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Council schedules two public hearings on proposed 2025–26 budget and places tax-rate adoption on future agenda
Summary
Council set public hearings for Aug. 11 and Aug. 18 and took a recorded vote to place consideration of adopting the current tax rate (0.539082 per $100) on the Aug. 18 agenda; staff said certified values added roughly $126,000 in property-tax revenue under the current rate.
Hewitt — The City Council on Aug. 4 voted to set two public hearings on the fiscal 2025–26 proposed operating and capital budget and placed consideration of adoption of the city’s current tax rate on a future meeting agenda.
City Manager Thomas told council that certified property values received on July 25 produced updated revenue calculations. Using the city’s current adopted tax rate, 0.539082 per $100 of valuation, he said the certified values generate about $126,000 more property-tax revenue for the…
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