Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Assessor estimates $25 million in new value; city manager projects 4.52% mill-rate increase
Summary
City staff told the council the assessor is comfortable conservatively adding $25 million in new assessed value for FY26. With current budget choices, the manager said that would produce a mill-rate increase of about 4.52%, raising the rate to roughly $23.26.
City Manager Phil Kroll briefed the Auburn City Council on the assessor's preliminary valuation work and how it affects the FY26 mill rate.
"Where the city assessor currently is at is on the total assessed value that she felt with a conservative number we could add 25,000,000 into the city's value, for, assessed value change," Kroll said. He emphasized the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
