MCF preliminary budget

Minot City Council has proposed a preliminary budget of $227.7 million for 2025, which includes a 115-mill property tax levy, resulting in an estimated tax decrease of about $22 for homes valued at $100,000. Concerns were raised by Alderman Mike Blessum regarding the city's reserve policies, suggesting that maintaining excessive reserves could lead to overtaxation and hinder effective financial decision-making. Meanwhile, the Municipal Corporation of Faisalabad approved a budget of Rs 10.37 billion for 2024-25, with significant allocations for employee salaries, pension increases, and various development projects. The Bismarck Park Board also approved a preliminary budget of $27.26 million for 2025 without increasing the mill levy, while planning to pay off existing debt. Public hearings for final budget approvals are scheduled for both Minot and Bismarck in September. These budgetary discussions highlight the ongoing efforts of local governments to manage finances amid rising costs and community needs.