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Council adopts fiscal plan and annexes eight LEAP parcels (Phases 36–43); net revenue estimated positive
Summary
The Lebanon City Council approved a fiscal plan (Resolution 2025‑14) and eight voluntary annexation ordinances (Ordinances 2025‑15 through 2025‑22) for LEAP phases 36–43. Staff and consultant analysis projects modest net positive fiscal impact from incremental property tax and small operating costs.
The Lebanon City Council approved a combined fiscal plan for eight voluntary annexations in the LEAP area and then adopted ordinances annexing phases 36 through 43 on May 12.
Ben (staff member) said Baker Tilly prepared a consolidated fiscal plan for the eight parcels, which he described as “hole‑fill” infill annexations within a previously created LEAP district. The filings and staff presentation summarized assessed value additions and operating cost impacts to city services.
Staff reported the…
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