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Controller seeks income-tax reallocation to offset Senate Bill 1 changes; council hears neighborhood and school impacts
Summary
Controller Abby presented Proposal 274 to reallocate income-tax subrates—spinning down levy-freeze and shifting the property-tax-relief rate into public-safety and certified-share buckets—arguing it smooths the transition required by Senate Bill 1 while freeing funds for essential services.
Controller Abby presented a two-step proposal to the Administration & Finance Committee to realign local income-tax subrates ahead of statewide changes under Senate Bill 1.
For 2026, Abby said the county—s certified distribution is $658,000,000 and that the rate residents pay (2.02%) would not change under the proposal. Instead, the city would reallocate how the income tax is split across subrates: the levy-freeze rate would be halved and allocated between certified shares and public safety, and all of the property-tax-relief rate…
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