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Commerce council adopts FY2026 budget and raises property tax rate to $0.8306 per $100
Summary
The Commerce City Council adopted the $16.22 million fiscal 2026 operating budget and approved a property tax rate of $0.8306 per $100 of assessed valuation, a 3.7% effective increase that city officials said will fund public safety, infrastructure and utility improvements.
The Commerce City Council on Sept. 16 approved a $16,224,760.56 operating budget for fiscal 2026 and adopted a property tax rate of $0.8306 per $100 of assessed valuation, a 3.7% effective increase from the prior year. The council approved the budget and tax-rate ordinance after a public hearing and roll-call votes. City Manager Lisenby presented the budget and explained how the rate was calculated under state formulas that produce a “no new revenue” rate and a voter-approval rate.
Why it matters: The tax-rate decision will raise an additional $196,545 in total property tax levy for fiscal 2026, city staff said, including $111,538 from new property added to the tax roll and roughly $85,007 from existing properties. The…
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