Prescott council advances 2026 budget, approves water property-tax equivalent and levy resolution After a public hearing, the City of Prescott council approved resolutions adopting a water property-tax equivalent and the 2026 general fund balance and levy following presentation of the proposed 2026 operating budget, which includes a 2.1% levy increase and targeted reserve uses for taser and IT replacements.

The Prescott council has just approved a 2.1% increase in the 2026 property tax levy, sparking community discussions on funding priorities and future capital needs.

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