AGENDA CAPTION:
Title
Receive a Staff presentation and hold a public hearing to receive comments for or against Ordinance 2026-38, setting the tax rate for the 2027 tax year at 65.1500 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, 2026, and ending September 30, 2027; 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 2026-38 on the first of two readings.
Body
Meeting date: September 1, 2026
Department: Finance
Amount & Source of Funding
Funds Required: N/A
Account or Project Number (C = CIP funds): N/A
Funds Available: N/A
Account Name: N/A
Fiscal Note:
Prior Council Action: On March 31,2026, City Council passed Resolution 2026-46R, approving the FY 2027 Budget Policy Statement. The Budget Policy Statement provided guidance for the property tax rate to be kept at the current (FY 2026) rate of 65.1500 cents. On August 18, 2026, City Council passed Resolution 2026-140R, setting the maximum proposed tax rate at 65.1500 cents.
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