File #: 25-1204    Version: 1 Name:
Type: Public Hearing / First Reading Status: Second Reading
File created: 7/24/2025 In control: City Council
On agenda: 9/2/2025 Final action:
Title: Public Hearing and Second Reading Ordinance setting a property tax rate of $0.599774 per $100 valuation, which is effectively a 0.23% increase over the no-new-revenue tax rate, and approving the tax roll as calculated. (60 percent favorable vote required) (City Council Motion: “I move that the property tax rate be increased by the adoption of a tax rate of $0.599774, which is effectively a 0.23% percent increase in the tax rate.”)
Sponsors: Finance & Procurement
Attachments: 1. 25-1204 - Agenda Memo- Property Tax Rate, 2. 2025-2026 Ordinance to Set Tax Rate v5 20250822 clean, 3. 25-1204 - Presentation- Property Tax Rate

title

Public Hearing and Second Reading Ordinance setting a property tax rate of $0.599774 per $100 valuation, which is effectively a 0.23% increase over the no-new-revenue tax rate, and approving the tax roll as calculated. (60 percent favorable vote required) (City Council Motion: “I move that the property tax rate be increased by the adoption of a tax rate of $0.599774, which is effectively a 0.23% percent increase in the tax rate.”)