AGENDA CAPTION:
Title
Receive a Staff presentation and hold a Public Hearing to receive comments for or against Ordinance 2025-37, setting the tax rate for the 2025 tax year at 67.69 cents on each $100.00 of taxable value of real property that is not exempt from taxation; levying taxes for the use and support of the municipal government of the city for the fiscal year beginning October 1, 2025, and ending September 30, 2026; providing a sinking fund for the retirement of the bonded debt of the city; including procedural provisions; and declaring an effective date; and consider approval of Ordinance 2025-37 on the first of two readings.
Body
Meeting date: September 2, 2025
Department: Finance
Amount & Source of Funding
Funds Required: N/A
Account Number: N/A
Funds Available: N/A
Account Name: N/A
Fiscal Note:
Prior Council Action: On March 18,2025, City Council passed Resolution 2025-53R, approving the FY 2026 Budget Policy Statement. The Budget Policy Statement provided guidance for the property tax rate to be kept between the current rate and the voter-approval rate. On August 19, 2025, City Council passed Resolution 2025-150R, setting the maximum proposed tax rate at 67.69 cents.
City Council Strategic Initiative: [Please select from the dropdown menu below]
Public Safety, Core Services & Fiscal Excellence
Choose an item.
Choose an item.
Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
? Economic Development - Choose an item.
? Environment & Resource Protection - Choose an item.
? Land Use - Choose an item.
? Neighborhoods & Housing - Choose an item.
? Parks, Public Spaces & Facilities - Choose an item.
? Transportation - Choose an item.
? Core Services
? Not Applicable
Master Plan: [Please select the corresponding Master Plan from the dropdown menu below (if applicable)]
Choose an item.
Background Information:
At the August 19, 2025 City Council meeting, the maximum proposed tax rate ...
Click here for full text