City Council Approves Controversial Tax Rate Increase

During a recent city council meeting, officials discussed the proposed tax rate for the fiscal year 2024-2025, which is set to increase by 6.32%. The council noted that the new tax rate would raise an additional $29,580 in property tax revenue compared to the previous year, primarily due to rising property appraisals and new properties added to the tax roll.

Mayor Kent highlighted that the increase in revenue is largely attributed to the growth in property values, including new constructions evaluated by the county's appraisal district. The tax rate is divided into two components: the maintenance and operation (M&O) tax rate, which supports daily city operations, and an interest and sinking (I&S) tax rate, which the city currently does not have. The council discussed the potential for future general bond obligations, which would require voter approval.

The council unanimously adopted Ordinance 0815-2024, which formalizes the new tax rate. Public comments were solicited during the meeting, but no citizens voiced concerns regarding the proposed changes. The meeting concluded with the council reaffirming their commitment to addressing community needs, despite frustrations expressed by residents about the responsiveness of city officials to local issues.