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Murray council moves to keep property tax rate flat, directs staff to use reserves for FY26 shortfall
Summary
At a June 3 work session and public hearing, Murray City leaders heard presentations on the tentative FY2025–26 budget and a required public notice on executive compensation. Council members signaled they do not want a property tax increase and directed staff to rely on fund balances if needed, with a final public hearing set for June 17.
Murray City leaders on June 3 signaled they will not raise the municipal property tax rate for fiscal 2025–26 and asked staff to use available reserves if shortfalls emerge, city officials said.
Brenda Moore, Murray City finance director, presented the tentative budget and the required public hearing on pay for executive municipal officers. Moore told the council the tentative general fund is balanced “with no use of reserves” as presented but explained options for covering a potential shortfall if the council chose to avoid a…
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