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Bay City adopts FY2026 budget, ratifies property tax increase and lowers tax rate to 0.55772
Summary
Council approved the city operating budget for fiscal 2026, ratified the property tax revenue increase included in the budget, and adopted a tax rate of $0.55772 per $100 of assessed value with separate maintenance and debt service components.
The Bay City City Council on Sept. 23 approved the city’s operating budget for fiscal year 2026, ratified the property tax increase reflected in that budget, and adopted a tax rate of 0.55772 per $100 of assessed valuation.
City staff presented the ordinance to adopt the fiscal 2026 operating budget and said the general fund totals approximately $2,020,500,000.00 (as described during the staff…
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