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New Business B.

City Council Meeting

City Manager

Meeting Date:

07/14/2025

2026 Tax Budget

Submitted By:

Jim Bell

Department:

Assistant City Manager - Finance/ED

Division:

Finance/Tax

Council Committee Review?:

Council Work Session

Date(s) of Committee Review:

07/08/2025

Audio-Visual Needs:

None

Legal Review:

Not Needed

Emergency Legislation?:

Motion/Ordinance/
Resolution No.:

2025-R-7585

Agenda Item Description or Legislation Title

A Resolution Adopting A Preliminary Tax Budget For Revenues Of The City Of Huber Heights, Ohio For The Period Beginning January 1, 2026 And Ending December 31, 2026.
(first reading)

Purpose and Background

This legislation is a formality to adopt the 2026 Tax Budget. The resolution is to adopt the Tax Budget for Fiscal Year 2026, and this adoption is the beginning of the budget process. The Miami County Auditor is requesting that the City submit the Tax Budget as proof of the need for Miami County's distribution of property taxes and Local Government Fund revenue to the City. A public hearing on the 2026 Tax Budget is scheduled for the July 14, 2025 City Council Meeting. The 2026 Tax Budget is required to be submitted to the Miami County Auditor by July 20, 2025. City Staff respectfully request a first reading and adoption of the legislation at the July 14, 2025 City Council Meeting as non-emergency legislation.

Fiscal Impact

Source of Funds:

Various Funds

Cost:

N/A

Recurring Cost? (Yes/No):

N/A

Funds Available in Current Budget? (Yes/No):

N/A

Financial Implications:

There are no financial implications at this time. This preliminary 2026 Tax Budget only provides revenue estimates. This will not be the final 2026 Appropriations Budget which will be presented to the City Council later this year.

Attachments

Resolution

Exhibit A

2025-R-7585