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White House staff presents FY 2025–26 budget; council proposes tax rate, schedules public hearing
Summary
City staff presented a structurally balanced FY 2025–26 budget proposal featuring a 3% cost-of-living adjustment, planned capital projects and a recommended tax rate the council proposed and advanced to public hearing on Sept. 23.
City staff presented a proposed fiscal year 2025–26 budget to the White House City Council on Aug. 5 and the council proposed a total tax rate that it set for public hearing on Sept. 23. The presentation included staff projections that the city’s certified net taxable value increased just over 10 percent, with $22,000,000 of that increase attributed to new construction. “We did show our net taxable value increased just over 10%, which was right in line with what we were anticipating and expecting in our general fund for revenues. 22,000,000 of that is in new construction value,” a staff member said in the presentation. Staff described the proposed budget as structurally balanced and noted key items: a…
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