The Village of Laurium held a budget hearing to discuss the FY 26/27 original and amended budget, as well as the proposed budget. The council reviewed each fund individually, including the General Fund, Water Fund, and Debt Retirement Funds. They also discussed various topics such as equipment purchases, tax revenues, and employee benefits. The meeting concluded with a motion to accept the budget, which was approved unanimously.
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Summary
The Village of Laurium held a budget hearing to discuss the FY 26/27 original and amended budget, as well as the proposed budget. The council reviewed each fund individually, including the General Fund, Water Fund, and Debt Retirement Funds. They also discussed various topics such as equipment purchases, tax revenues, and employee benefits. The meeting concluded with a motion to accept the budget, which was approved unanimously.