Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Henderson council approves proposing no-new-revenue property tax rate; motion carries by voice vote
Summary
During a rescheduled August meeting, the Henderson City Council voted to propose the no-new-revenue property tax rate for 2025 and authorized a record vote; staff presented a chart showing the difference between the no-new-revenue, voter-approval and current rates and recommended using new revenue to bolster reserves rather than add new spending.
The Henderson City Council voted to move forward with a proposed 2025 property tax rate set at the no-new-revenue level, with a motion carried by voice vote during a rescheduled August meeting.
City staff presented a chart comparing three measures — the no-new-revenue rate, the voter-approval rate and the current rate — and the projected revenue under each. A staff presenter explained that because of new property added to the tax roll (described as a one-time increase driven mainly by West Frasier expansion), the no-new-revenue line can show more revenue even if the rate is lower.
"You have the ability to do anything up to the voter approval rate, and then you can go down as low as you want," the staff presenter said while explaining the options. The…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
