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Jacksonville council sets tax-rate ceiling, schedules Sept. 9 public hearing on proposed budget
Summary
The City Council voted 5-0 to set a ceiling of $6.045 per $100 valuation for the proposed 2025–26 tax rate and scheduled a public hearing and vote on Sept. 9 at 6 p.m.; staff said the city’s net taxable value rose about 5.34% year over year.
The Jacksonville City Council voted 5-0 Tuesday to set a ceiling on the proposed 2025–26 ad valorem tax rate at $6.045 per $100 of valuation and set a public hearing and vote on the proposed tax rate and budget for Sept. 9 at 6 p.m.
City staff told the council the city’s net taxable value rose from $1,039,000,000 in 2024 to $1,095,000,000 in 2025, a change of $56,000,000, or roughly 5.339 percent. Staff said holding the current tax rate would yield about $352,000 in additional revenue based on an assumed 98.5 percent collection rate.
Why it matters: the general fund pays for police, fire, emergency medical services, streets, library and museum, parks, animal control, code…
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