After welcoming attendees, Mayor Mike Rosen turned the meeting over to City Council President Neil Tibbott, who set the stage for the day. A $10 million levy (with $3 million in cuts in 2026 and restoring those cuts in 2027, and a focus on building reserves for resiliency). A $6 million levy, dubbed “the Chen plan” (assumes use of reserves to avoid cuts in 2026 and asks for $6 million levy in 2027). Chen proposed — and the council agreed — to use the $6 million levy option as a baseline for Friday afternoon’s discussion. “And should we eliminate it, how could we incentivize development in other ways?”Budget cutsThe Council spent the last part of the day talking about possible budget cuts.