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Council approves first reading of tax-levy ordinance; city estimates $946,000 from mill levy

3646934 · June 3, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The council approved first reading of the ordinance levying taxes for FY2026. The city levies the full eight mills; three mills go directly to the fire district and the city expects to receive revenue from five mills estimated at about $946,000, a roughly 12.5% reduction from the prior year tied to recent property-tax changes.

The Cody City Council approved the first reading of an ordinance levying taxes for fiscal year ending June 30, 2026. Council member Cindy introduced the ordinance and described how the city collects the mill levy: the city levies the full…

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