All Editions

THE NOWTHEN RECORDER

Business Directory
RecordingTranscript availableAnalysis ready123:26

July 23rd City Council Meeting

Nowthen City CouncilThursday, July 24, 2025
Watch on original source

Approval of agenda

Approval of claims for payment

2026 City Budget review and discussion

General Fund levy and fund balance utilization

Long-term bond and debt service analysis

Small city aid projections

Contingency fund planning

Departmental budget breakdown (Administration, Finance, Legal, Elections)

Full Document Analysis

Votes (2)

Approve the agenda as presented

CarriesUnanimous

Moved by Council Member Bryant · Seconded by Unnamed Council Member

Approve the claims for payment due August 12th

CarriesUnanimous

Moved by Mayor · Seconded by Council Member Rainville

Notable Quotes (3)

The city has a very healthy general fund balance, and that's why I'm proposing that you use some of your fund balance in 2026 to help keep the the levy and and property taxes a little lower.

— Jagger
General FundDiscussing 2026 budget strategy.

If we want to maintain 40, no less than 40, we can do all that. Miss Jagger will put the projections in for us.

— Mayor
Fund BalanceDiscussion on maintaining minimum fund balance.

I would be in the uh I feel the same way. Um long as we're willing to look at how do we where do we trim operating expenses before we start.

— Council Member Glazer
Budget ReductionAddressing budget growth and trimming expenses.

People (7)

JaggerFinancial Consultant

Lead presenter for the 2026 budget and financial projections.

1 quote

“The city has a very healthy general fund balance, and that's why I'm proposing that you use some of your fund balance in 2026.”

Justifying the use of fund balance to lower property tax levies.

MayorMayor

Facilitating council discussions and guiding the budget process.

Council Member BryantCouncil Member

Active participant in motions and budget oversight.

Council Member GlazerCouncil Member

Focuses on debt schedules, interest rates, and trimming operating expenses.

Council Member SwansonCouncil Member

Questions fund balance history and investment strategies.

Council Member RainvilleCouncil Member

Participated in voting and seconding motions.

MillerFire Chief

Attended the budget meeting.

Places Mentioned

Cottage Grove (referenced for financial format example)

Events & Meetings (1)

  • July 23rd
Transcript
Open transcript