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Commissioners set ad valorem tax rate and amend budget to include CDBG funds
Summary
The Board of Commissioners adopted the second reading of the city’s ad valorem tax ordinance (compensating rate plus 4) and approved a budget amendment to show Community Development Block Grant money required to appear on the FY2025–26 general fund budget; both measures passed unanimously.
The Board of Commissioners completed second readings and passed two ordinances related to tax rates and the budget.
Commissioner’s Ordinance No. 13, the second reading to levy and assess ad valorem taxes for fiscal year 2025–26, was described by City Manager John Hayden as a traditional compensating rate plus 4…
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