[PAGE 1]
City of Oskaloosa
City Council Special Meeting
Council Chambers
City Hall, 220 S. Market Street
Oskaloosa, IA 52577
Agenda
Call to Order and Roll Call - Monday, March 23, 2026 - 5:30 P.M.
1. Roll Call
___Mayor David Krutzfeldt,
Council Members:
___ Almond, ___Caligiuri, ___Drost, ___Hermsen, ___Holmberg, ___ Ibrahim, ___Sword
2. Approve Monday, March 23, 2026 City Council Special Meeting
Agenda
3. Consider a resolution adopting the proposed FY2027 budget and
setting date for public hearing.
Documents:
MEMO PUBLIC HEARING FY27 PROPOSED BUDGETS 20260323.DOCX
RESOLUTION SCHEDULE PH FY2027 BUDGET 20260323.DOC
NOTICE OF PUBLIC HEARING FY2027 BUDGET 03232026.PDF
4. Adjourn
If you require special accommodations, please contact the city manager's office at least 24 hours
prior to the meeting at 641.673.9431.

[PAGE 2]
AGENDA MEMO
Meeting Type: City Council Special Meeting
Meeting Date: March 23, 2026
Staff Contact: Pamela Nimtz
Department: City Clerk/Finance
ITEM TITLE:
Consider a resolution adopting the proposed FY2027 budget and setting date for public hearing.
STRATEGIC PLAN ALIGNMENT:
Focus Area: 2 – Collaborative Community
Goal Area: 2.2 – Increase the efficiency and effectiveness of the local governments
SUMMARY:
ThisresolutionsetsthepublichearingforApril20,2026,andauthorizespublicationofthenotice.
The notice will include a citypropertytaxratetobeleviedintheamountof$15.48247per$1,000
of assessed valuation. This rate represents a increase of $1.02531 in the city property rate for
next year.
RECOMMENDATION:
Staff recommends approval of the item.
BUDGET CONSIDERATIONS:
To be determined.
ATTACHMENTS:
Resolution
Public Hearing notice

[PAGE 3]
RESOLUTION NO. _________
RESOLUTION ADOPTING THE PROPOSED FY2027 BUDGET
AND SETTING DATE FOR PUBLIC HEARING
WHEREAS, City Council of the City of Oskaloosa has reviewed budget requests and has
directed the preparation of a proposed FY2027 budget; and
WHEREAS, City Council is required to hold a public hearing on the proposed FY2027
budget to comply with Iowa Code Section 384.16 and 362.3;
WHEREAS, this hearing will give Oskaloosa citizens the opportunity to review and
comment on the proposed FY2027 budget.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Oskaloosa, Iowa
that the proposed FY2027 budget is hereby adopted and a public hearing on the proposed
budget shall be conducted on April 20, 2026, at 6:00 p.m. at which time persons may appear
and speak for or against the proposed budget.
PASSED AND APPROVED this 23rd day of March 2026.
_____________________________
David Krutzfeldt, Mayor
ATTEST:
________________________________
Pamela Nimtz, City Clerk

[PAGE 4]
NOTICE OF PUBLIC HEARING -- PROPOSED BUDGET
Fiscal Year July 1, 2026 - June 30, 2027
City of: OSKALOOSA
The City Council will conduct a public hearing on the proposed Budget at: City Hall Council Chambers, 220 South Market Street, Oskaloosa, IA 52577
Meeting Date: 4/20/2026 Meeting Time: 06:00 PM
At the public hearing any resident or taxpayer may present objections to, or arguments in favor of , any part of the proposed budget. This notice represents a
summary of the supporting detail of revenues and expenditures on file with the City Clerk and County Auditor.
City budgets are subject to protest. If protest petition requirements are met, the State Appeal Board will hold a local hearing. For more information, consult
https://dom.iowa.gov/local-budget-appeals.
The Budget Estimate Summary of proposed receipts and expenditures is shown below. Copies of the the detailed proposed Budget may be obtained or
viewed at the offices of the Mayor, City Clerk, and at the Library.
The estimated Total tax levy rate per $1000 valuation on regular property
15.48247
The estimated tax levy rate per $1000 valuation on Agricultural property is
3.00375
At the public hearing, any resident or taxpayer may present objections to, or arguments in favor of, any part of the proposed budget.
Phone Number City Clerk/Finance Officer's NAME
(641) 673-9431 Pamela Nimtz
Budget FY Re-estimated FY Actual FY
2027 2026 2025
Revenues & Other Financing Sources
Taxes Levied on Property 1 7,042,717 5,653,711 5,926,838
Less: Uncollected Property Taxes-Levy Year 2 0 0 0
Net Current Property Taxes 3 7,042,717 5,653,711 5,926,838
Delinquent Property Taxes 4 0 0 0
TIF Revenues 5 664,548 684,459 436,436
Other City Taxes 6 3,088,771 3,056,583 3,141,406
Licenses & Permits 7 204,575 205,938 219,774
Use of Money and Property 8 781,794 1,045,275 1,457,919
Intergovernmental 9 4,776,929 2,820,309 2,907,144
Charges for Fees & Service 10 9,508,537 9,117,660 8,838,796
Special Assessments 11 0 6,263 8,939
Miscellaneous 12 2,258,042 7,511,280 3,002,006
Other Financing Sources 13 28,874,500 1,469,344 7,270,416
Transfers In 14 12,504,283 15,006,898 12,093,333
Total Revenues and Other Sources 15 69,704,696 46,577,720 45,303,007
Expenditures & Other Financing Uses
Public Safety 16 5,633,927 5,542,158 4,154,653
Public Works 17 2,050,162 2,660,102 1,459,097
Health and Social Services 18 0 0 0
Culture and Recreation 19 2,301,851 2,703,720 1,616,779
Community and Economic Development 20 1,272,890 1,263,929 677,338
General Government 21 1,663,421 1,565,985 1,422,103
Debt Service 22 1,754,541 1,840,734 1,559,206
Capital Projects 23 3,522,690 8,771,432 2,234,495
Total Government Activities Expenditures 24 18,199,482 24,348,060 13,123,671
Business Type / Enterprises 25 39,731,395 15,585,521 14,122,722
Total ALL Expenditures 26 57,930,877 39,933,581 27,246,393
Transfers Out 27 12,504,283 15,006,898 12,093,333
Total ALL Expenditures/Transfers Out 28 70,435,160 54,940,479 39,339,726
Excess Revenues & Other Sources Over
29 -730,464 -8,362,759 5,963,281
(Under) Expenditures/Transfers Out
Beginning Fund Balance July 1 30 31,074,951 39,437,710 33,474,429
Ending Fund Balance June 30 31 30,344,487 31,074,951 39,437,710