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Red Bank adopts FY2026 property tax rate after second reading; one commissioner votes no

5535519 · August 6, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

On second and final reading the commission approved the FY2026 general revenue ordinance and set the property tax rate tied to a reassessment year; the vote was 4–1 with Commissioner Fairbanks Harvey voting no.

The Board of Commissioners approved the fiscal year 2026 general revenue ordinance on its second and final reading, adopting a property tax rate intended to capture an additional five percent in revenue related to a county reassessment year. CFO Pickle told commissioners that the revenue target was $5,722,500 and that the certified tax rate from the county was 89.68 cents; the commission had earlier proposed and approved 98 cents on first reading. The ordinance passed on second reading after a roll-call vote: Mayor Stephanie Dalton — yes; Vice Mayor Berry — yes; Commissioner Jamie Fairbanks Harvey — no; Commissioner Terry Holmes — yes; Commissioner Wilkinson — yes. The mayor asked for the motion and commissioners approved the ordinance on the record. Staff and the mayor presented budget-workshop certificates to two attendees who completed the FY26 budget workshops. Commissioners did not amend the ordinance during the second-reading vote; staff said the measure implements revenue adjustments discussed in the May–June budget process.