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Coos Bay Budget Committee approves proposed FY2025–26 budget, permanent tax rate and GO bonded debt to forward to council
Summary
Committee made required motions to set the city's permanent tax rate, impose the general obligation bonded debt and forward the proposed budget to the City Council for adoption June 17; committee approved the motions on voice votes.
At the close of its meeting the City of Coos Bay Budget Committee completed the required motions for the proposed fiscal year 2025–26 budget and forwarded the package to the City Council for adoption.
The committee voted on three required items: imposing the city's maximum permanent tax rate, authorizing the general obligation bonded debt levy, and approving the proposed budget to be forwarded to…
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