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Groves council adopts 0.614926 tax rate and approves 2025–26 budget

5854317 · September 5, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Groves City Council adopted a property tax rate of 0.614926 per $100 of taxable value and approved the city's FY2025'26 budget on Aug. 25, 2025; officials said the rate is higher than the "no new revenue" rate and will raise additional property tax revenue.

The Groves City Council adopted a property tax rate of 0.614926 per $100 of taxable value and approved the fiscal year 2025'26 budget during a regular meeting and immediate follow-up votes on Aug. 25, 2025 at Groves City Hall. Council members also ratified that the proposed budget reflects a property-tax increase as advertised in the required public hearing earlier in the meeting.

The adopted tax rate exceeds the city's no-new-revenue rate, meaning the city will collect more property tax revenue from the same properties than it did in the 2024 tax year, the clerk's public notice said. City staff provided…

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