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University Heights sets April 1 public hearing on FY2025-26 levy after local-option sales tax boost
Summary
The council set a public hearing for April 1 on the proposed FY2025-26 city maximum tax dollars and levy and discussed using local option sales tax revenue to reduce certain levies, including eliminating the debt-service levy.
The University Heights City Council voted 4-0, with one member absent, on Feb. 11 to set a public hearing for 7 p.m. April 1 on the proposed city maximum tax dollars and levy for the fiscal 2025-26 budget.
Council staff and finance presenters told the council that participation in the regional local option sales and services tax has produced larger-than-expected receipts and will allow the city to apply revenue to reduce property-tax levies. Staff estimated the participating jurisdictions are collecting about $2.94 million through the pool; using the city’s 12.75% share, administrators estimated University Heights’ portion would be roughly $375,000, about half of which must be used for property-tax relief under the state formula (about $187,500). Council staff said those figures are the basis for proposed FY26…
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