River Falls City Council Workshop FISCAL PLAN/CIP WORKSHOP 09/08/2026

The City of River Falls City Council held a workshop on September 8, 2026, to review the 2027-2031 fiscal plan and capital improvement plan (CIP). The meeting focused extensively on the city's five-year financial outlook, including tax levy growth assumptions, debt service management, and budget pressures such as wage and benefit increases. The council discussed the allocation of tax levy between operations, debt service, and capital projects, aiming for a sustainable 3% net levy growth annually. The CIP was presented as a $122 million coordinated plan for major infrastructure investments, heavily reliant on grants, donations, and non-levy-backed debt, with key projects including downtown reconstruction, dam removal, and river restoration. The council was asked to provide feedback on fiscal assumptions, capital needs sequencing, and funding mix. Additionally, the discussion touched on maintaining strong fund balances to support the city's AA2 credit rating and the potential designation of the Keiny River corridor as a fourth regional park to enhance grant opportunities. No specific contract awards or vendor selections were made during this workshop, but the session provided critical guidance on budget priorities and capital project planning for the coming years.