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Florence council adopts $98.5 million FY26 budget; primary property tax rate set at $1.0289 per $100
Summary
The Florence Town Council approved Resolution No. 1930-25 adopting the fiscal year 2025–26 budget and maintained a primary property tax levy of $1.0289 per $100 of assessed value, with the council voting to return for a final ordinance hearing on related levies.
At a special meeting, the Florence Town Council approved Resolution No. 1930-25 adopting the town's fiscal year 2025'26 budget and accompanying expenditure limitation.
The action adopts a final budget of $98,533,498 and an expenditure limitation of $61,829,644, Finance Director Carl Dunning said during the public hearing process. Dunning told the council the town's primary property tax levy rate for FY26 was proposed at $1.0289 per $100 of net assessed value; that rate would…
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