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Saksley council adopts FY2025–26 budget and approves 2025 tax rate totaling $0.650416 per $100 valuation
Summary
Council adopted the fiscal year 2025–26 budget, ratified the property tax increase, and approved a combined tax rate of 0.650416 (maintenance and operations rate 0.456209; debt service rate 0.194207). The adoption and tax ordinances passed by recorded voice votes.
The Saksley City Council voted Sept. 15 to adopt the fiscal year 2025–26 budget and to levy ad valorem taxes for 2025 at a combined rate of 0.650416 per $100 assessed valuation (maintenance and operations 0.456209; debt service 0.194207). The council also ratified a property tax increase in the adopted budget.
Finance staff presented proposed budget amendments to the current fiscal year (FY2024–25) that…
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