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Seat Pleasant holds first reading of FY 2026 budget; property tax rate set in ordinance text
Summary
The City Council conducted a first reading of Ordinance O25-13 to adopt the fiscal year 2025–26 budget. The ordinance text as read sets a real property tax rate of $0.58 per $100 of assessed value and a personal property tax rate of $10.00 per $100, and lists general fund expenditures and revenue totals.
The Seat Pleasant City Council on Monday heard the first reading of Ordinance O25-13, the city’s proposed fiscal year 2025–26 budget, which the clerk read into the public record.
The ordinance text read during the meeting sets the real property tax rate at 58 cents per $100 of assessed value and the personal property tax rate at $10 per $100 of assessed value. The ordinance states the fiscal year begins…
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