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Robinson schedules adoption vote after public hearings on budget and proposed tax increase
Summary
Council set a meeting next Tuesday to adopt a proposed tax rate tied mainly to $33 million in certificates of obligation to fund streets and a ladder truck; city staff described a modest operational decrease but a larger debt-service rise tied to the COs.
Robinson’s City Council voted to set a meeting next Tuesday to adopt a proposed tax rate after holding public hearings on the tax and the fiscal 2025–26 budget. City staff said most of the proposed increase is to cover new debt service tied to certificates of obligation, while the operating portion of the tax rate would decline slightly.
At the public hearing the council reviewed the truth-in-taxation calculations used to set statutory notice rates. City Manager Craig summarized the staff calculations: the no-new-revenue rate was stated as 44.3426¢, the voter-approval rate as 53.9732¢, and the de minimis rate at 53.9667¢. The budget presented by staff used a proposed rate of 50.9937¢. Craig told the council and public the…
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