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Downtown South NID proposes 1‑mill rate, nearly $1.1 million tentative budget; council and NID board approve at first hearing
Summary
The Downtown South Neighborhood Improvement District’s advisory council recommendation and City Council action set a 1‑mill rate for FY2025–26 and approved a tentative budget of nearly $1.1 million; the board of directors then convened and adopted matching tentative millage and budget for the district.
The City Council approved a proposed 1‑mill ad valorem rate for the Downtown South Neighborhood Improvement District (NID) and its tentative FY2025–26 budget of nearly $1,100,000 at the first public hearing; the council motion was made by Commissioner Sheehan and seconded by Commissioner Rose and carried with no public comment. Staff said the…
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