Collinsville’s proposed 2026 budget offers 5% increase in property tax levy

By Ray Popkess • A budget report highlighting a balanced budget for the city next year totaling $97,622,675 included a property tax levy increase by 5%. 

Last week’s city council meeting began with a public hearing on the proposed budget for the fiscal year ending Dec. 31, 2026. 

All $3,780,882 garnished by the city for the proposed 2026 tax levy will be disbursed into police and fire pension funds.

The projected expenditures for the city are expected to increase as well in the new year, totaling $89,815,211 from last year’s $80,760,534. The bulk of these expenses are capital, salaries and contractual agreements with the city. 

A significant increase to the city’s unassigned fund balance from $17 million in 2025 to a projected $22.3 million in 2026 is responsible for over half of the projected revenue for next year, excluding other financing outside of tax collection and governmental fees. This increase is due to a carryover of financed projects from 2025. 

Since 2021, there has been a 71% increase in combined chemical costs and an 82% cumulative increase in utility costs, according to a slide presented by the Interim Finance Director Amanda Guntrum.

Collinsville residents who reap the benefits of the city’s water and wastewater services are projected to see a 9% increase in their rates. A four-person residence in Collinsville that used 12,000 gallons averaged $97.06 on their one-month bill last year and are projected to pay more ($105.80) next year. 

The proposed budget will be presented to the city council for approval on Dec. 9 at its next scheduled meeting.