The city council has officially adopted its comprehensive pay plan and passed the Fiscal Year 2026–2027 budget totaling roughly $3.2 million.
The Council updated the city’s pay plan which brings significant adjustments to two positions.
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ABC Administrator: Annual salary increased from roughly $37,000 to $55,000.
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Assistant City Clerk: Hourly pay raised from about $13.50 to $21.00 per hour.
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All municipal employees received a 2% raise as part of the new budgetary provisions.
Balancing out at approximately $3.1 million in general fund revenue, the upcoming fiscal year relies on a diverse revenue stream and carried-over funds.
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Tourism Revenue: Accounts for roughly $692,000.
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Parks & Recreation: Generates about $415,000.
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Fund Balance Carryforward: Approximately $534,000 rolled over.
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ABC Operations: Includes roughly $198,000 in revenue alongside a $160,000 carryover.
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Municipal Road Aid: Features combined carryover amounts totaling roughly $226,000.
- Tax rates were also approved by the Council which included a rate of 11.3 cents per $100 assessed value of real property, 11.30 cents per $100 assessed value of tangible property, & 22.5% for vehicles and watercraft
