In a recent government meeting, city officials discussed the proposed tax rate of 49.9 cents per $100 of assessed property value, with a general consensus emerging among council members. Mayor and council members emphasized the importance of exploring potential cost savings to avoid a tax increase, while also acknowledging the flexibility to adjust the rate before its final approval on September 3rd.
The mayor confirmed that if the council sets a preliminary rate of 49.9 cents during the upcoming Tuesday meeting, it can be lowered before the final decision. This approach allows for further discussions with constituents and consideration of the community's feedback over the next few weeks.
Additionally, the mayor praised the efforts of city staff in preparing the budget, highlighting the extensive six to eight-month process that involves collaboration across various departments. He expressed gratitude for the contributions of the public affairs team and others who played a role in developing the capital improvement program and refining the budget process.
As the council prepares for the final budget approval, officials remain open to questions and discussions regarding the financial modeling and specific budget requests, reinforcing the collaborative nature of the budgeting process. The meeting concluded with a sense of direction and appreciation for the staff's hard work in shaping the city's financial future.