HomeMy WebLinkAboutCalendar FY 27 BudgetCITY OF REXBURG 2/18/2026
Feb 4 Wed.6:30 PM Show or email First Draft of Budget Calendar and Discuss Meeting Times
Feb 18 Wed.6:30 PM Send Capital Improvement Plan (CIP) to Dept. Heads to update for 5 years
Motion to accept Budget Calendar and Meeting Times
CIP and new position requests due by March 13
Complete workmans comp billing and post to February & roll fwd
March 4 Wed.6:30 PM Regular Council Meeting
Review and Finalize Budget Calendar if not done earlier
Set Public Hearing date (by motion) for Budget (July 15, 2026) at 6:30 PM
Notify County Clerk by April 30th of the Budget Public Hearing Date
Review City Council Drive-around date- TBD-Possibly Friday April 10th at 9 AM
Set Mayor & Council Salaries on odd years to take effect on Jan 1 of even year
Set Proposed Cost of Living Adjustment (Jan to Jan-2.73%)
Start Payroll Budgeting-22.5% increase on health recommended/review allocations
March 13 Monday 5:00 PM CIP and new position requests due from respective departments
April 2 Friday Redo forecasts using 6 months of data
Roll forecasts to Proposed Budget
Complete Payroll Budget
May 1 Wed Budget screen & printouts available for year-to-date
expenditures vs. budget as of March 31 (1st 6 months) and forecast of year end totals
April 10 Friday 9:00 AM City Council Drive Around
3:00 PM
May 6 Wed 6:30 PM Regular Council Meeting
6:30 PM Public Hearing (If Needed) For Mayor & Council Salaries
May 11-20 by appt.Departmental Meetings by appointment-See Separate Schedule
May 21-22 if necessary including Council Members, Mayor,
Financial Officer, Department Head & Foreman
May 27 Wed 9:00 AM Dept. Head review of General Fund budget- If Required
CFO and Mayor will meet with individual department Heads first
supported by the General Fund to review and
recommend capital requests to council and
balance the General Fund budget
June 3 Wed.4:30 PM
Special Budget Review Meeting for Council
Set Tentative Budget by Council Motion
6:30 PM Regular Council Meeting
June 17 Wed.4:30 PM
Special Budget Review Meeting for Council
Set date for public hearing for use of forgone dollars as part of tax levying authority
Set Tentative Budget by Council Motion
6:30 PM Regular Council Meeting
July 15 Wed.6:30 PM Regular Council Meeting
6:30 PM Public Hearing on Budget
Review Amended Budget for FY 26 and set public hearing
Advertise August 5th Public Hearing in newspaper on July 21st and 28th
1st Reading of Appropriation Ordinance
July Meet with Sugar & Teton on sewer rates
August 5 Wed.6:30 PM Regular Council Meeting
6:30 PM Public Hearing on Amended Budget
2nd Reading of Appropriation Ordinance
1st Reading of Amended Budget
August 19 Wed.6:30 PM Regular Council Meeting
6:30 PM Public Hearing on Utility Rate Increases
Approve Utility Rate Increases by resolution, if any
3rd Reading and Adoption of Appropriation Ordinance
2nd Reading of Amended Budget
Sept 2 Wed.6:30 PM Regular Council Meeting
3rd Reading and Adoption of Amended Budget
2026 BUDGET PREPARATION CALENDAR
FOR 2027 FISCAL YEAR BUDGET
Advertise July 15th 6:30 PM Public Hearing in Newspaper-7 days apart -June 23rd & 30th
Review any Utility Rate Increases and set public hearing for August 19th - Advertise on
July 28th and August 4th
PERSI rate changes to take effect in July 2027 for General, Public Safety, & School
Council Budget Work Meeting on Budget-Option 1 to meet-push to June 17 if no
conflict
Council Budget Work Meeting on Budget-Option 2-Preferred by Finance Staff
Advertise July 15th 6:30 PM Public Hearing in Newspaper-7 days apart -June 23rd & 30th