll also remind you that we do a two-year budget now, right? This is something that we implemented uh when I became the city manager, and at least according to me, I think it's working smashingly. Really does give us a better runway to plan for different things. Uh, it gives us 24 months instead of 12 months. Uh, I think the longer outlook really does help us to plan better. Plus, it takes a little bit of pressure off of the staff rather than having to do a full-on budget process annually. Having the two-year budget process allows us to um be a little more proactive with the time that our budget and innovation department has. So, with that, I will turn it over to our budget team and our finance team to present the next item. Thank you, Michael. So, this is the uh quarter second quarter financial update budget update as well. This is the same format you've seen before, so we'll go through some financial trends and I'll hand it off to Catherine to talk through the budget updates. Nope.