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City manager outlines FY26 budget schedule as reappraisal process could lower tax rate
Summary
City staff reviewed the FY26 budget timeline, fund structure and staffing levels and told commissioners the Hamilton County reappraisal is pending; the city will use the current $1.67 rate in budget documents until the county-certified revenue‑neutral rate is issued.
City staff gave commissioners an overview of the FY26 budget timeline, key funds and staffing supported by each fund and cautioned that Hamilton County’s ongoing property reappraisal will change the certified tax rate that the commission must adopt.
The city manager (name not specified in the transcript) opened the budget workshop by reviewing meeting dates, packet locations and the structure of the FY25 budget packet used as the base document. He said department director messages and parts of the draft FY26 materials are already posted on the city website.
Why it matters: Hamilton County is conducting a reappraisal and the assessor will issue a revenue‑neutral tax rate tied to the new assessed values. City staff said the budget will use the current $1.67 rate for planning, but the commission may adopt a different rate once the assessor’s certified figures are…
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