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Office of Finance outlines FY26 workplan, tax-sale changes and administration of public‑safety tax credit
Summary
The Office of Finance presented its FY26 proposed budget, discussed a transition to a new treasury system, recent state tax-sale changes, and the initial rollout of the Public Safety Officer real property tax credit; staff said they have processed hundreds of applications.
The Office of Finance presented its FY26 proposed budget to the Government Operations and Fiscal Policy Committee on May 1, outlining staffing, system modernization and program administration priorities and responding to council questions about tax‑sale thresholds, abandoned properties and the Public Safety Officer real‑property tax credit.
Finance staff said the FY26 proposed budget for the office is approximately $6.1 million (general fund portion) with compensation increases driven by annualized salary adjustments and two new positions: one ARPA-funded role being moved to the general fund…
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