Changes to HOT Fund – remove $28,000 for duplicated budget allocation of the additional touch screen kiosk. 2026 Bond Issuance August 25 – bids due & City Council approves ordinance authorizing bonds September 23 – closing & delivery of project funds October 13 – award of Pat Hallisey Park construction contract & SWWRF Expansion CMAR Section 4B Corporation, at their August 3, 2026 meeting adopted an amended interlocal agreement. This finalized the 4B’s commitment to fund the 2026 CO is

Staff Report & Agenda Item Details

Changes to HOT Fund – remove $28,000 for duplicated budget allocation of the additional touch screen kiosk. 2026 Bond Issuance August 25 – bids due & City Council approves ordinance authorizing bonds September 23 – closing & delivery of project funds October 13 – award of Pat Hallisey Park construction contract & SWWRF Expansion CMAR Section 4B Corporation, at their August 3, 2026 meeting adopted an amended interlocal agreement. This finalized the 4B’s commitment to fund the 2026 CO issuance for Pat Hallisey Park debt service payments, annual M&O for Pat Hallisey Park and Lobit Park while setting funding parameters sufficient for such. They also adopted the FY2027 corporation budget. Budget Schedule • August 25 – Council Budget Workshop #3 – optional for outstanding questions • August 25 – Public Hearing and first reading of FY2027 budget ordinance • September 8 – Second (final) reading of FY2027 budget ordinance & adopt property tax rate • September 20 – Deadline to adopt FY2027 budget • September 20 – Preferred deadline to adopt property tax rate for statements to be mailed within first week of October • September 29 – Deadline to adopt property tax rate