On June 9, 2026, Town Council considered Ordinance No. 26-1288 adopting the FY 2026-2027 budget, which totals $39.26 million across the General and Utilities Funds. The budget includes a 2.95-cent property tax increase (to $0.1712 per $100 valuation), a 9% utility rate increase tied to bond covenants, and major capital priorities such as a new force main from the Lake to Henniker’s Ditch, well 15H and filtration, engineering for a water storage tank and headworks, bulkhead replacements, sanitary fish freezer, Police and Fire vehicles, and air packs for first responders. Adoption of this budget sets the financial framework and authorizes spending for a full year of infrastructure, utilities, public safety, recreation, and marketing projects, many of which will require separate procurements for design, construction, equipment, and professional services. For vendors, this is a roadmap of funded initiatives and departmental priorities—particularly in utilities, stormwater, public safety equipment, cyber/IT, parks, and tourism marketing—that will turn into RFQs, RFPs, and quotes over the coming fiscal year.

Budget also creates a capital project reserve and includes a new Cyber Communication Technology Mana...