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Lebanon sets 2025 ad valorem levies; general rate falls as assessed values rise
Summary
At a public hearing Aug. 11, the Lebanon City Council approved the 2025 general fund, parks and downtown business district ad valorem tax levies. The general fund rate fell from 0.2595 to 0.2479; assessed-value growth offsets the cut and raises projected revenue.
The Lebanon City Council on Aug. 11 approved the city’s 2025 ad valorem tax levies, setting the general fund, parks and downtown business district rates ahead of the December tax bills. Lacey, a city staff member, told the council the proposed general fund rate would drop to 0.2479 from last year’s 0.2595 while assessed valuations increased, producing about $28,000 in additional general‑fund revenue; the downtown levy fell from 0.6888 to 0.6589, yielding roughly $1,000 more…
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