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Bluff City board approves fiscal 2025–26 budget and lowers tax rate to 0.89
Summary
The Bluff City Board of Aldermen approved Ordinance 2025-009 adopting the fiscal year 2025–26 budget and reducing the municipal tax rate from 1.30 to 0.89, with a second reading to be scheduled in 10 days.
The Bluff City Board of Aldermen voted to approve Ordinance 2025-009, which adopts the city’s budget for the fiscal year beginning July 1, 2025, and ending June 30, 2026, and sets a municipal tax rate of 0.89.
The presiding officer explained that the current tax rate is 1.30 and that the ordinance lowers it to 0.89. “This is going to offset any increases in personal property,” the presiding officer said during the meeting.…
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