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Budget committee recommends council adopt permanent property tax rate of $3.2316 per $1,000
5771530 · May 21, 2025
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Summary
The committee voted to approve and recommend that the City Council adopt the city’s permanent tax rate of $3.2316 per $1,000 of assessed value; members clarified the increase in projected tax revenues comes from assessed-value growth and new construction, not a rate change.
The City of Talent budget committee voted to approve and recommend the City Council adopt the city’s permanent property tax rate of $3.2316 per $1,000 of assessed value for fiscal 2025–26.
Committee members pressed staff on why projected property tax revenue rose by…
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