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Board sets first readings of FY26 budget and $1.66 tax rate; resident urges smaller tax increase

3550446 · May 27, 2025
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Summary

The board held first readings of the FY26 appropriation ordinance and the tax-rate ordinance that sets the 2025 tax rate at $1.66 per $100 assessed value and scheduled public hearings for June 10; a resident urged the board to reduce the proposed tax increase.

The Bartlett Board of Mayor and Aldermen on May 13 completed first readings of two ordinances: Ordinance 25‑O‑2, the FY26 appropriation ordinance, and Ordinance 25‑O‑3, setting the ad valorem tax rate for tax year 2025 at $1.66 per $100 of assessed valuation. The board set public hearings on both items for June 10, 2025.

Mr. Phoebus, director of finance, described the appropriation ordinance as the annual budget ordinance for FY26 and told the board the document reflects previous discussions of what is included in next year’s budget. He stated the tax rate in the ordinance sets the rate at $1.66 per $100 assessed value.

During the meeting’s public comment period, resident Ryan Hurd of 6336 Mercury Cove addressed the board and urged them to reconsider the size of the proposed property tax increase. Hurd said inflation, rising water bills and other costs weigh on residents and asked the board to “cut the property tax increase in half” or consider a smaller figure such as $1.45 per $100. He characterized current pressures on households as serious and asked the board to reduce the burden on taxpayers.

Both ordinances were advanced on first reading with motions and seconds and recorded as carrying; no final adoption occurred at this meeting. The board will hold public hearings June 10 before any final vote on the FY26 budget or tax rate.