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Raymore council: tax levy set for first reading; bond defeasance, reserve and grant resolutions pass
Summary
At its Aug. 5 meeting the Raymore City Council approved a bond defeasance ordinance (second reading), set the 2025 tax levy on first reading, and adopted two resolutions on fund reserves and a highway-safety grant; several items were unanimous votes.
Raymore City Council disposed of multiple budget and finance items during its Aug. 5, 2025 meeting, approving a bond defeasance ordinance on second reading and taking initial action on the city27s 2025 tax levy. The council also adopted two resolutions: one adjusting the city27s restricted reserve policy and one accepting a roadway-safety grant for the police department.
Bond defeasance ordinance: Council approved the second reading of Bill 39-80, an ordinance authorizing redemption (defeasance) of outstanding general obligation bonds (series 2017). The motion to approve passed unanimously, 8-0. No further discussion was requested by staff.
2025 tax levy (first reading): The council held a…
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